thanks
NYC Prop FX Firm
- Thread starter nycfxproptrader
- Start date
thanks
I found the following on the web site
"All funds will be held at Forex Capital markets"
It scared me off!!! FXCM is a well-know crap among FX traders!
"All funds will be held at Forex Capital markets"
It scared me off!!! FXCM is a well-know crap among FX traders!
You are absolutely correct to say that Prop FX trading is becoming popular and itâs about to explode.
Let me break down the differences between stock trading and FX trading
Bear in mind we have been trading stocks ever since the good old days of the 90âs until it all disappeared not too long ago (FEW years ago!!!)
Majority of stock traders do not make money any more and have stopped making money couple of years back.
Iâll give you a few major differences between the two markets
1 Well the number one difference is there is no Money Made Day Trading Socks.
2. Stocks: Lotâs of commissions paid by the trader
FX â No commissions whatever you make is the real number
3. Stocks: Market opens 6.5 Hours 5 Days a week
FX â Open 24 Hours Day 6 Days a week
Convenience of picking hours that fit you.
4. Stock: Gap Ups, Gap Downs, Halting Stocks and getting out with bigger losses then
Intended , Stops are not a guaranteed way of covering positions , if it goes lower then
Your stop thatâs where you are getting out. Specialist manipulation of socks.
FX â GARANTEED STOPS, No Gap Ups, No Gap Downs, No Halting
Pure and Simple
Basically Trading FX Market is based on Fundamentals as well as Technical Analysis
You have reasons for placing trades, rarely are you putting on a trade without having
some solid reason backing it.
Moves are big and very profitable compared to moves in stocks.
Overall FOREX is a very pleasant market to trade if you do it professionally and with
discipline
Let me break down the differences between stock trading and FX trading
Bear in mind we have been trading stocks ever since the good old days of the 90âs until it all disappeared not too long ago (FEW years ago!!!)
Majority of stock traders do not make money any more and have stopped making money couple of years back.
Iâll give you a few major differences between the two markets
1 Well the number one difference is there is no Money Made Day Trading Socks.
2. Stocks: Lotâs of commissions paid by the trader
FX â No commissions whatever you make is the real number
3. Stocks: Market opens 6.5 Hours 5 Days a week
FX â Open 24 Hours Day 6 Days a week
Convenience of picking hours that fit you.
4. Stock: Gap Ups, Gap Downs, Halting Stocks and getting out with bigger losses then
Intended , Stops are not a guaranteed way of covering positions , if it goes lower then
Your stop thatâs where you are getting out. Specialist manipulation of socks.
FX â GARANTEED STOPS, No Gap Ups, No Gap Downs, No Halting
Pure and Simple
Basically Trading FX Market is based on Fundamentals as well as Technical Analysis
You have reasons for placing trades, rarely are you putting on a trade without having
some solid reason backing it.
Moves are big and very profitable compared to moves in stocks.
Overall FOREX is a very pleasant market to trade if you do it professionally and with
discipline
We offer traders to trade OUR FIRM CAPITAL !!!
What would our interst in screwing them be
It's as if we are screwing ourselves
We are looking to hire traders that will succeed and build and grow with our firm.
If you have a problem with FXCM then you need to address that to them.
You are dealing with Global Fx not FXCM.
It's our priority to keep all trading without any discomfort to our traders.
As I have mentioned before FXCM is the Market Maker we chose because they are the Microsoft of this industry and if anyone disagrees then don't trade from home through them.
If you trade through Global Fx you are dealing with Global Fx NOT FXCM
What would our interst in screwing them be
It's as if we are screwing ourselves
We are looking to hire traders that will succeed and build and grow with our firm.
If you have a problem with FXCM then you need to address that to them.
You are dealing with Global Fx not FXCM.
It's our priority to keep all trading without any discomfort to our traders.
As I have mentioned before FXCM is the Market Maker we chose because they are the Microsoft of this industry and if anyone disagrees then don't trade from home through them.
If you trade through Global Fx you are dealing with Global Fx NOT FXCM
Transact Futures
Transact Futures
If FXCM is a IB they cannot hold any money unless they want to go to jail. FXCM is an FCM so they are allowed to hold the money. This is a basic NFA rule.
NO PROP IS NOT FXCM IT'S GLOBAL FX
THANK YOU Transact Futures
School some of these Golden people here who don't know the basics of FX markets.
For every person reading this thread Please pay little attention to what SOME contibutors have to say since they have little knowledge of FX Markets.
Yoy can PM me and I will speak with you.
School some of these Golden people here who don't know the basics of FX markets.
For every person reading this thread Please pay little attention to what SOME contibutors have to say since they have little knowledge of FX Markets.
Yoy can PM me and I will speak with you.
A college kid with a smart mouth
i would like to stop in to visit your firm next time i am in NYC--probably may 7. i am not interested in trading prop FX but would like to observe your operation and chat with your traders.
thanks !
surfer
Very interesting dirt
NYCDT
NYCDT