Prop Firm Dislike/Hate

Is there a conflict of interest or some other problem with "working" for (with) a prop firm and having your own personal retail account?

Although I assume this isn't such an issue since it's predicted that most who work for prop firms don't have much to trade with themselves anyways...

What is considered a "good deal" with prop firms? I don't have any interest in joining one, but I'm unfamiliar with them... I apologize for the newb question!
 
Quote from tenthousandmen:

Is there a conflict of interest or some other problem with "working" for (with) a prop firm and having your own personal retail account?

Although I assume this isn't such an issue since it's predicted that most who work for prop firms don't have much to trade with themselves anyways...

What is considered a "good deal" with prop firms? I don't have any interest in joining one, but I'm unfamiliar with them... I apologize for the newb question!

Many of our traders have retail accounts, in fact I'm sure most do. The only requirement is that the retail firm send Compliance copies of reports.

You might like to read this, may help:

http://www.stocktrading.com/startingtotrade.html

From one of my TASC articles.

All the best,

Don
 
Quote from mastertrader456:

Agreed. Plus they need to leave their egos at the door. This is career where the quicker you realize your wrong the better. "If your wrong the only way to be right, is to cease being wrong....."

+1 (as they say, LOL)... right.


Don
 
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