Keystone Trading - SCAM or not?

UDon'tKnowMe · Jul 21, 2008

What is your payout percentage?

baggerlord · Jul 21, 2008

50%, sterling pro, $150 a month software fee, waived first 3 months, no other fees.

cmf1994 · Jul 21, 2008

Can you trade part-time with them-2 full days, open/close on the other three?

baggerlord · Jul 21, 2008

You will be best off asking them specific questions like that. I could only guess.

UDon'tKnowMe · Jul 21, 2008

So it is basicaly the Title Trade model, same thing.

Bogan7 · Jul 21, 2008

Quote from baggerlord:

I'm with keystone for about 2 months now. I really like it. They are doing a great job training me and I am finally net positive.

I hope the training they are giving you consists of strategies beyond simple scalping otherwise I would say for the price it is not a good deal.

baggerlord · Jul 22, 2008

Yeah we hold for big intraday moves too. IMO anything that turns a loser into a winner is well worth 4k, not to mention it gives you a trading account on top of it.

To each his own of course. If you already are a good trader I'm sure there are better options.

BTW please stop PM ing me with questions everyone, if you want to know specifics about training or what you can trade etc ask them. I don't speak for them I am just one of their traders...

Bighead255 · Jul 25, 2008

the platinum program lets you keep 90% commission is a bit more nut w3ell worth it and their system works

jeb9999 · Jul 25, 2008

Quote from Bighead255:

the platinum program lets you keep 90% commission is a bit more nut w3ell worth it and their system works

If their system works then why don't they just trade their own money? Why would a firm with a working system give away 90% of the profits?

They must be the biggest philanthropists Wall Street has ever seen.

taclander · Jul 25, 2008

Well, the Brights teach you methods they use, all the firms that hire on the futures and equity side teach their traders how to trade and what to trade, and from what I gather you work as a slave at quite a few of those until you show you are good enough. The answer would be that they make more money by having people working for them trading. They get a cut of profits. My question would be is there a contract and for how long? At some point aI imagine people pack up and go trade for themselves with their knowledge.