Search results

  1. A

    Pro gambler is breaking Jeopardy right now

    Nice approach. Start with the hard stuff first and go across the board, bet big on daily doubles and final jeopardy. Obviously knowing the answers and being fast on the buzzer is the main thing though. But he's able to do it all. He has a decent shot at Jennings record...
  2. A

    Should I join this prop firm or keep trading for myself?

    All good points. If a big deciding factor in moving is the better infrastructure and growth potential in multiple ways, what if I decided to stay as a retail trader and keep doing the same thing, get to a point where I've scaled my current edge to the max and stick to that, and the moment I...
  3. A

    Should I join this prop firm or keep trading for myself?

    1. Maybe 3-4x more? Probably not 10x but maybe on some very liquid names I could go huge. 2. Yes, several. 3. Yes. 4. Yes, I really don't need much more support for what I currently do other than scaling it up, but for my other ideas I probably would need the support/infrastructure if I were...
  4. A

    Should I join this prop firm or keep trading for myself?

    Yeah, good point. I've been getting ahead of myself here.
  5. A

    Should I join this prop firm or keep trading for myself?

    So it seems like from many of the responses, I should stick to the lone wolf route. I get it from the pure numbers perspective, which is probably the main factor right now. But what about the possible networking? Is there even networking when it comes to prop firms? Keep in mind I have zero...
  6. A

    Should I join this prop firm or keep trading for myself?

    Very good points. You highlighted my main concerns here.
  7. A

    Should I join this prop firm or keep trading for myself?

    I have but as far as I know they are mainly derivatives market makers. Very different than what I do. Also, I'm not a STEM person or an Ivy league grad so I don't think they'd be interested. If there are equity prop shops in Chicago still around (I heard Tower Hill is closed?) with no capital...
  8. A

    Should I join this prop firm or keep trading for myself?

    30 and single. I think NYC would be more fun, but yes rent will be a lot higher. I pay $1400/month for a 1 bedroom here and it's nice but I actually don't need much right now and I don't make the full use of it. In NYC the same type of place will likely be 2.5-3X the cost. But I can go for a...
  9. A

    Should I join this prop firm or keep trading for myself?

    I'm sorry, I should have added earlier that the payout increases depending on how much you make. $1 million (before the split) and it's 50% and $2 million and it's 60%. 60% is the max.
  10. A

    Should I join this prop firm or keep trading for myself?

    How about giving it a year? If I don't like it after a year I can just go back. I have enough money saved up for that. Part of me is on the fence but another part of me wants to see if it can be something more. Maybe it's just FOMO, I don't know.
  11. A

    Should I join this prop firm or keep trading for myself?

    Very solid points, although I have zero connections to people with lots of money besides talking to this one firm so starting a hedge fund (not to mention one where I'd just scalp stocks) probably isn't realistic right now. But your first question is exactly how I'm looking at it and trying to...
  12. A

    Should I join this prop firm or keep trading for myself?

    Yeah, the moment I start with them, I have to shut down my personal account.
  13. A

    Should I join this prop firm or keep trading for myself?

    Interesting points. And yeah I meant to make this a poll. Anyone know how I edit the original post to include that? Sorry, I usually lurk but I just made an account to ask this question. I'm an idiot with these forum tools still.
  14. A

    Should I join this prop firm or keep trading for myself?

    Yeah, it's possible. That's why I'm on the fence about this. I already visited them and the office is nice and they're great people, but who knows how it all goes down during trading hours. Their platform and technology is way better for sure (and you can backtest pretty much whatever you want &...
  15. A

    Should I join this prop firm or keep trading for myself?

    Already looked into them. They payout is higher but I really don't want to make any capital contribution.
  16. A

    Should I join this prop firm or keep trading for myself?

    They're in New York. Traders get $10-$20 million in buying power (compared to my $800k in buying power I'm working with currently). I can do a lot more with that kind of buying power, but they weren't clear on the max daily loss limit. They said they just increase it as you get more established...
  17. A

    Should I join this prop firm or keep trading for myself?

    Hi, I've been trading for myself for 5 years, and I'm thinking about joining up with a prop firm. In those 5 years I've made just over $500,000 total (before taxes). I struggled early on, but gradually improved and in the past year I made $190,000. I am very consistent now and I'd like to scale...
Back
Top