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Not completely 100% "their own business": trader must pay commish rate of Prop firm get payout when Prop firm can make it be confined by leverage limits and deposit payback weeks ?? months ?? after trader leaves. Prop model more similar to franchisee: where the franchisee MUST (say...

The main reason to pay traders on the 20th of NEXT month: 1. Prop firm wants to get all their fees/commish/extra charges against the trader first. 2. Prop firm is undercapitalized meaning firm does not have enough money to paid trader as soon as possible. Prop firm method is more...

Personally "Cash money six niner" wishing you the best of luck. I for one are pulling for you to hit it big time. Just keep us updated on your progress. Question: Will you be daytrading or swing trading this new account ??

Hey brownsfans there is also the web site worldpokertour.com. I know for sure it has a list of its tournaments around the U.S. Would be interesting to enter one or just visit if one of these tournaments happens to come to your part of the country.

Hey "Cash money six niner" question to you. From the 2 choices below: What "SIN" is the worst act that some of these Prop firms commit against their traders???? 1. Holding traders initial deposit for an entire year ??? 2. Not paying traders this months profits until the 20th of the next...

Cramer is amazing!!!!! Hell yes The one thing that does drive me crazy with Cramer is the fact that he bounces around about his buy and sell recommendations. One day buy apple two days latter sell. I see why people told him that: he was driving himself crazy everyday at his hedge fund. I...

Hey brownsfan019 one site I found is: cardplayer.com Just stumbled across it one day.

The 20:1 should be the minimum amount required. With $5k down at a beginner firm only gives trader $100k. With $50k down at a quality firm gives trader a mill. and then trader can earn a good living IF he's an "elitetrader".

This in my opinion is one the worst features of Prop firms: the holding of a traders deposit for a year. If trader enrolls puts up $50k and in three months blows out say $30k trader would need rest of that money to live on. Some posters complain about high commish but poor...

On Friday's July 20 show he did recommend taking profits before next weeks earnings reports. He probably doesn't want to get blame for people losing money on some of his picks. Such as Google. Cramer is amazing, his call for DOW 14,500 appears to be correct.

Hey Cash, Do you think trading the demo, which allows for more capital, has made you a more profitable trader?? Or is it too early to say.

Understand completely Mr. Verick. What good does it do to have a "million $s of capital" to invest/trade if trader does not have experience as stock market trader. Training, as to where to successfully deploy this "million $s of capital" if one is young or inexperienced as some traders...

It was interesting to hear Jim Cramer this last weekend being interview by big Tim Russert. Cramer talked about early in his trading career at his hedge fund he traded stocks for small gains such as .15 .25 .30 cent. I "watched the blips on the screen and tried to extract small profits out of...

What is the general timeframe before one is licensed and can start trading with Bright?

Mr. laeott: I have looked at TOS, its seems that they are customer friendly and most importantly they are currenting working on being one of the few firms that will have PM. In trading stocks at TOS did you chose flat rate or per share pricing???? I would go with the flat rate since I...

Question to Mr. brownsfan: at Pokerstars thought that playing for real money was outlawed by our great US government ??? Also hear something like QB Quinn was going to hold-out unless he got paid money as a top 10 pick ????

If you as a trader are worried about your deposit not being return(say the amount was $5,000) what does that tell you about the rest of how this Prop firm operates. Hopefully at least after two months of trading you will have earned that amount back and a lot more. The deposit is just one...

I thing what is desperately needed for the Prop Industry is a third party evaluation of some of the TOP Prop firms that actively recruit traders. Finding a list of Prop firms is not a problem but there is no really good forum that assesses both the strengths/weakness of each firm. In...

I remember this guy. He's the one who had the big short positions against all those overvalued TECH stocks in the late 90's. The market keep going against him until I guess he ran out of capital. It goes to prove the market can be irrational and overvalued a lot longer than a trader can...

In addition to avoiding shareholder lawsuits over this loss TP was embarrassed by his firm being scheme by these traders. Like one posters says TP wants to show confidence in his firm (IBKR). While this is embarrassing to (IBKR) that somehow traders were able to manipulate the system and...