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Actually you're not off at all. The moron answering your question is. Churn and burn is a combo of the two. It's overtrading to generate commissions which usually causes beginners to BURN thru their initial deposit. You churn so much that you burn out.

No I don't.... they're a NY based b/d though

Anyone know a prop firm that actually fully backs a trader with good track records? If anyone is looking/working/owns one please let me know if it's any good. Looking for a real investment in my trading not a 5k drawdown. I've looked at First NY Securities and they were okay.... any...

Looking for input?

Is that in New York?

RO where were you trading?

Just to clarify i'm talking about putting up capital...... You can get 1 tenth at assent with a track record and no cap up but i hear they're pretty tight on the risk. With your own money WTS, Assent, Keystone, Genesis, Lightspeed, etc..... if you do decent volume trading your own money it's...

They do between 3 and 5 billion shares a month so they just give their institutional rate and take 5 percent with money up..... If you're trading your own money you shouldn't be paying more than 2 bucks per thousand..... that's the highest I'd go and the system would have to be incredible...

nothing to do with pro or not.... there standard deal is .0009 for money up and 50/50 split and 2 tenths for new guys..... Is it still 1500 for the training? I actually recommended it to a few friends, how is it there?

Also, WTS has a structure where they charge .0009 pershare or 90cents/thou

I thought WTS doesn't back experienced guys?

I've heard of Bright trading but know nothing about it. Can someone fill me in on what type of firm it is, what execution platform they provide and just what the general consensus on it is.

Any firm that asks for a "training fee" a/k/a for you to put up trading capital is a chop shop. Real firms either fully back traders or require a much higher deposit. 5K is not nearly enough to make money, especially if you're first starting out. Basically when push comes to shove once your...

Can you give a little more detail?

Anyone heard of this Broker/Dealer? Good, bad, anything?

I'm an experienced trader with a good track record. I've been to firms and so far they promise the world but as soon as you go slightly in the hole they freak out in the sense of cutting down share size, max loss, etc. I'm wondering if anyone knows of any real propfirms that actually...

I have been trading for about 5 years, have a great track record. I would be interested in hearing what you have to offer. Send me a message if you'd like to dicuss further.