Looking for FUNDING/only serious/split profits

Originally posted by mrktwiz


If I'm being to naive please don't hesitate to let me know...
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Excuse me, but you're being naiive. Like a cheerleader on a pirate ship.
 
Originally posted by Cesko
My ex was a banana trader too. Good thing with banana futures is that you can combine position, swing and day trading styles at the same time.
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Swing from the trees, that is :D
 
Originally posted by jsk2424
Is this board full of 16 year old's? Has anyone here ever really dealt with true professional traders or pure "prop" rooms?

I have witnessed many very consistent, profitable traders that have at some point not been able to continue trading and need additional backing. It could be because they blow their cash as fast as they make it or that they were hit with some unfortunate circumstances that many have not considered.

I will admit that it is rare, but I have personally witnessed it several times.

Get all the facts before you judge.He may have the wrong approach, and it is unlikely, but, it is possible.

Like most boards,there appear to be many with nothing of substance to add.

Hope I did not offend all you "Elite Traders."
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If you have witnessed it several times, it is not rare, as rare events are scarcely witnessed.

Good money managers don't run out of money. Bad money managers and bad traders do. And after they blow thier own stakes, they blow the stakes of others, first thier freinds and family, and then perfect strangers. Pro, if his appeal is not an outright con, is likely entering the latter part of the second phase of the blowout process. He can't get any money from anyone who knows him so he is appealing to strangers.

It is revealing that you are sympathetic to the amateurish Pro.
 
Try this. Sometimes good traders loose their capital because of a situation with the backer unrelated to trading. Also, sometimes good traders have to use their trading capital for some event unrelated to trading.
 
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