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Hey Mav, If after 2 months of trading if trader NOT doing enough volume do you BOOT them out or negotiate a higher rate and let them stay?? (Hoping they can improve their plan/system).

Spurs vs Cavs in NBA final. DYK: Cavs did win both games against Spurs this season. Can Cavs stunt the world and win title?

So at IB commish unbundled are: < = 300,000 shs a month rate of $.0035 That's good. Would expect a higher rate if trader is not trading at least 1000 shs a trade??

Jeff Macke: he rocks!!!!! Pete Najarian: new guy not so good.

I do agree with Mr. OptionCoach: passing the series 7 test is a moot point between retail and prop. If you have college degree this is just another test to study for and pass. So Don, are you saying CAN NOT trade with Bright (even open an account) until you pass exam?? So trader...

Mr. OptionCoach WOW!!!! That's the whole point RETAIL trader has lower commish cost. If RETAIL commish cost($500) PROP commish cost($1000). If both have profits of $2000 then less commish cost RETAIL guy netted more money end of month. Retail guy makes $1500 vs PROP guy $1000.

Mr. deviltrader is correct main advantage of PROP is additional leverage or more capital to trade with. ((This assume that the PROP firm you chose is 100% safe: you will get deposit $ back and as least profits paid to trader at end of month.)) Now COMMISSION amounts. PROP or RETAIL...

Mr. executioner is exactly right no doubt about it. Trader should not sign agreement or should demand payout be twice a month 15 and 31 plenty of time for firm to write check. Is trader has no profits at that time no money can be taken out. Terrible to wait until 20th of next month for...

Nothing wrong with ONCE A MONTH PAYOUT if trader agreed to it in their contract. What seem unfair to me (hey it just me) but once June ends trader does not get HIS profits for June until say July 20. The deposit amount of say $25k always stays in his account always until trader leaves...

Mr. optioncoach you are posting STRONG but WRONG my man. You said "Plenty of firms payout weekly". WRONG!!! To be correct to everyone reading this thread "Prop vs Retail" a few firms pay weekly or (like a job) twice a month. MOST prop firms payout monthly. CORRECT!!!! Nothing wrong...

Michael Vick's new THEME SONG: Who let the dog's out WOOF....................................WOOF WOOF !!!!!!!!!!!!! Hey Who let the dog's out WOOF......................................WOOF WOOF !!!!!!!!!!!!! One more time. Who let the dog's out...

Its unfortunate one has to be at ECHO a certain period of time before he can get increased leverage. I wonder what the time frame is? :confused:

Yes Don you are right, once a week payout GREAT. One should be able to survive that long. However, some of these Prop firms seem to treat traders bad and do not allow trader fairly quick payouts on his own money. Its the traders money, he made it, Prop firm should be glad trader made...

So at ECHO one must ask/plead/beg to get increased leverage.

Nice to know at least one Prop firm has a weekly payout plan. It seems that many of these ($5000 down deposit Prop firm) do have only monthly payout schedules. A Prop firm was so proud said: "we have never missed a scheduled payout" or something like "our traders have always been paid"...

What the HELL is wrong with D. Pistons. They looked sooooo good first two rounds and this entire series they look slow and old. Cleveland is not a good team at all. It seems Cleveland has a greater desire to win?????? Dude just called in and whent off on D. Pistons coach Flip Sanders for...

Possible benefits from retail: 1. No $200 month desk fee charged to your account. 2. Payout whenever you want. No one month wait time.

It appears that some of your friends at ECHO are not getting as good a deal as you. You must have put up "more deposit" and therefore got better commish rate and higher leverage deal than some of your friends.

This portfolio margin rule should be say 5:1 for any trader depositing 100k or more. The broker could use a higher risk management account for this investor. And the broker would increase their profits by more commish: thereby providing this investor with more capital to trade with. A win/win...

If ECHO trade has low leverage such as 2:1 over night(which you can get at any broker) and just 10:1 interday why would anyone stay there? Possible great commission rates say .004 ?