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No, when you have plenty of fresh unsuspecting new "traders" that gaurentee's money? Why would they, get it ? New guy= gaurenteed brokerage, covers own losses, and I charge him desk fee's frivolous training etc ..... Good trader may lose, I have to worry about his blow up potentail, no...

Confirmation bias- funny thing is that your telling me that !!! hahahahahah - jeshshsh both good and bad buddy, what so tough about this

Both good and bad- I started the thread ? Lot of businesses are hard, but its especiall hard when you have organizations ( most of them) set up just tp fleece kids and others that want to "day trade "

That is very good. So you must be one in tens of thousands doing this. Unless your trading millions of doallrs, thats another game completley. Different rules and syle than trading 50k account or less..... much.

However, making seven figures with 20mm AUM is not uncommon. I think the issues here are what you define as prop and what you define as trading etc; Lots and lots of these places cut and run when you lose 5k, further they churn these kids for bro.

Ok when you say make money are we talking 100k a year average ? Why not trade futures, you get margin on margin if you get that ? What edge do you have, can you leverage it, whats keeping you from making millions, equities are very scalable, if you can make 1500 a day consistent you can...

So its coincidental that they are in the commission business too !

This was supposed to be how prop's scam people now its turning into T/A Please take that to PM, no big deal but there are thousands of ways to look at market.

Can you describe what "profitable" means, is ut 25k 75k 200++k ? Thank you Maybe describe up day down day 2k?

Well, it sounds good. Atleast you have a plan. Thanks

Thanks monty, What makes you think you cn make money trading is the question? You have to have a structure of some sort, cant possibly be by seat of pants ? MACD and RSI is all BS. What statistics bear out that you can print p/l ? Thanks

Why who cares? Yeah I just signed up so ?

I would like to get a thread started encouraging people with experience with trading for prop shop “(s), both good and bad. I would be real interested in writing a story for a “trader” magazine or large newspaper about how they work. Where the money is actually made and risked each day...

Agree, however I think its time for a blowup. One way or another It could be that CL/spread that will bend the curve like beckem'

Ithink you will find guys like Perkins in Texas and the like are very short, and it will go higher than you think before physical reality takes hold- maybe early next week ? Until then risk on upside is big in my opinion These gas guys are making comments on CNBC ! Imagine saying gas has...

KAAABOOOMM spreads all came in , game over. physical market is not dominating, nobody has idea just how short these funds are vs. oil. Gartmen and the rest kept getting margin calls on NG/ CL spread, maybe now it will come in its all ranodom, until you learn how to operate in...

Anyone hear of a reputable prop that will look or currently does trade energy, even better on ICE ? Thanks

I agree on everything you point out- I think its simple inflation. Nat Gas and CL should not be here except for the dollar story..... demand is way off YR/YR too

Interesting action I suppose, looks like the market wants it to go down with the sell off late in day, but I think CL at 70 soon and July being a bottoming month for NG- I think we will see 4+00 remander of summer, nobody really likes to sell the p@$ out of it( speaking of large funs in Houston...

Thanks- any thoughts on Oct9 jan 10 ? buy 1.70 I think.... hurricanes etc ?