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Mr. Maverick74.... You are funny ! It is Pineman, anyway, re-read my 2nd post in this thread that will help you answer some of the questions that you feel are so far fetched or hard to believe ! I started out at DH Blair, 44 Wall St. so making money wasn't new to me....like i...

Fully Agree.....now that Prop model of scalping is dead and the well is almost empty....let me see who else is left for them to con !

Excellent post, very much on point ! Thanks for speaking the truth unlike others !

Excellent post : Most don't realize why some Prop Firms would make you a partner.....guess who gets to deduct the losses from their taxes ? Sure as hell is not the trader, that loss is taken by the firm to off set gains, multiply that by 10 new speculators( traders) leaving !

Supersize ; Are you for real ( bookmark thread for new soon to be hotshot trader, will follow up with him ) ? Know the company, know the commissions and how their reputation, etc. again are you for real ? Have you ever heard about Refco, Enron, Tyco, etc. i guess "dishonest...

Hey it's the truth, think about it !

You are full of nonsense and lack any comprehension at all...what part you can't understand ? As if my story is so way off base that it is impossible what i am saying is true ! Again , I said that they are short on their promise of having a mentor, formal training program...

He' s clueless to my situation.... whether or not he believe that most of Props Firms are criminal is subjective, but he can't denied my experience of what i saw first hand. All this bogus talking about trading should be like the military is foolish....not every young person or middle age...

Couldn't really say... I am still friends with three of them ! The majority to me were clueless and didn't belong in such a place....I mean you had people there who knew nothing about " shorting " a stock. I saw both young and clueless and a a lot of middle age folks ! i THiNK AS LONG...

chewbacca: Amen to that...I fully agree.....to make a long story short, another fella, about 29 started before me...I called him about a month ago, still there....16 months didn't take home a check yet, i ask him if he's still on crack ? I feel it for these ppl....they are a bunch of...

Thanks to All... Especially Hydroblunt, Syswizard, and BraZILIANWONDER....AND THE CLUELESS Maverick74 To all the others...If all you can see is a free lunch and dressing code....then I am sorry for you ! Above all, Brazilianwonder, let me tell you the BS I went through, I first...

My Experience At A Prop Firm ! For about 2 years now I checked the Forums to see what is going on in the Prop Firm world....it seems that only new folks are asking questions regarding legit Prop firms if there is such a thing as Legit, I have yet to see one. I only wish folks would...

Yeah, I wanted to know if anyone there, new is making any money at all, also is the place run by professionals ?

Anyone work there ?

RE : PS, I was told that is not the case, but that is what I assumed that anyone with capital will be accepted to a Prop Firm , they need a few bodies to generate comm. for them ! BTW, how long did it take you to make real money ?

Any update on any new ECNs for FOREX ?

I am with Gain Capital, it is so so ,....the charting program is poor. The spreads are not the best. Also is there such a thing as ECNs for Forex ?

If you are looking at the open book, where your last print is a downtick at 60.42 , your b/o is showing 60.42 X 60.43 , now the offer in the open book is stepping down, how can this be called a short, when you can only short on a uptick ? How does downtick .42 plus .43 comes into play ?

Excellent question...what about learning about the specialist book, how to read about a short position and to get ahead of the order, also where can i get info on reading an open book ?

Don : where would you place Echo and Ptg Group in your above example ?