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Agree and disagree with this statement FuturesTrader71. Firms such as GHCO make huge amounts of money financing mediocre traders who do decent amounts of round turns per day and on an after cost basis generally break even at worst and make small amounts at best. A trader such as this could...

This is a topic that has been debated over and over on ET and all the posts I have read previously have advised against signing on these terms. I know people who have been sued for leaving the firm and trying to get out of the contract. Whether the contract is legal or not becomes irrelevant...

Just to check that all the banks back office records/ accounting are correct every day. Accounting procedure. If daily marking to market/model is made automatically, how would product control verify the derivative parameter and valuation? :confused: PC need to basically make sure that...

So Boblman this isn't an insult???? Only "Lame Traders" have a problem with GH?? Ok. Yes people do sign the contract and so you could say that it's their own fault but, at the risk of repeating others opinions in the million and one threads already dedicated to this subject, those individuals...

Boblman is implying the only traders to dislike GHCO are poor traders and ungrateful traders! Either you're ill informed or imensely disillusioned as to the true nature of peoples genuine grievances. Suggest you try reading the numerous previous posts that GHCO haven't censured or get your...

I've just checked ET for some new threads with regard to GHCO after I'd received emails about them only to discover that three different threads have been deleted, presumably at the request of GHCO. Threads were "GHCO closes its doors", "ghco facts revealed" and "Chris Hehmeyer" all posted...

Absolutely, completely, utterly, correct!