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Prop firm deposit 10-30k 100% payout?
- Thread starter Batman15
- Start date
at least my firm, which a wts sub, charges only a software fee and a % of my PL, both are very competitive
Quote from Don Bright:
Of course... this type of leverage is for many pairs, thus flattening out the overall risk curve. Sorry if I wasn't more clear to the other poster.
Don
It seems more difficult than going directional and hedging with options, as with "many pairs" you'd have to not only game the appropriate size but also hold it for the correct amount of time in order to capture the delta.
I'm sure it works for some, it's just not my style, but probably worth learning the strategy at some point. Good to know.
Don,
2 questions
1. If someone had a series 7pm in the past but expired as the 2 year timeline, does he need to retake the s7?
2. I remembered you mentioned clearing through Merrill lynch so you get traders 100% have you ever considered going back to the 100% pay out model again?
2 questions
1. If someone had a series 7pm in the past but expired as the 2 year timeline, does he need to retake the s7?
2. I remembered you mentioned clearing through Merrill lynch so you get traders 100% have you ever considered going back to the 100% pay out model again?
Quote from cactus_trader:
Don,
2 questions
1. If someone had a series 7pm in the past but expired as the 2 year timeline, does he need to retake the s7?
2. I remembered you mentioned clearing through Merrill lynch so you get traders 100% have you ever considered going back to the 100% pay out model again?
see pm
Don
Quote from ScalperJoe:
It seems more difficult than going directional and hedging with options, as with "many pairs" you'd have to not only game the appropriate size but also hold it for the correct amount of time in order to capture the delta.
I'm sure it works for some, it's just not my style, but probably worth learning the strategy at some point. Good to know.
Good.... as you're aware, strategies and how effective they are tend to rise and fall due to many factors. The hard part is knowing how and when to modify, adjust, and just plain try something different (after you have most of the basics down pat, like entry points, exit points, routing (reaaly big currently), etc. intraday).
All the best,
Don
Anyone that thinks the 100% payouts by JBO firms will continue is going to have a bad surprise. CBOE, FINRA, Phlx...are all saying high payouts on sub-accounts are a red flag. The accounts look like customer accounts not firm accounts and might be treated that way in the future. That means 4:1 during the day and 2:1 at night.
Enjoy it while it lasts.
Enjoy it while it lasts.
Quote from rnrow:
Anyone that thinks the 100% payouts by JBO firms will continue is going to have a bad surprise. CBOE, FINRA, Phlx...are all saying high payouts on sub-accounts are a red flag. The accounts look like customer accounts not firm accounts and might be treated that way in the future. That means 4:1 during the day and 2:1 at night.
Enjoy it while it lasts.
Yes, I agree. The 100% payout structures are over. All the gimmicks out there are coming under scrutiny. There are many firms trying to get around the 100% payout and I think they are going to be in for a surprise very soon. The JBO model is under attack by the regulators. Class B members CANNOT be construed as retail customers.