Remote Prop Firms and Trading Capital

elliots11 said:
patak's combine is a few hundred dollars but payout is 80%. A better deal.
More...

I don't know. It seems pretty fair. It starts at 50%. Don't know what the rules are. But nothing as complicated as passing combines,etc. All you need to do is generate 5%-10% on 25K during your demo month. That's like $2500. On futures, that's not too hard.

I haven't tried it out but does look interesting.
 
They dropped the 30% profit split?
They probably could not get traders in there prop firm with a 30% profit split.
Now with 50% split I think this will be a good opportunity for traders without capital.
 
Saber said:
They dropped the 30% profit split?
They probably could not get traders in there prop firm with a 30% profit split.
Now with 50% split I think this will be a good opportunity for traders without capital.
More...

Yea. I saw that too. A while back it was 50% then their website switch to 30% and now it's back to 50%. haha.

Maverick has always argued that prop(which this is of a sorts) doesn't make sense in you have adequate capital in your PA. I have more capital now in my IB account then what they are offering to start. So, does that still make any sense?

I'm just thinking long-term. They said it can increase to $1M account, which obviously don't have. Then you are talking about throwing around 100-200 lots. Now you are talkin'!

At 100 lots, I don't mind 50% split cuz we are then talking serious money. If you are stuck with 3-5 lots then it's worst than trading in my PA.

What are your thoughts?
 
trader99 said:
Yea. I saw that too. A while back it was 50% then their website switch to 30% and now it's back to 50%. haha.

Maverick has always argued that prop(which this is of a sorts) doesn't make sense in you have adequate capital in your PA. I have more capital now in my IB account then what they are offering to start. So, does that still make any sense?

I'm just thinking long-term. They said it can increase to $1M account, which obviously don't have. Then you are talking about throwing around 100-200 lots. Now you are talkin'!

At 100 lots, I don't mind 50% split cuz we are then talking serious money. If you are stuck with 3-5 lots then it's worst than trading in my PA.

What are your thoughts?
More...

I see this as a great opportunity for a beginner without trading capital, just be there 1 or 2 years and then grab your money and get 100% trading your own money.
 
You must log in or register to reply here.
Back
Top