Consistent group of 10-15 traders looking for a better deal

[WinstonTJ]

Quote from Tradeindia:

1 losing day a month for some of you, and no losing days for months for others sounds very fishy

If you were to take the other side of my trades you would probably have a similar track record!

 

[ScottSam]

0 commish ... let me in on that LOL

at 15M a month that's a cum-in-my-pants deal

BUT, there's no way.

 

[TIKITRADER]

Quote from gaj:

but don't even remotely say you're "very consistent" if you've been trading well for less than a year in a market that has gone up 80%.

Clark Kent had a phone booth . . . traders have ET

 

[Swan Noir]

Where do posts like this come from? I have never traded prop nor do i know very much about where the break points are that make for a deal being a good one or a bad one. Yet, simply based on the numbers the OP provides, it is clear that he is seeking a deal that leaves the firm with risk and virtually no possibility or reward.

Certainly no possibility of a significant profit at month's end.

Is it possible that a group of adults can possibly sit around after a days work and decide they want to "go public" and advertise their desire to jump ship for a deal that is and will forever be nonexistent. How hard is it for their current firm to figure out who this group is? Considering that he lays out where they came from (as a group), what the payout is and the software they currently use ... I'm going to guess not so hard.

Here is a group of guys who trade for a living that are exposing themselves to the downside of discovery by their current firm without any realistic expectation of doing much if any better at a new house. What am I missing in this equation?

 

[Anaconda]

Quote from Swan Noir:

What am I missing in this equation?

A crack-pipe

 

[ScottSam]

Quote from Anaconda:

A crack-pipe

 

[quicktrader12]

I think i can beat that deal.

110% payout and I will pay you commission .005 on your trades. Oh and i will take 100% of loses.

Not.

Quote from aalluubbaa:

We are a group of traders who all trade individually. We were former Switftrade collegues and decided to move out in the summer of 2008. Most of us trade between 40k shares to 100k shares a day. We are very consistent. Most of us have 1 losing day the most every month and the loss is really litte(usually less than 100.) A lot of us havent lost a day for several months. We are far from super traders so most of us make around 8 to 10k a month(our top guy makes over 30k easily)

Here is our current deal:
Commission: 0 plus ecn passthrough
Payout: 90%
BP: Most of us have around 1 million to 3 million
Software: Sterling Pro.

I would not say the name of the prop firm we are currently working with but that is the deal we have right now. I'm looking for a better deal, perhaps higher payout( something like 97% since the firm still has to make money.) I'm also really tired of Sterling Pro which is a piece of shit software. Those are the two reasons that we want to switch. So if anyone who works in a LEGIT prop firm thinks they can offer a better deal. Please email me. tHANKS~!

ps. IF YOU CHARGE MORE COMMISSION THAN 0, WE ARE NOT INTERESTED.

 

[Clubber Lang]

Quote from aalluubbaa:

Here is our current deal:
Commission: 0 plus ecn passthrough
Payout: 90%
BP: Most of us have around 1 million to 3 million
Software: Sterling Pro.

HAHAHAHAHAHAHAHAHAHAHAHAHA

Hahahahahahahahahahahahahahahahaha

 

[Swan Noir]

Quote from Anaconda:

A crack-pipe

Thanks for the definitive answer.

 

[mockney]

Quote from aalluubbaa:

So if anyone who works in a LEGIT prop firm thinks they can offer a better deal. Please email me. tHANKS~!

ps. IF YOU CHARGE MORE COMMISSION THAN 0, WE ARE NOT INTERESTED.

the question is, are you a legit prop trader with the deal you say you are on. according to your past posts, you were a rank newb who had burned his $5k deposit not such a long time ago...