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Something I and others perhaps would like to know- what kind of numbers are you using to trade with- i think many of the traders here are undercapitalized, but that is just my personal opinion. So... the real question- what does it take....... NYCDT

I think that if it comes back up to 1.20, that may be a good entry point. There should be some psychological resistance there. NYCDT

Steve, I got stopped out of my trade at 24 but bought the bullet and got back in the game at 24. currently at 74/78

Steve, Keep an eye out for a quick 20-30 drop- news and market issues seem to (in my view) already have been accounted for in this two day rally. We are seeing the pair move horizontally now with little fluctuation (20-25 pips), waiting to break out of this channel- people just don't...

I am currently short EUR/USD at 2005- I think we went pretty far too fast. At a minimum, I am looking to see a slight sell off to the 1920-60 range. I have my SL set at 2024 and will start selling off my position as we hit 80, 70 60 50, then leaving a quarter to run wild. I would highly...

Let me be clear- I am interested in what the costs would be to opening up a prop firm, 10 people (you choose the variables and give me a number). There are plenty of prop firm listings on this site, lets keep this one to start up costs so we all can see what firms really put into their...

Ok everyone- seems like prop firms are a dime a dozen and what one firm has over another is their people- some charge a little more per trade, etc.... yes yes (some even salary!). These people can train new people to earn money in profits for the firm, in addition to the revenue generated by...

Yeah, it seems Tbomb and I are both looking into firms that cater more to ENTRY level candidates.

Actually, I would also love to hear about ETG- unfotunately I am currently in Charleston, SC .... meaning that I am pretty far from any trading firms (anyone else in the area?)- ETG is based in Atlanta, which I would heavily consider...... need to know more than I can get off their web...

Trade off, under 18 is not unreasonable for tonight and tomorrow. As you said, 1.13 is a stretch (and I also second that I don't see that happening anytime soon... but what do we know?).

Selling strength- I am shorting EUR on spikes, counting on it going under 18 tonight/monday. I am still not sure about medium to long term, however, pricing long term more in 1.21 area. NYCDT

I am all for the firm capital route- I hadn't heard of this firm before, but would love to hear more once you see more/decide. I am a year out of school, so capital contribution isn't something that I am really considering- I think these firms will do well being able to put up the $ and...

May I ask which firm? PM me if you'd like

No bad intentions- I am more interested in learning how you operate and answer some questions that others would like to hear as well. Obviously we are all interested in making sure you are a solid business (and that you are here to stay)- without a fuzzy feeling, you won't be getting many...

Something that stock trading firms do that prop firms apparently do not is pass on the rebates to the traders. I am still fairly new to fx, and I would question whether or not a high volume trader (one that would consider prop trading) would be able to get this rebate trading on their own...

I risked a trade that I saw more opportunity in. The Asian session is coming in to play and I am interested in seeing if they will carry the upward movement or whether they will stall it. As I said before, with the great spike up, I saw a chance of a dip around 40-60. I am currently long...

Highly bought up condition here- if the Fed doesn't express all that the market has already priced in (and even possibly more), we could see a substantial fall. I think that the risk/reward is better to short, rather than long. We have seen a lot of upward movement to current level of 75/80-...

I always trade with a SL, simply because I do not want to get injured by a sudden move.... we all know what that is, as shown today. I am trading with the SL at -2% of my capital, simply because I usually do not hold over night or weekends (I have never risked more than 7% of my capital). I...

Yes, the 1.20 is a key level and if the market can pop it (and not get shot to hell, like today, back in sub 20), then I think it will remain there for the short term. I, on the other hand, believe that the EUR appreciation to $ moved too quickly too fast, and we will see a downward movement...

Very interesting dirt NYCDT