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I think ur conflating the issues here. Of course there is no risk here. As mentioned earlier it's essentially a call option for the cap allocator. But so what? If they're legit then the traders upside could be unlimited. The downside is minimal cuz you would be trading your own cap anyway--...

Any prop firm that charges for training is a scam. Period. Chances are you will NEVER pass the test, especially since they don't give u the criteria in advance. At least topsteptrader tells u what the criteria is, problem is its so stringent that you're set up for failure.

This. This is exactly what I do as well. I wouldn't put funds in anyone else's name except my own, even as an FLF. When I did my deal, my funds were in my name but used the cap allocators JBO or PB for the additional leverage. So while they didn't put their funds in my name, they did...

Totally. And the outfits could use some work too! Perhaps some cross-marketing with Hawaiin Tropic..

Yes it can be. But I always find you get what you pay for. Make no mistake, Cap Allocators are in this to make money off of you, same as prop guys. They just come at you from a different angle.

Thanks. Look, you gotta kiss a lot of frogs to find ur prince! Or in other parlance you gotta bang a lot of mediocre chicks to practice up for the hot ones, especially if you have a small johnson! Not that I would know LOL:D

Because true monitoring requires associated costs. Its essentially an audit. If you are looking for OPM (like the OP) then it is likely going to be a house account to receive the leverage. If you don't need the leverage (or the OPM) like in Mav's example of dealing with the scamsters, then...

Well I'll add my .02 here for what it's worth as I have gone both routes. Prop is great for day traders who have some cash to put up, and who don't want the added pressure of OPM or the day to day BS hassles of running a fund. Most methodologies are accepted, but the majority are day only...

Bump this offer... Looking for someone for fall term. If you're reading this here on Friday nite..... I want you!

Ha where was this review when I ordered the Hex??? Seriously this is a great stand and tremendous value, but the 12" deep thing I was unprepared for. Problem is I have a small desk, so the stand takes up most of it. And I do foresee the neck strain becoming an issue. Perhaps though my wife...

Yeah I saw that as well online, but thought it was for measurement sake rather than that it curves. If it does curve, that's a bonus. I just ordered the hex will let u know how it goes!

I'm looking at either getting 3 dual or 1 hex setup to use with 6 monitors. Roughly the same cost. Any thoughts on which way to go? Will be getting with the stand (not the attach to desktop) so was thinking maybe 3 duals take up too much room? Thoughts?

Why start a fund with only 400K? Offshore (and in BVI particularly) you just need to set up a management company. Pool funds, investment club, managed accounts, friends and family all fly down there.

They're no different than any other currenex white label, with the exception that their spreads might not be as good as some more established/institutional type players who do more volume and can thus command better pricing. The most important things for your style of trading are speed...

Hold treasuries, not cash in ur brokerage accounts.

They're just trying to hedge against a potential Romney victory. He has constantly vilified them as a currency manipulator-- which they are. The global imbalances that exist are because of the black hole that is China. Bernanke can't print dollars fast enough and lazy and cheap US consumers...

Please post a review if you get it. I'm about to order the 6 monitor one. reviews seem positive

For starters, i wouldn't leave Spain either so I don't blame you. Secondly, I have given far far too much money to lawyers just to scare the shit out of unscrupulous programmers I have dealt with in the past. Just for my peace of mind and attempts to teach them right from wrong. Though I...

I'm sure you are a great guy Joel and no disrespect is intended, but take a look at the " how to protect my strategies" thread. Nothing leaves my office-- ever.

I think the OP needs to define his terms. What does "better trader" mean? Who is the best trader out there? The one who makes the most money, or best risk-adjusted return? Highest sharpe ratio? Until you "know" what is that light at the end of the tunnel, you will constantly be running...