There maybe a firm or two on there that has gone under but all the good firms still around are on that list. If you want specific names or recommendations, I can provide them.
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Bright Trading's new payout model
- Thread starter Maverick74
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There maybe a firm or two on there that has gone under but all the good firms still around are on that list. If you want specific names or recommendations, I can provide them.
Quote from tradingjournals:
Could you PM me your list? Thanks.
You attacked me on another thread and now you as asking me for favors? Look, first things first. Cool it with the attacks. You don't know who posts on this message board. Some of these people might just be able to help you out sometime down the road. You might be going off on a guy that ends up owning a firm you want to trade with. That would suck now wouldn't it?
Aside from that, sure I can give you names. I rather post them so others can see them as well. If you tell me a little bit more about what you are looking for, it would help. Like I said, there are probably 40 or 50 in Chicago alone.
I am curious as to what kind of applicants do those Chicago prop firms (true prop) hire? To have a realistic chance do the applicants have to be quants or have MBAs from Northwestern or Wharton?
Quote from Maverick74:
You attacked me on another thread and now you as asking me for favors? Look, first things first. Cool it with the attacks. You don't know who posts on this message board. Some of these people might just be able to help you out sometime down the road. You might be going off on a guy that ends up owning a firm you want to trade with. That would suck now wouldn't it?
Aside from that, sure I can give you names. I rather post them so others can see them as well. If you tell me a little bit more about what you are looking for, it would help. Like I said, there are probably 40 or 50 in Chicago alone.
I did not attack you, I pointed out something that is not correct in your post. In addition, I am not asking you for a favor. You made an offer in public, and I was trying to give you a reason to post what you wanted to post, so you can include a link to your desired site. I bet that people understand the angles of your posts.
Nowadays if someone wants something, they just make a search on a search engine, and all those with services come up, even with their ads that cost them if one clicks on them.
What is hard in the new economies is to find the customer, and not the seller of the service. My question was posed from the customer angle, not from the seller angle. Who should thank who? Got it? You seem to be still thinking like it is 30 years ago.
No angle here. Good luck with your search.Quote from tradingjournals:
I did not attack you, I pointed out something that is not correct in your post. In addition, I am not asking you for a favor. You made an offer in public, and I was trying to give you a reason to post what you wanted to post, so you can include a link to your desired site. I bet that people understand the angles of your posts.
Nowadays if someone wants something, they just make a search on a search engine, and all those with services come up, even with their ads that cost them if one clicks on them.
What is hard in the new economies is to find the customer, and not the seller of the service. My question was posed from the customer angle, not from the seller angle. Who should thank who? Got it? You seem to be still thinking like it is 30 years ago.
regulation is pointless, traders always find a way.
Quote from CQNC:
i believe there exists a golden opportunity to partner with the major brokerages and banks within the prop industry to create a new format of prop firm under the cbsx model that functions more as a hedge fund than this fragmented mess that exists since the assent model.
anyone else who agrees can pm me, as i will be spending quite a lot of time on this the next few months and contributing to these threads often, good, bad, or otherwise.
Quote from Sun Light:
Let me try to understand this 80/20 better.
We are talking about the 1st account only. Letâs leave JVC out of it for now.
If I deposit 20k with BT .
Scene 1: 1st month, I made 10K profit. Does BT get to keep 2K profit? (immediately or eventually)?
Scene 2: 1st month, If I make a loss of 10K. Does BT absorb 2K loss?
What is it? 100% traders capital, Zero % BTâs loss or 20% BTâs profit?
Then it should be called 80-0-20. Yeah...I still think... "they got you by the balls"
How about this scenario in the 80/20 payout model:
Month 1: Trader loses 5k, hence the 20k capital contribution lowers to 15k (5k loss to the trader, zero loss to Bright)
Month 2: Trader MAKES 5k, hence the capital back to original 20k
Does Bright get the carry forward of 20% of the 5k made in Month 2, or does the trader make 100% and only splits the 80/20 AFTER being up net positive above the original capital contribution?
Thanks for input/response.
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