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Hilojack thanks for the feedback , i heard of similiar deals in the past It's a grind to make money & if a trader is not disciplined , there toast

HILOJACK great post on the reality on how things really work maybe you could share with us of what a typical deal is that you would offer to someone that has passed all your requirements & would be trading the es contract A ball park idea of what would be offered Are they...

you only retired 1 year ago , i guess it's hard to stay away from trading end of last year was 10x better then now , if we can get volitility to heat up with more volume the next few months should be good always opportunites to make money , just have to adjust to the market conditions...

the market will correct & come back to reality , as it always does so stay long & hope with the others the bull ride continues Lol. I will be laughing all the way to the bank

well if they don't act this month on qe3 the bears will rip this market a new one expect a big move lower, regardless

Hi Michael thanks for the honest results on your traders live acounts hitnrun- You are correct in saying it is difficult to find traders that can produce. We have quite a few that are net profitable each month though profits are not out of this world. They tend to do their Combine...

Hi Michael , I appreciate your honest reply As you stated here , The stats on your profitable traders in your funded program You have only a handful of traders that are profitable enough to make a monthly paycheck The reality is , Trading futures is tough game , let alone...

michael patak , stated that there are 27 live funded accounts that does not mean the traders are making much money if a trader is just breaking even & not doing much volume , then no one is making squat in the live account It is difficult to find profitable traders these days ...

VinMan you got it , the good old days are gone the rules are not meant to protect the traders , more hassle & fees for all

Hello Michael I appreciate your previous response Questions for you You say you have 27 live traders in your funded program How many traders in the live program are net profitable each month ? How many traders actually draw a check monthly ?

agree , for the type of trading your firm does with the overnights having more equity in the account is beneficial to everyone If your a scalper for pennies , then you can go to any prop firm for your needs

QUESTION FOR MICHAEL PATAK ? Ignored on the other thread ! Your reply Is appreciated Your site states that you a cme member Are you actually passing on the reduced rate as being a cme member of some type to your traders ? What are the exchange fees you charge...

Don , that is a big change especially for bright trading after all these years times are tough, i guess you have to weed out the ameteurs With a dead market , that will harm your ability to recruit traders

If you need leverage then the smart move is to get a license your choice of the 56 for cbsx or the series 7 for other exchanges at the end of the day its the only way to get peace of mind & some safety of funds for leverage there are very few choices, everything has changed in the past...

Not sure what they have Looking for the facts What type of cme membership does patak have ? Do they pass on those rates is the question ?

Hello Michael Your commission fee is higher then most retail brokers charge , most would agree on that For clarity purposes The important issue is the exchange fees you charge ! Are you actually passing on the reduced rate as being a cme member of some type to your traders ...

busta21 With your volume you should be paying around 50 cents per contract with other brokers 1.00 per contract is a high rate these days Have you looked at other brokers ? Maybe there is something special about tos you can't live without ?

Hello Michael I appreciate your reply profitable traders , with a live account do need flexibility to neg a better deal , good to know that you work with your traders

Hi Don i thought so , the weekly pay is a big plus for your traders Is the minimum with bright to open the prop account still 20 k ?

Hello Michael For a trader with a live account . If there managing there risk according to your rules & are consistently profitable we realize that after the initial risk ptp takes with a trader , Once they start building equity in the account your risk is very limited it seems like...