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Tell me of any prop firm that gives lousy executions on direct access platforms? There is no reason to ask this question... I assume you work for them at jumping at me for asking the commissions, then insulting me.

Asking the cost of doing business is the wrong question? If that's how you feel about it I assume you work for them and the fees are high.

What are the commissions like?

6 figure traders at WTS? Scalpers? LOL?

It cracks me up when people think they are being "interviewed" by these deposit prop firms. The fact is that you will be "hired" as long as you give them a deposit, the "interview" proccess is just to make you feel special.

Do they make any money?

So, what are the prop firms who were trading only C move on to?

Many prop firms rely only on C for their traders to make volume, anyone have ideas on what they will do after the split and volume is gone?

The interview is just to make you feel special, they do not reject anyone with a deposit. Don't waste your time if it's such a long commute, and do it over the phone.

With your volume you can find firms that charge $1 per thousand, the other fees are normal. I would just tell the firm you want $1 per thousand or you will leave.

The only way to get real time news is through a streaming raw feed like Newsware or News Edge. Briefing, Fly, Tradethenews, DJ, Bloomberg use these streaming services as the source for redistribuiting the news after it comes out. If you don't want to read through every headline and just get the...

Never thought of that, thanks.

Never heard of a prop firm that won't even interview experienced traders, obviously if someone traded for 5 or 13 years some of those years had to be good. Anyway, since they are backing you, the only thing you have to lose is time and you will get free training and experience out of it on their...

Are you paying any money for this training position?

I can answer some of your questions about WTS but keep in mind this is just how it was when I was there until January... Max daily stop loss is $40 when you start, then $100 after being profitable 3 days in a row. After that it goes to $200, $400, $600 etc., if your total max loss in the...

When they got close to $1500 total loss they got fired, also for not doing enough volume. In my 3 months there I think 1 person got a check out of like 30 traders, maybe your the exception lol. I think they are good though for a new trader who wants to learn about scalping stocks for .01 and...

My group at WTS started with 20 people and within 3 months 1/2 quit and 1/2 were fired.

I went through WTS's program last year and it cost $1500.00.

I can guarantee you he is lying about only accepting 2% of applicants if they are taking a 5k deposit. If they don't take any deposit then that number may be legit. It's normal for these recruiters to make you feel special since they make a comm from your deposit.

.20 per thousand but the firm may ask you to do over 5 mil shares a month.