This would not be a prop firm, but is it a good idea?

[Surdo]

What does your set up offer that a "Retail" trader at a Prop shop can not have access to?

Nothing original here my friend.

Perhaps learn how to trade?

 

[Maverick74]

Most clearing firms provide space for traders if they want it. Nothing new here.

 

[cashmoney69]

Quote from Surdo:

What does your set up offer that a "Retail" trader at a Prop shop can not have access to?

Because the experiance would be different. Same reason why there are so many pizza take-out places, is because the product and experiance you get from one place to another is not the same, yet they're successful.

 

[Steve Tvardek]

Name some positives of your proposed place over a prop house.

Quote from cashmoney69:

Because the experiance would be different. Same reason why there are so many pizza take-out places, is because the product and experiance you get from one place to another is not the same, yet they're successful.

 

[tradewiz50]

Quote from cashmoney69:

This business idea I had would be similar to that of an internet cafe, where only traders are welcomed. Each trader would have his/her own desk, and computer set up free of charge. They could come and go as they please, and could trade as much or as little as they wanted too. I would not offer margin, or take commissions. The way this business would make money is from charging an hourly fee, and a maintenance charge once a month.

This business would have enough back up power supply to run each computer for at least an hour, and there would be two ISP's, a T1 line and cable in case one fails. We'd be open 24 hrs a day for FX traders.

The bottom line:

* Would you come to a place where you could interact with other traders?
* Would you enjoy having state-of-the art hardware and a lightning fast connection?
* Would you love to trade as much or as little as you want without feeling any pressure?

IMO, it would sure beat being in the office all day by myself.

Since you can't make it as a trader this is your PLan B?:eek:

 

[cashmoney69]

Quote from tradewiz50:

Since you can't make it as a trader

If you read the 2nd page, top post, you'd know the answer to your question. I said IF I become a consistantly profitable trader. You're assuming things.

 

[Surdo]

Are you offering FREE Massage and BBBJ's and Starbucks with topless waitress service?

I am open to suggestions and can use a new office.

What is new and unique, come one sell this now that you have an audience. I give you 30 minutes and will put you on ignore afterwards.

 

[Maverick74]

Quote from cashmoney69:

If you read the 2nd page, top post, you'd know the answer to your question. I said IF I become a consistantly profitable trader. You're assuming things.

Can you please respond to Steve's question. What advantages are you offering over a prop firm? Please list them. Thanks.

 

[El OchoCinco]

Hey I would join for a free BJ... or did I misread that...

Quote from Surdo:

Are you offering FREE Massage and BBBJ's and Starbucks with topless waitress service?

I am open to suggestions and can use a new office.

What is new and unique, come one sell this now that you have an audience. I give you 30 minutes and will put you on ignore afterwards.

 

[cashmoney69]

Quote from Maverick74:

Can you please respond to Steve's question. What advantages are you offering over a prop firm? Please list them. Thanks.

I'd love too, but I've never been to a prop, so I cant compare my idea to what's already out there.