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    The Prop Trading Industry EXPOSED

    You make a valid point, I am in the process of setting up such an account, this is part of the reason I've had to close my other prop accounts and thus the problems. When I started trading prop, not only was i not as consistent in my trading but i could barely scrape enough for a 3k deposit...
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    The Prop Trading Industry EXPOSED

    The only reason I posted a figure was to dispell the misconception that profitable traders need not worry about getting screwed. To answer your statement above, do you think a frim would be more spiteful of an inconsistent trader telling them to close their account or one of their top traders...
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    The Prop Trading Industry EXPOSED

    received 13k the last 2 days... some progress being made
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    Is this a fair deal?

    is that a 2 year contract you have to sign?
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    The Prop Trading Industry EXPOSED

    thanks for the rare useful post... appreciate it
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    The Prop Trading Industry EXPOSED

    "The bottom line is if you're thinking about going prop stick to the few that are proven. Don't be lured by higher payouts and promises only to be broken. They'll roll out the red carpet for you in order to get your money... then bite you in the end. Learn from my lesson so you dont have to go...
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    The Prop Trading Industry EXPOSED

    I have no licenses and never claimed to be licensed. I dont understand these accusations and doubts from people who know nothing about me. If you want to know what i trade, my p/l, firms in question you can just search my posts and find the answers. To think that ppl would think i would...
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    The Prop Trading Industry EXPOSED

    My exact words were "The bottom line is if you're thinking about going prop stick to the few that are proven. Don't be lured by higher payouts and promises only to be broken." How does that mean ALL prop firms are cheats?
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    The Prop Trading Industry EXPOSED

    Excuse me what am I exaggerating about?
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    The Prop Trading Industry EXPOSED

    You seem to be really obsessed with my trading for whatever reason... yes i am profitable but that is no big deal... i am owed money by 3 firms which is well overdue, that is my concern. When I'm promised money on a certain date and it hasnt been paid then i've been screwed, and yes its been...
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    Columbus Day liquidity?

    is columbus day a full trading day?
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    The Prop Trading Industry EXPOSED

    Good pt and im not going to be dealing with these prop operations any more... Just to clarify things i had multiple accounts opened stmultaneously to take advantage of certain platforms and in case one system went down to trade the other. It wasnt like i was at one, got screwed, jumped to the...
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    The Prop Trading Industry EXPOSED

    excuse me what did i fail at? the only reason i had even mentioned how much ive pocketed is to show that even the traders that are generating income for the prop firms dont exclude them from getting screwed... bitter trader? actually prop trading is one of the best things that did happen to...
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    Recent college lost in the world of trading!

    judging from my experience, around here ppl tend to be a lot better at flaming than making money from trading...
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    Recent college lost in the world of trading!

    whats the purpose of posting this in such a manner?
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    The Prop Trading Industry EXPOSED

    Sorry to all for making such a useless thread and wasting your precious time... i was just trying to make a simple point but obviously it has no merit unless names are mentioned. I'll have to take a course on making a useful thread in the meantime if you dont have anything useful to say move...
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    The Prop Trading Industry EXPOSED

    most prop shops arent regulated by the sec and nasd and even so its not a guarantee they wont try to rip you off... u just have a better chance of getting your money back.
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    The Prop Trading Industry EXPOSED

    plese see mr. brights post
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    Trader P/L 2006

    0 0 shares great job in limiting my losses today...
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    The Prop Trading Industry EXPOSED

    Maybe you guys should get it through your thick skulls im not naming names... i dont understand this obsession you ppl have with what firms they are. I am not looking for help or advice getting my money back, nor flaming any of the firms. Just want any one joining a new firm to do extreme due...
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