Search results

If any prop firm gaurantees success or a high probability of success. Run!!!!!!!!!!!!!!!! There are no gaurantees in this business. There is a low success rate, but those who make it, make good money, and some make decent money, but better then they would at any other job. Most traders fail...

I know what a place Worldco is, I've worked there. I'm just saying that we are free individuals and can make decisions. I don't understand those that complain about how bad a firm is and still stay there, and then try and blame the firm for their woes. And everytime you post it's an...

Overtheline, at first I thought you just like to bust balls, but your really an idiot. A prop firm provides you what no other firms out there is willing to to provide (i.e. leverage, systems, training (maybe), etc...) and all you do is complain. If their not teaching you, leave, it is your...

That was me on the TV, glad you guys liked my opinion.

Sungard per say isn't getting rid of Andover/Assent. But they are also not backing ANdover/Assent either. Andover/Assent has now become just another broker/dealer using Sungard services. Sungard kept the volume, but not the risk.

Can I not find out information about a firm? Maybe I want to switch. Just because I'm with one firm doesn't mean I'm trying to be negative. Just trying to get some information. I think I got the answer, but want to see if someone else can confirm it.

I posted the Andover/Sungard article on this site. You have to search for it.

No, I'm just curious as to what the new structure is. From what I understand, the new ANdover, is a stand alone entity. So the traders under the new Andover are only prtotected up to the new Andovers assets, not Sungards. So it makes Andover like every other prop shop, except they are no...

Here's a question. Now that the merger is done, does this mean that the new Assent, formerly Andover, is no longer self clearing? They sold that part of the business to Sungard. So does this mean, that Assent is now using Sungard to clear, which means that the money is not protected by...

I know that even though a firm is self clearing they do have a variable cost for having that right. I don't know what the exact number is, but it is pretty small. Other variable costs, not really, but as they grow, their fixed cost will continue to grow as they need to hire more...

No, they are not hiring for those positions anymore, but nost firms aren't hiring with no money down.

It all depends on the volume and expenses that the firm has. Self clearing is a fixed cost. So the more volume they have, the more they can spread the cost around. If a self clearing firm has $250,000 in costs a month, which is running barebones, to have a clearing cost of .0004, they would...

They are still hiring.

Hold is still hiring for their prop area, you can PM for the info.

Lucky you, we're still waiting for them.

The profession will not grow for sometime. Too many people are now scared of the market. No one is going to trade in the market to make $20,000 a year for a living, which most lazy traders can pull off. To be the best takes alot of work, and most aren't willing to put in the time. Everyday...

Someone who is truly committed is willing to change even if it doesn't make sense, to improve. I have plenty of traders who say they work hard and committied to becoming great traders, yet they refuse to become more disciplined, and constantly give you excuses why they don't. Now in this...

I agree, but if you're ever gonna get lazy, this is not the market to do it in. A good market allow evena fool to make money. Look at last July, how many scrub traders roamed around bragging how they were given a god's gift to trade, only to watch all that profit dissapear in the following...

You're an idiot, lol!!!!!!!!!!!! Now this is a fun thread, but you're still an idiot.

This thread is pathetic. This is why so many traders aren't making money. Everyone is sulking and bitching rather than working 100x harder to find what is working. So instead of bitching and moaning, use the weekend to find the tweak to your strategy that'll make you better. Remember, in...