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    Deal for New trader

    A handful of Zangers who are profitably year in and year out? There will always be those who are a product of randomness, and others, who have proven consistency, that are a product of skill. I guess the real question isn't what MY edge is, but is there ANY edge at all? Does an edge exist? I...
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    Deal for New trader

    I don't think you are being hard at all, its a good question. But I don't think i quite follow. There are plenty of good traders out there. I know Zanger is supposed to be doing well. What is their edge, besides following charts and cutting losses?
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    Deal for New trader

    You would have to close out your positions at the close. Can swing daily or intraday, not necissarily scalping for pennies, definitely not on the deal i have. Also, once everybody has a bot, wouldn't the bots lose their edge? Giving the edge back to real traders?
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    Deal for New trader

    Do you mean scalping? Or trading stocks period? If its over, whats everone here at ET doing? What about swing, which is more what I am doing. Just curious, thanks.
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    Deal for New trader

    What do you mean?
  6. P

    Deal for New trader

    Ok the firm is Echo and payout is 90% for option 1, 99% for option 2. Again, i know there are better deals out there, probably always will be, but as a beginner, the most important thing to me right now is learning the craft, so as long as the deal isn't TOO bad, I am ok with it. So, is it...
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    Deal for New trader

    jtnet, So i guess you would consider mine middle of the pack? Thats ok for me I guess. A "really good deal" isn't the most important thing to me right now, since I am just beginning, as long as I'm not being ripped off. Which I doubt they would since they are reputable. After I become more...
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    Deal for New trader

    Again, guys, I know the first deal is better for a beginner. I guess I worded my question wrong, I wasn't actually asking which of the two I should take. Both these deals are from the same firm offering me a choice. My question was how these deals stack up against the "norm", or other firms...
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    Deal for New trader

    I agree, especially if i chose the $440 option, which I wont at first. However I was just wondering if this type of deal was common/comparable with other firms, or just normal deals for a new trader. Is it a good, bad or just standard deal?
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    Deal for New trader

    And to clarify, I am not asking which one of the two I should take. I am wondering if either of them is fair compared to other deals from different firms in my same situation. As for the two deals, I would definitely take the first deal at first until my volume is higher. Thanks.
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    Deal for New trader

    What is a good deal for a NEW trader? I have not traded prop before and this is the deal a reputable firm gave me, is it fair? A choice of 0.007 cents $2500 deposit $65/month data feed/software 90% payout OR 0.005 cents $5000 deposit $440/month data feed/software 99% payout...
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    Which prop firm should I join?

    I am looking for a good, reputable prop firm with a good training program. I have sent out my resume to a bunch and so far Avatar Trading has called back. Before I accept I would like to hear your opinion of this firm, and if it isn't good, what are some good ones? Thanks.
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