He did something stupid. Everybody does in the beginning, that doesn't make you a bad trader. Not learning from it and not correcting your behaviour though, does.
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Title Trading
- Thread starter stealth927
- Start date
Quote from luckybastard:
He did something stupid. Everybody does in the beginning, that doesn't make you a bad trader. Not learning from it and not correcting your behaviour though, does.
Nah, holding 1 trade against you 500 dollars when you're limit is 50 dollar says a lot about you. If it's his own retail account then by all means he can blow as much as he wants and hold til death. But when you're training with others money and supposed to follow strict rules, it's another story.
When I was a trainee there I never exceeded my limit. I even felt bad if I went over by a few dollars because I didn't exit in time. But that's probably just me.
shiko, after you stop out you should go and watch the others trade (if they let you) and learn from them. or work with the other trainees and try to bounce ideas off each other
Quote from wucah:
The commission is actually lower than that. 8 cents or so of that are clearing costs so the real commision is about 12c per 1000 or 12$ per 100k.
Assuming you are at Title Trading, What other fees do you have to cover? (desk fees, software fees etc.)
After what period of time do these fees kick in and do they waive these fees during your training period?
Are you responsible for the losses from day one? If, during the first month of your trading at Title, you lose about $200, will they charge you for that at the end of the month?
Thank you.
Thank you.
Hey i worked at TUCO and Title was under their umbrella im not sure if they are legit or not and definately dont want to assume but i would rather be trading somewhere else after what happened , i also heard some banks are looking into prop firms maybe that will have a different twist
In Montreal there are 4 firms that have sizeable offices
-Title
-Golden Market
-Swift
-wts
I have seen them all and checked them all out before i decided to trade with one of the above. They all have pros and cons and one you might say has a con as an owner ,but it is for you to decide. One thing is true Tile was involved with Tuco same BD which Title owns (check the Finra sight). Not sure what it means that is why you must do your own due diligence.
-Title
-Golden Market
-Swift
-wts
I have seen them all and checked them all out before i decided to trade with one of the above. They all have pros and cons and one you might say has a con as an owner ,but it is for you to decide. One thing is true Tile was involved with Tuco same BD which Title owns (check the Finra sight). Not sure what it means that is why you must do your own due diligence.
Does anybody know which BDs Title / Swift Trade use to clear?