Prop firm with low retainer?
- Thread starter ksmetana
- Start date
If you are not highly experienced and this is all you have, you really are not ready...
Haha, I understand why you would say this, but that is not the case at all.
I live in Southern California, have a terrible job, and medical expenses. Honestly, I am trapped. I slave away every day, with only one goal in mind: getting behind a prop desk. Nothing else matters, this is my future
It is hard to save money, I've been living on peanut butter sandwiches to save up for a retainer.
I live and breathe the market, I am tuned in all day. I've been trading for 1 year, learning as much as I can. I need more capital, ASAP, there is money to be made.
I am sick of high commissions and low capital, I deserve MORE.
Sure I am not a 10 year veteran, but I am more than ready to at least BEGIN my career.
My life is at an all time low, but my excitement and passion are at an all time high.
I refuse to do what I'm doing for the rest of 2010, my life is passing me by. I am confident in my skills and ability to adapt, I need a way out.
Note, I am not using this as a get rich quick idea. I have been serious about this for an extended period of time. I could lose all the money I have tomorrow and still continue the march forward....
I am 25 years old, graduated from UCI in 2007 -- B.A. Anthropology (sociocultural emphasis), minor Bio Sci
I live in Southern California, have a terrible job, and medical expenses. Honestly, I am trapped. I slave away every day, with only one goal in mind: getting behind a prop desk. Nothing else matters, this is my future
It is hard to save money, I've been living on peanut butter sandwiches to save up for a retainer.
I live and breathe the market, I am tuned in all day. I've been trading for 1 year, learning as much as I can. I need more capital, ASAP, there is money to be made.
I am sick of high commissions and low capital, I deserve MORE.
Sure I am not a 10 year veteran, but I am more than ready to at least BEGIN my career.
My life is at an all time low, but my excitement and passion are at an all time high.
I refuse to do what I'm doing for the rest of 2010, my life is passing me by. I am confident in my skills and ability to adapt, I need a way out.
Note, I am not using this as a get rich quick idea. I have been serious about this for an extended period of time. I could lose all the money I have tomorrow and still continue the march forward....
I am 25 years old, graduated from UCI in 2007 -- B.A. Anthropology (sociocultural emphasis), minor Bio Sci
Hey whats up man... Im also another trader from southern california. Im out in valencia. I just wanted to let you know that you can try giving ProTradeSecurities a call. They are a firm that requires only 3K to start, but you have to register as a pro and pay 250 for the platform.
Im currently a member of iFundTraders.com as well.. they are a school that funds people who can prove themselves as a profitable trader. The school and membership is good for life. I love it so far.. dont listen to all the complaining about them on here. A bunch of wimps who cant pay a measly few grand for a school cant trade for a dime any way.
Thought you might think this could be of some help at least. Another option is to find a direct access forex broker where you can deal inside the spread on the interbank market. I trade through MB Trading and they allow you to bid and offer... Good deal if you ask me. I love trading with them.
Have a good one man!... good luck trading!
Im currently a member of iFundTraders.com as well.. they are a school that funds people who can prove themselves as a profitable trader. The school and membership is good for life. I love it so far.. dont listen to all the complaining about them on here. A bunch of wimps who cant pay a measly few grand for a school cant trade for a dime any way.
Thought you might think this could be of some help at least. Another option is to find a direct access forex broker where you can deal inside the spread on the interbank market. I trade through MB Trading and they allow you to bid and offer... Good deal if you ask me. I love trading with them.
Have a good one man!... good luck trading!
Thanks for the reply, I'll check out ProTrade
Actually, I live in Santa Clarita too haha. Over off Plum Canyon in Saugus....
I like the idea of entering a training program, but not a $10,000 training program. I know it is probably a good investment, but it's an investment that is out of my reach.
We need a prop firm out here, just sayin
Actually, I live in Santa Clarita too haha. Over off Plum Canyon in Saugus....
I like the idea of entering a training program, but not a $10,000 training program. I know it is probably a good investment, but it's an investment that is out of my reach.
We need a prop firm out here, just sayin
WTS is a prop firm that allows you to start with only 1500 to start with only 75 cents per 1000 shares. They want a 50/50 cut on profits though.. Doesnt seem too bad if you trade a lot and want super low commission.
Good luck.
Good luck.
After reading this, I will shorten the response to:
this is all you have, you really are not ready...
If you read the website of ifundtraders, it states that you pay almost $ 10,000 total for their education, so that is much different from a few grand like you claim. So either you are ignorant, a liar, or a shill for that company. So you are in fact funding your account from some % of your education fee. For example, they could have a deal with a prop firm to give them $ 5,000 of your education money and keep the rest for themselves.
If someone wishes to pay for education and trade prop, then the best is to find a real prop company that accepts you, and pay for their strategies directly. Many real companies offer 1/2 the cost for education and include being mentored by traders that you will be working next to at their company.
If someone wishes to pay for education and trade prop, then the best is to find a real prop company that accepts you, and pay for their strategies directly. Many real companies offer 1/2 the cost for education and include being mentored by traders that you will be working next to at their company.