if you were talking about stocks, maybe. When it comes to futures, you could not be more wrong about this assumption. Its not the same as it was 5 years ago. Just read the thread below
http://www.elitetrader.com/vb/showthread.php?s=&threadid=150296
heres an ad, randomly that couldn't illustrate my point above any better. that model as I mentioned before, its dead. I mean you'd think if you were some semi profitable guy with talent a place would take you, or had 20k to put up not 100k, it might work out. (logistically when you think...
its old.
really old.
almost to the point of being non-relevant.
maybe if it were entitled "how to apply to a stock trading position" that'd be fine, seeing how that model isn't old hat.
that model is dead.
exm. cft used to, they're done backing anybody else outside of london. you could be the most profitable trader ever, u still need 80- 100k to open up and pay a 4k desk.