T3 trading group

J

joey juneau

Hi i am registered with T3 trading group and i have a few questions about the firm and im hoping someone can help. i have been with the firm for about a year now and i am still trying to pass the exam. My questions are

1. Is knopman Marks good study material for the series 57 exam? because that is the one that i have

2. Has anybody else on here traded with T3? if so how was it? I will be trading from home

3. I know the capital requirement is minimum 5K. What would happen if you lose t
some of the firms money?

Thank you in advance for the help!
 
Hi Joey,
1) Yes, Knopman Marks is good. One of our traders just took the test using their materials and passed.
2) No.
3) If you put up capital, they will have risk controls to prevent you from losing more than your initial contribution.
 
joey juneau said:
Hi i am registered with T3 trading group and i have a few questions about the firm and im hoping someone can help. i have been with the firm for about a year now and i am still trying to pass the exam. My questions are...
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"I am registered with T3 trading..."

How were you registered with the firm "for about a year" without taking the exam? Or perhaps you are retaking the exam?

In any case, just make sure you are fully aware of the fixed costs and variable monthly costs of doing business with any prop firm. If your fixed costs are $200/month (in platform fees, for example), then you are going to spend around 50% of your $5k just on fixed costs throughout the year.

Vikram is correct, these firms have safeguards in place so you do not dip into their capital. You have "first dollar loss" on your 5k. The firm is simply providing you with the ability to trade the firm's capital at a higher leverage than opening your own pattern day trader account at a retail broker.

Everything is usually spelled out in the contract you sign when you join the LLC as a member.
 
Yes I am aware of the fixed costs for the platform fees and etc. I've taken the series 56 twice and did not pass then FINRA changed it to series 57 and I am currently studying for that. But I am aware of everything else with the firm. I just wanted to talk to more people that were trading with the firm. Scalper Joe is there anyway I can get in contact with you?
 
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