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Looking for prop, please
- Thread starter elit
- Start date
Quote from elit:
Hi, are there prop firms with all of the conditions below;
1. You can trade remote.
2. You trade firm capital.
3. You get training/mentoring.
4. You don't need series 7, because I'm not in US.
5. You don't put up any own capital.
If you know of such a firm please post, or send me PM.
Thanks!
The closest thing I know of is http://www.swifttrade.com/
Look for the details. They scalp so forget going long anything overnight. I dont think they offer remote but at some point your going to have to relax some constraints cuz what you are asking for is a bit idealistic. I think you dont understand the concept of risk reward. You want the reward without the risk. If any firm was going to offer that there would be a line of people at the door.
Good luck
I'm inclined to agree with Mecro and others...
You seem to want everything, yet contribute little or nothing:
>>You get training/mentoring.
Translation: you don't know how to trade
>>You trade firm capital.
>>You don't put up any own capital.
Translation: you have no money
If you have no trading ability and no money, why would a company spend its time and money on you?
You seem to want everything, yet contribute little or nothing:
>>You get training/mentoring.
Translation: you don't know how to trade
>>You trade firm capital.
>>You don't put up any own capital.
Translation: you have no money
If you have no trading ability and no money, why would a company spend its time and money on you?
I dont really remember but I think at swift you trade firm capital and you dont need any experience. You need to be an MBA or an engineer or anything like that. They scalp and I think you paper trade at first and when you do go to real cash they stop you at 50-100$ loss. So, it's possible to get training and trade firm capital but it's quite sketchy.
Quote from total_keops:
I dont really remember but I think at swift you trade firm capital and you dont need any experience. You need to be an MBA or an engineer or anything like that. They scalp and I think you paper trade at first and when you do go to real cash they stop you at 50-100$ loss. So, it's possible to get training and trade firm capital but it's quite sketchy.
I think Swift don't do remote.
Quote from pikersayscar:
i can't emphasize this enough: "you don't even need to be that good to get this deal"
this style of trading that warrants a backed, remote, higher than 50 split, comms close to cost deal isn't even necessarily the best way to make money/best way to trade.
the best trader in the world definitely does not trade like this, or have these stats.
but some of you seem to think that getting this deal would require you to be some kind of super trader...rather, its far from it.
its free, consistent money for the firm that kind find a scalper like this. the traders i've met that make the most/who i consider the best i've met/heard of, they sure as hell don't put up the kind of numbers a scalper like this would.
yes, thats true but youre completely missing the point. the guy doesn't know how to trade. are you willing to back him hoping he might be one of the few that'll make some kind of profit in a year? well, maybe he has something to offer but he hasn't told us yet.