prop firms

[TM_Direct]

Quote from Don Bright:

Mschey will cover the balance, LOL.

Actually, as long as a trader does not violate any rules or regulations, the Firm will cover the difference. We've had to eat a few bucks on a few occasions.

Don

well its one thing if your a billionaire like Don Bright
....its another thing if you are the latest come johnny prop firm that has limited amounts of resources.

 

[Don Bright]

Quote from TM_Direct:

well its one thing if your a billionaire like Don Bright
....its another thing if you are the latest come johnny prop firm that has limited amounts of resources.

In all seriousness, that's why the due diligence on who you're trading with important.

We, obviously, monitor risk very closely, and we have had very few blowups....and most continued to trade, and many went from disaster to $million or more....all part of the game.

Don

 

[dandxg]

Quote from Don Bright:

In all seriousness, that's why the due diligence on who you're trading with important.

We, obviously, monitor risk very closely, and we have had very few blowups....and most continued to trade, and many went from disaster to $million or more....all part of the game.

Don

What does that mean Don, disaster to $million. Is that a Paul Rotter story at your firm? Can I buy that guy lunch? I would love to hear that one.

 

[Don Bright]

Quote from dandxg:

What does that mean Don, disaster to $million. Is that a Paul Rotter story at your firm? Can I buy that guy lunch? I would love to hear that one.

Come by the office, I'll introduce you to a couple of guys.

Don

 

[dandxg]

I'll do that the next time in am in Vegas. This fall, when it's cooler, if that is ok. I live in Denver. Best of trading to you Don.

Dan