Is there any good prop firm for new traders?

Bright trading and T3 are the only firms left that I would do business with. The business is really just about done. If you don't have a 100k to get portfolio margin at a standard brokerage firm like IB, I really don't think you should be trading anyway. And if you have that kind of money what do you need a prop firm for? Prop firms are for broke ass traders that are under capitalized, period. You pay higher rates in exchange for leverage that you probably can't handle. Who needs that? Stick with IB.
 
EverythingIhad said:
Bright trading and T3 are the only firms left that I would do business with. The business is really just about done. If you don't have a 100k to get portfolio margin at a standard brokerage firm like IB, I really don't think you should be trading anyway. And if you have that kind of money what do you need a prop firm for? Prop firms are for broke ass traders that are under capitalized, period. You pay higher rates in exchange for leverage that you probably can't handle. Who needs that? Stick with IB.
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Do you know any prop firms would train new traders for free or at low cost? Everywhere else would charge $5000 USD for the course. Did you take training with T3 or where else? TIA
 
EverythingIhad said:
Bright trading and T3 are the only firms left that I would do business with. The business is really just about done. If you don't have a 100k to get portfolio margin at a standard brokerage firm like IB, I really don't think you should be trading anyway. And if you have that kind of money what do you need a prop firm for? Prop firms are for broke ass traders that are under capitalized, period. You pay higher rates in exchange for leverage that you probably can't handle. Who needs that? Stick with IB.
More...

You have no idea wtf you're talking about...
 
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