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$6/1000 comm???? WOW that's ridiculously expensive.

yea.. i guess that's their deal. 1.5k for training.. feels like probably one of the best decisions of my life as of this point. I came in with basically no knowledge and have done well with their strategies. I'm not going to tell you that everyone is having a jolly old time since I hear a few...

50/50; 60/40 if you earn over 10k/month net

Sterling and/or Lightspeed

I don't get charged the 0.9/1000.. maybe because i started as a new trader with them? I didn't put up my own stake and they started me on a very short leash before upping me. I honestly wouldn't know what it's like for a pro coming in, but that's what it is for me.

I've been working at Wtsprop for the past 3 months. I think the guys here are pretty solid. 0.2/1000 comm.

They start you off small ($40) and incrementally increase you with consistent profitable days. Starting off, you'll be trading 100 shares. Obviously not to make money but to see what decisions you're making on your trades and how effective you are at minimizing losses. My information from...

A combination of making spreads, using ecn's specifically designed for WTS traders, opening/closing strategies, dark pools, saving money by getting rebates, etc. You can trade your own style as long as you're profitable (obviously), but this approach is what they teach and has the most...

I know there are many remote traders but I'm not sure about any of the other stuff. I would suggest talking to one of the managers about it.

(apologies for any typos or awkward sentences in advance... i'm going to assume you get the gist of the post) I trade there now and the training program is above average to say the least. It's hard to say when not comparing to any other training program but I learned a ton and became...

Yea. I think I completely forgot about that... sorry for the mix up. I tried to give the best synopsis I could since most other threads didn't aggregate all the info for other prop firms in one post. To be clear, i don't work for them (yet) and am just trying to save up some money so I...

That's another thing I wouldn't know. I literally spat out everything I was told during that meeting in my OP.

Thanks. That does alleviate some of the concern I had. Sorry. I wouldn't know that - I tried to ask every question I could think of when I was there.

No mention of a series 7.

That makes sense - I'm not sure how many newbs they plan on getting - but apparently they have people coming over who are going to be putting up their own stake as well. I'm sure that's what the training is for an time in between before going live. I suppose $200 does sound more reckless that...

WTS has a new office in manhattan (11 broadway) and I had talked to one of the guys there about joining their firm as a new trader. I have very little experience in this but I've heard similar deals for prop firms. From what I was told so far, it seems like a pretty fair deal. So as a...

I'm looking for feedback on the offer I was given. I can understand people questioning the motivational factors I have since it seems like a lot of people get into this for the wrong reason. If you'd like to know, I'm interested because the market interests me. I haven't found an area in...

Thank you guys for the feedback. I understand that this is an enormous risk that I plan on taking and I really appreciate the advice I got from all of you. I definitely will mull this over some more and learn as much as I can before I dive into this. From what I understand there is a...

Glad you found it necessary to waste your time criticizing an amateur. I appreciate the attention.

No. I think they sponsor for the series 7 though.