Remote Proprietary Firms

mtl_trader · Sep 17, 2003

You might want to check out Golden Market Management. http://www.proptrading.ca

They offer remote trading, all you need need to do is put up a small amount of money that will be held in case of any losses and you make 50%. Nice payout.

gimp570 · Sep 17, 2003

Quote from mtl_trader:

You might want to check out Golden Market Management. http://www.proptrading.ca

They offer remote trading, all you need need to do is put up a small amount of money that will be held in case of any losses and you make 50%. Nice payout.

Nice payout!! (50%) Boy that deal almost seems to good to be true! Were do I sign up?

M

mtl_trader · Sep 17, 2003

send an e-mail along with your experience to jobs@proptrading.ca and someone should contact you. At least that is what is on the website.

vega · Sep 17, 2003

Just a quick question, if I'm putting up the money and swallowing the losses, why would I want to give them 50% of what I make ? Realistically how much capital contribution are we talking about, under 10,000 ? I just don't get why I would split the profits and eat all the losses, unless they provide some kind of sick leverage or something, but it sounds interesting.

Vega

mtl_trader · Sep 17, 2003

speak to the guys who run the place. I don't know all the details.

VOLUME · Sep 17, 2003

50% payout is great!!!!

Oh wait, it's 2003...not 1996.

That deal is awful. Everyone with their own money up should get 100% payout.

Volume

Dustin · Sep 17, 2003

No cost with ecn passthroughs @ 50% isn't bad.

axehawk · Sep 17, 2003

Quote from Dustin:

No cost with ecn passthroughs @ 50% isn't bad.

But there is a cost....$0.55 per fill + SEC fees, bullets, etc.

check out;

http://www.elitetrader.com/vb/showthread.php?s=&threadid=20197&perpage=10&pagenumber=5