Noob question: what is remote prop firm?

[Leo Chu]

What's the difference between remote prop firm and normal prop firm?

 

[OTM-Options]

What's the difference between remote prop firm and normal prop firm?

I will take an educated guess:

A remote prop firm will let you trade from anywhere - their office, your home, the library, Starbucks, etc. While a "normal" prop firm requires you to trade from their office.

 

[Leo Chu]

I will take an educated guess:

A remote prop firm will let you trade from anywhere - their office, your home, the library, Starbucks, etc. While a "normal" prop firm requires you to trade from their office.

Really? "Remote" only means free work place? Nothing with trading?

 

[lawrence-lugar]

What's the difference between remote prop firm and normal prop firm?

Remote means operating from a distance -- kind of like a remote control for the TV.
a normal prop firm means you're kind of like basically inside of the TV

 

[arna]

And if you are remote you have your own performance bond and risk on your side.

 

[Leo Chu]

Remote means operating from a distance -- kind of like a remote control for the TV.
a normal prop firm means you're kind of like basically inside of the TV

The corresponding side of "remote" is "on floor"?

 

[Pekelo]

The corresponding side of "remote" is ?

"in the office", as trading physically from the prop office.

 

[Leo Chu]

"in the office", as trading physically from the prop office.

Got it. "Definition" is clear now

 

[techlevel9]

you use a remote to trade. point and profits.