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keystone trading group
- Thread starter bonds
- Start date
Why don't you try reading the post again.... I said they are honest but it's impossible to make money there. I don't know how that is endorsing them. You DO get what you sign up for, but what you sign up for makes it very very difficult to make money.
If you go to a buy a watch and the guy tells you he's charging you double the value of the real watch and you buy it anyway he was honest. You're just a retard for not doing your homework and finding out the deal sucks.
If you go to a buy a watch and the guy tells you he's charging you double the value of the real watch and you buy it anyway he was honest. You're just a retard for not doing your homework and finding out the deal sucks.
Searay123: Is your training online or on site?
Any traders working for keystone online - after training and proving that they can trade well on simulator.
Any traders working for keystone online - after training and proving that they can trade well on simulator.
It is 5k for the training for a chance to join their prop firm. Not 1500.
Quote from hippietrader:
It is 5k for the training for a chance to join their prop firm. Not 1500.
I have an issue with this quote.
It is up to you to follow the rules and trade properly.I'm sure they would be happy having more people succeed than fail, the commissions are low 1.25/1000 (80/20) and 0.2/1000 (50/50) for the scalper program so it is in their best interest to have profitable traders.
The fact that 90% of "traders" blow up their account due to poor discipline is probably why they have their gig setup the way it is - but they're not the ones who will decide if you make it or not, it is your P&L, and you're the only person that has any sort of influence on that...Not the mentors, not the market - it's your decisions and your decisions only that make a difference.
90% of people who attempt to trade have either an ego,no knowledge, overinflated expectations, no plan, no edge and won't listen to sound advice in order to put the puzzle together.
And a final word before I get off the board for the next couple weeks: most people spend 20-50-100+K going to school and get out of school to make 35K - 50K a year spending years just to cover their debt....or can't even get a job in today's economy.
I'd rather risk $5K and have the potential to make that back in a single week once (notice I'm not saying "if") I get to the proper share size.
Amen.
This is not 5k to protect the firm against trading loss.
The 5k fee is gone even if the trader never lose any of the firm's capital.
Big difference.
The 5k fee is gone even if the trader never lose any of the firm's capital.
Big difference.
Barts are you on their payroll or something. Are you seriously comparing a college education to taking some BS training course. The course is a joke. The stocks traded are a joke.
The lecturer trades for rebates and a big move is ten cents. I'd be suprised if anyone in that firm makes more than 1000 dollars a day, including the guys that run the place.
Any shop that focuses on "Teaching" and "Trader Workshops" has guys that can't trade running it. If they could trade and make REAL money they wouldn't be wasting their time teaching guys over and over to trade 100 shares of stocks that don't move and taking 5k deposits. It would be one thing if they taught after the close but the fact that the suppossed owners are in chat rooms all day shows how bogus it is. I sampled one of their seminars and they were trading stocks with 15 cents ranges on 50 million shares. Talking about routing orders for rebate. Any trader worth their salt doesn't trade UYG for 2 cent moves with 1000 shares, maybe with 100,000 would make sense, but not 1000 shares. If you are truly a good trader it's not worth your time to be nickeling and diming college grads for 5k a piece. You would be out actually trading and making real money.
Besides, isn't it illegal to put down a deposit with no license?
I would never trade anywhere run by traders where the head guys couldn't show me atleast consistent 6 digit months..... And there's no way that these guys make that much in a year off of actual trading.
Amen to That CUZ IT"S THE TRUTH
The lecturer trades for rebates and a big move is ten cents. I'd be suprised if anyone in that firm makes more than 1000 dollars a day, including the guys that run the place.
Any shop that focuses on "Teaching" and "Trader Workshops" has guys that can't trade running it. If they could trade and make REAL money they wouldn't be wasting their time teaching guys over and over to trade 100 shares of stocks that don't move and taking 5k deposits. It would be one thing if they taught after the close but the fact that the suppossed owners are in chat rooms all day shows how bogus it is. I sampled one of their seminars and they were trading stocks with 15 cents ranges on 50 million shares. Talking about routing orders for rebate. Any trader worth their salt doesn't trade UYG for 2 cent moves with 1000 shares, maybe with 100,000 would make sense, but not 1000 shares. If you are truly a good trader it's not worth your time to be nickeling and diming college grads for 5k a piece. You would be out actually trading and making real money.
Besides, isn't it illegal to put down a deposit with no license?
I would never trade anywhere run by traders where the head guys couldn't show me atleast consistent 6 digit months..... And there's no way that these guys make that much in a year off of actual trading.
Amen to That CUZ IT"S THE TRUTH
Honestly, I think I learned quite a bit from the class, and I think you guys have preconcieved opinions about the firm.
6 months from now I will know if you are right about whether the firm is legit or not, so far I think it is and to be honest I am cheap, and won't throw money after something half assed.
As far as teaching to trade for rebates, you were probably watching one of the programs, and they do in fact do that as well.
It's not for me, I'd rather be less active and get into a few movers and get 50c to a dollar on a move, and that is really not that uncommon these days...and they also have a program for that...and why the hell would they give a newb GS or POT or CME?????That would be better....so he can get blown up really quick....
They focus on educating on small stocks, so you can progressively get more leverage and you will have access to high priced volatile stocks AS YOU GET BETTER.
Seems like everyone just wants to run before they can even walk...WTF??
This made sense before I took the class, I have watched a friend of mine blow through 30K trading because he had no structure - and he's now broke...and he wanted to make a killing...lol
I don't have to make a killing right away, their program suits me well and I am happy with it so far.
You guys keep knocking the firm, that's your right unless you start coming with ficticious stuff...and that's what ticks me off.
I'm not saying they're the best out there, they're the best I could find.I may be a moron, but I am at least a happy moron...and if you check my past posts I was looking for a prop firm - so no I'm not on their payroll.
6 months from now I will know if you are right about whether the firm is legit or not, so far I think it is and to be honest I am cheap, and won't throw money after something half assed.
As far as teaching to trade for rebates, you were probably watching one of the programs, and they do in fact do that as well.
It's not for me, I'd rather be less active and get into a few movers and get 50c to a dollar on a move, and that is really not that uncommon these days...and they also have a program for that...and why the hell would they give a newb GS or POT or CME?????That would be better....so he can get blown up really quick....
They focus on educating on small stocks, so you can progressively get more leverage and you will have access to high priced volatile stocks AS YOU GET BETTER.
Seems like everyone just wants to run before they can even walk...WTF??
This made sense before I took the class, I have watched a friend of mine blow through 30K trading because he had no structure - and he's now broke...and he wanted to make a killing...lol
I don't have to make a killing right away, their program suits me well and I am happy with it so far.
You guys keep knocking the firm, that's your right unless you start coming with ficticious stuff...and that's what ticks me off.
I'm not saying they're the best out there, they're the best I could find.I may be a moron, but I am at least a happy moron...and if you check my past posts I was looking for a prop firm - so no I'm not on their payroll.