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Not a big forex guy but the point still stands :)

Very well put as well. This kinda goes back to what Don said in the beginning. It all depends on what type of strategy you have as a trader.

Just going out on a limb and saying if a trader doesn't understand the risk they take to either adding to or taking a large position in something... they won't last very long at all. The market is the ultimate teacher of risk. Every trader in "the game" should have kind of understanding of...

Very well put +1

Yeah, these figures make sense but, part of being a trader means understanding risk. I would hope traders don't dump all their cash into a play and hope for the best. Many odds should add up to making a trade. I personally don't use a very large account (50k) and I'm very happy with my...

Again, I could care less about any competition because I don't have a company to represent.... I'm a trader, not a prop. I will never personally say what company I am with hence, I can't be a shrill. In response about Michael... again, very nice guy... I'm sure if you send him an e-mail...

To your benefit, I will never announce the group I am with. I could care less about the competition because I have no horse in this race... I'm a trader, not a prop. But thank you for the insight. I will check out both services.

I believe Speedtrader uses a derivative of the DAS platform. They probably offer a web platform as well but Speedtrader is not a B/D....so they aren't my concern. I honestly don't know much about algo trading but I do know for a fact that T3 and SMB both offer traders the ability to use it...

I'm surprised you took out "I was with CTG in the past but now im with WTS." I hope it's too nobodys surprise that when you sign to CTG, you sign WTS's paper work... your deposit is with WTS, you clear and trade, wanna guess? Through WTS. I fail to see the reason to sign to a company like...

Thanks Evo, I'll give some of my insight of each point. 1 & 2.) I understand their may be certain fees with platforms and I know how you said some web based platforms can be 50-100 bucks a month but, traders don't join props to use web platforms... I have never ever seen a prop offer a web...

Hahahaha "interview." Trust me, CTG is full of nice people but, they're all money hungry for the wrong reason. Yeah, they provide a smooth running operation but, I can think of 10 other places that do the same and wont cost you nearly as much out-of-pocket monthly. Always read before you sign...

Affinity looks like an actual decent group. I actually had a conversation with Micheal on the phone a while back ago and he seemed like a very decent guy. They're very lenient with starting traders on good rates (.002 even) and even better when you take their training course. I dont think there...

Hey ET, So I have a friend from a trading chat room that I am a regular at forward me the e-mail for the new CTG pricing plan. The just of the plan is 99 bucks a month for Sterling Pro, Lightspeed, or Laser... or 49 bucks for Sterling Lite and free Fusion DMA (which is junk in my opinion)...

Most props will not offer you acces to anything on PINKS or most anything under a dollar...especially sub-penny. If you talking NSRS, you will need to stay retial. Not meaning to say you will never find a prop that will allow you to trade these BUT 1.) it will not be cost effective to you as a...

Classes you recommend? Please dont suggest any WTS (or CTG knock off), or TM Global class.... I expect better from ET

Hey ET, You guys probably got this questions a thousand times and I apologize for asking again. But, obviously, im in need of some tools for studying for the 56 I have to take (and preferably pass). Which books and/or services did you guys use to pass the 56? If you can ever go one step...

Or 56 now... -_-

Agreed. Most props even have a nice foundation for education as well.... check out T3 Trading, SMB Trading, Affinity Trading.... the list could go on but the bottom like in, they offer a good curriculum to newbies and even those with little experience. Better yet, they let you get hands on. You...

Getting into a prop firm isn't as hard as you think. This is partly because prop firms *drum roll* want your money. Will it help to network and have a good degree? Oh yes, 100% BUT, for the most part and I can't speak for all firms, the average Joe can get a job at a prop. Now, does this...