question about swift trading

Quote from stylelad:

I cant find such firm...Discussed that opportunity 100 times...Their answers are the same :"If you think you are interested in opening an new office then we can proceed from here if you were looking to do remote trading then that’s not something we offer." JUST GIVE ME THE NAME IF U R SO SURE...:p

I don't think you will find another prop firm which will let you trade without putting down your own money at risk. This is the main reason why Swift Trade is so in demand in Eastern Europe and Asia. In America almost anyone can afford to risk blowing up 5k in trading but in those countries only a few can do that, majority have no opportunity to earn this kind of money ever. Trading for Swift can be compared for doing sales for a commission.
 
Quote from cvds16:

Bright offers remote trading

You need a series 7 to trade through Bright, i doubt any of these guys with basically nothing have the means to acquire that.
 
Quote from clown_humper:

First of all, the minimum wage in China is practically zero. It's a communist country and worker's rights are non existent.


Please do not confuse what communism stands for for what is going on in China. It is only communism by name and nothing else. Btw. I wish my work benefits were as extensive as they were in communist countries. (free health care, 6 week vacations, strong employment ect).:D :D :D
Now, before everybody jumps on my throat. I am not a commie, just trying to correct 2 wrong notions:
1. That China is communist.
2. Workers rights are non existent - they are non existent because the government does not care not because the country is communist. If China was indeed a communist state, workers would be the privileged class.
Not trying start a fight/discussion, just a small correction. :D :D :D
 
Quote from cvds16:

if they can save something at swift, they can move on ...

Be realistic, do you think they're gonna make the effort preparing and studying for the series 7 and then flying to the US to write the exam - and that's if they receive sponsorship from a firm like Bright or anyone else.
 
Quote from freeitaly:

You know the situation in china now?

yes,i admit that we traders only have 10% of the profit we made in china.That is because wo have wonderful people,but little prop firms.
If you come to china,you are nothing at all. you will never win over us chinese!!


Pride + nationalism = Mein Kampf chinese style. Sad:( :(
 
I have decided now that stylelad's posts look fishy. You have been given names and there are names on this board in other places. If you were seriously and not operating on some hidden motive trying to get people to name names, you would already be making higher %.
 
Quote from GGSAE:

Be realistic, do you think they're gonna make the effort preparing and studying for the series 7 and then flying to the US to write the exam - and that's if they receive sponsorship from a firm like Bright or anyone else.
Why not ? I do not trade equities, but if I would I would certainly do so. (I live in Europe) I was seriously thinking about this a few years ago after I couldn't trade options anymore thanks to cancellation costs. I decided to trade futures however.
 
I have also looked this up and there are some people who posted in the past on elitetrader who are living in Europe and trading remote like that. Don't ask me for names, it's too long ago since I last looked but use the search function and eventually some names will come up ...
 
Despite what the label and the history books will say, China has never been communist and (I will take heat for this) never will be communist. And also, all this percieved arrogance from 1 or 2 posters is nothing to be worried about. I remember reading in Chit Chat and China should be feared militarily. What a joke, if only you knew.
 
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