Best Prop Firm At This Point In Time

mdl060374 · Aug 1, 2005

I traded both at echotrade, but you need 2 separate accounts. you cant co-mingle them.

tdoc · Aug 3, 2005

Quote from mdl060374:

I traded both at echotrade, but you need 2 separate accounts. you cant co-mingle them.

Hi,

Actually, you can't trade futures at Echotrade any longer. I believe they will make it available again in the future because of the acquisition of Pax Clearing by Merrill Lynch. Echo traders are supposed to be given access to Merrill's Pro platform soon.

Tom

Moreagr · Aug 4, 2005

can you short stocks at prop firms??? and do you pay for the leverage?? like i would on a margin account.. thanks

heavy · Aug 4, 2005

"can you short stocks at prop firms"

Are you serious, or did I miss a joke somewhere in the last 30 pages or so?

areyoukidding? · Aug 4, 2005

yeah the whole thread is inane at best.

upordown · Aug 4, 2005

Quote from r-in:

Does DE Trading have a web site to look at what they offer?
Thanks

http://www.itgtrading.com/

bdon · Aug 5, 2005

Quote from Moreagr:

can you short stocks at prop firms??? and do you pay for the leverage?? like i would on a margin account.. thanks

Ah the satire.

Moreagr · Aug 6, 2005

Quote from heavy:

"can you short stocks at prop firms"

Are you serious, or did I miss a joke somewhere in the last 30 pages or so?

yes i am

i really dont know. care to enlighten me because i am not certian at the moment.

Babak · Aug 6, 2005

Quote from Don Bright:

The "hedge fund manager" that I speak of is the guy who, for whatever reason, gets a few bucks from "investors" - and uses that to trade with...they tend to "legitimize" the borrowing of other people's money by calling their venture a "hedge fund." The better traders, for the most part, don't want to give away a big chunk of their profits.

Don,

Quick! There's no moment to lose! Tell Steve Cohen, Shaw, and all those other idiots that they are 'giving away' their profits. After that, set up a tent on Wall Street and begin your crusade to educate the bumbling horde of idiots who leave high paying jobs each year to start these shady things called 'hedge funds'. Please Don ... only you can help them. They need your wisdom.

Hydroblunt · Aug 6, 2005

Quote from Babak:

Don,

Quick! There's no moment to lose! Tell Steve Cohen, Shaw, and all those other idiots that they are 'giving away' their profits. After that, set up a tent on Wall Street and begin your crusade to educate the bumbling horde of idiots who leave high paying jobs each year to start these shady things called 'hedge funds'. Please Don ... only you can help them. They need your wisdom.

Steve Cohen and type take a HUGE chunk of their profits comparing to the industry. They require high capital to operate and also use leverage. Their operations are complex and way above an average mom & pop hedge fund. Steve Cohen's operation cannot be replicated if he was to just trade for himself, hence he needs disposable capital from a few select investors to pay for salaries and "special" privilieges such as first call. To get into his fund, you have to be exclusive unlike the average mom & pop hedge that will take anyone so that they can leech money.

Learn the difference between real hedge funds that have been in operation since 1980s and the latest trends of maggot wanna be hedge funds. Try to guess which are more numerous at the moment.