Futures Prop. Firm in Chicago

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LAjungle

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I'm looking for a prop. firm that trades Futures. I always hear about stock ECN prop firms. I've briefly heard of futures firm, existing in Chicago.
 
Originally posted by LAjungle
I'm looking for a prop. firm that trades Futures. I always hear about stock ECN prop firms. I've briefly heard of futures firm, existing in Chicago.
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Try VanKar.
 
Any of you trade in futures Prop Firm? I'd like to hear some critiques and stories about them.

What do they usually trade? E-minis? Open out-cry? S&P? Currency? Bonds?

What trading platform do they use? What kind of quote service?

Do they require a minimum deposit? What's their pay-out like? Salary + % incentive? Incentive only?

Thanks in advance!
 
SOMEONE PLEASE TELL ME: since futures provides me more leverage than i am comfortable maximizing, what other reason could there be to trade with a prop futures firm?? thanks
 
"SOMEONE PLEASE TELL ME: since futures provides me more leverage than i am comfortable maximizing, what other reason could there be to trade with a prop futures firm?? thanks"


I don't think there's a reason for you to trade futures unless you want to. I'm comfortable with different markets and don't see leverage a problem. One thing I might say is low margin and no obligation to wait for an uptick rule when I go short. Maybe another reason might be that I can make money in the futures market, too. I think it depends on how you want to apply the futures market.
 
trend 456: i guess you misunderstood my question: i trade the emini ES CONTRACT from home. i use IB and trade 2-5 contracts. why would I even consider trading with aprop firm instead? i do not see any reason to but i was wondering if someone could put insight on the question
 
Now I know the question. i was assuming that you where trading equities. it's a common question those equity traders always ask. I would use prop firms to increase capital and trade other markets with different methods to reduce the equity swings and to increase the opportunity of the trade. I think there's other ways, too. Since I'm a trader who trades different time frames I need a reasonable amount of capital to trade to avoid myself from overtrading.

I didn't see the first part of the message.
 
Originally posted by larrybf
SOMEONE PLEASE TELL ME: since futures provides me more leverage than i am comfortable maximizing, what other reason could there be to trade with a prop futures firm?? thanks
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You trade their money and are not liable for any losses. In return you get a % of profits.
 
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