Swift Trade Canada/Hong Kong

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clemlau99:

maybe your spoken English is not good enough, but your written English is excellent.
Go join the Toastmasters. They can help.
http://www.toastmasters.org/
They have many chapters in Hong Kong.

 

[mahram]

well depends on the country right. In the states, its legal to fire people for smoking at home. What you think is legal or illegal is sometimes very wrong. So check up with your state, provincial, country laws first. Like in british columbia, most stuff that they do in the states, like firing you for smoking at home, is illegal in bc.

Quote from madmunny:

ok...obviously im wrong on this one.....but i also know its illegal to withhold an emplyees check in any company to force them to repay anything.....if for what ever reason the branch was to hold a trader liable you would think they would use the court system as a proper course of action.....

but clearly im wrong on this practise not happening so i shall shut up now!

 

[mishwar]

The discussion has gone completely off-topic.

1) Guys can some one tell if it is possible to make $ 2000 per month with $ 9900 BP at Swift ?

With my 9 years experience in Asian markets (but not pure proprietary trading), I feel it is impossible because it means you need to be around 0.015 % percentage on your total trading volume which is extremely difficult for scalping. I notice that Swift is charging very high trading fees. The expenses come to a ridiculous amount for 100 shares and 9900 BP that they offer.

2) Do trading expenses decrease as the number of shares or BP increases ? I mean what is the equivalent trading expenses for 1000 shares at-a-time trading ?

The payout is 10 % in China and I feel it is completely unfair and an impossible task unless the BP is increased.

Thanks

 

[madmunny]

Quote from mishwar:

The discussion has gone completely off-topic.

1) Guys can some one tell if it is possible to make $ 2000 per month with $ 9900 BP at Swift ? 2) Do trading expenses decrease as the number of shares or BP increases ? I mean what is the equivalent trading expenses for 1000 shares at-a-time trading ?

The payout is 10 % in China and I feel it is completely unfair and an impossible task unless the BP is increased.

Thanks

of course your buying power gets increased.....but what, should someone who has never traded on the stock market ever before just get 5 million in buying power to start?????? You have to earn more buying power...once you prove you wont lose money everyday with 100 shares....then they will give you more....once you prove you wont lose your shirt everyday with 500 shares..you will get more....and so on.

 

[mishwar]

Quote from madmunny:

of course your buying power gets increased.....but what, should someone who has never traded on the stock market ever before just get 5 million in buying power to start?????? You have to earn more buying power...once you prove you wont lose money everyday with 100 shares....then they will give you more....once you prove you wont lose your shirt everyday with 500 shares..you will get more....and so on.

Not 5 million but $ 70 000 will do the trick easily. In fact, for that graduation point, $ 30000 is enough. But Swift's BP increases so slowly tht it will prob take a year to have enough BP to be able to trade.

BTW, I have around $ 3 Billion of trading experience in futures. I wonder if that is enough, madmunny ? Here in China, Asia, I feel its a bit unfair.

what do you think ?

m

 

[Szeven]

Quote from mishwar:

Not 5 million but $ 70 000 will do the trick easily. In fact, for that graduation point, $ 30000 is enough. But Swift's BP increases so slowly tht it will prob take a year to have enough BP to be able to trade.

BTW, I have around $ 3 Billion of trading experience in futures. I wonder if that is enough, madmunny ? Here in China, Asia, I feel its a bit unfair.

what do you think ?

m

I had 3 million in under 1 year. I had 180k after like 3 months.

 

[madmunny]

Quote from mishwar:

Not 5 million but $ 70 000 will do the trick easily. In fact, for that graduation point, $ 30000 is enough. But Swift's BP increases so slowly tht it will prob take a year to have enough BP to be able to trade.

what do you think ?

m

What do i think??? I think if you actually went there, after two days, if have the experience that you say you do and you are able to make money your first two days that ST would be more than willing to give you your 30K BP that you would like. And after about 3 weeks of you performing well you could easily have 100k in BP......and after a year if you are as awesome as you claim to be with all your experience you could easily have a couple million in BP.

So....unless a million in BP is not enough for you to trade with....probably best for you to find a different company to trade with.

Thats what i think

 

[CowboyBlue]

Quote from mishwar:



BTW, I have around $ 3 Billion of trading experience in futures. I wonder if that is enough, madmunny ? Here in China, Asia, I feel its a bit unfair.

what do you think ?

m

why are you going to swift for a 35% payout if you are such a master? i kind of get the feeling from you that you blew out your accoutn and are looking for leverage somewhere.

 

[mishwar]

Quote from dwl603:

why are you going to swift for a 35% payout if you are such a master? i kind of get the feeling from you that you blew out your accoutn and are looking for leverage somewhere.

No darling, we are seeing prop shops in Asia for the first time and I have no choice

 

[mishwar]

Quote from Szeven:

I had 3 million in under 1 year. I had 180k after like 3 months.

Cool Szeven. I dream of that kinda BP. And your statements make me feel I may see that kinda BP soon.

Thanks