Why can no one suggest a real prop firm on this section of the forum
- Thread starter gpstrade
- Start date
Don't $1k class is a great value, no doubt about it.
You'll need to have a little more skin in the game in terms of capital if you want to do pairs. If you're looking for education, for $1k you will learn more from bright than giving t3 10k to waste on more marketing.
You'll need to have a little more skin in the game in terms of capital if you want to do pairs. If you're looking for education, for $1k you will learn more from bright than giving t3 10k to waste on more marketing.
prop firms are not the really the issue here ...many would agree that it is much harder to train traders now adays ...it takes twice as long as it would ve 3 years ago. not to mention that many people dont know what they r exactly getting into. so props firms are tryin to remodel their structure to put themselves close to a win win situation by chargin more fees, training, etc etc...
Thanks for the kind words, always appreciated. And, yes, it is harder to keep our training at the highest levels. If we didn't have super smart traders, making real money, Bob and I would have an even tougher time, seriously.
Since I came back to the office in January, my personal trading has done well, albeit on a smaller scale. Without my guys to help with stuff, I probably would have to go back to my own school, LOL.
Look, it takes basics, we only charge $1,000 and have maybe 20 guys at class these days, a bargain. And, you can choose to trade anywhere, but as Evo says, it takes money to make money, a trite saying, but true. If you have the normal PDT money, or even $20k, sometimes $15k for special cases, you have access to enough capital to survive and thrive.
Anyway, just wanted to say thanks. PM me if you're interested in class. May 7 coming up.
We are planning a free webinar to give you an idea of what we'll be teaching. PM me or better yet, email me with your desire to listen in, I'll put you on the list.
All the best everyone,
Don
Hi
I want to day trade nasdaq stocks, 5 to 10 trades per day, no overnight positions. I need access to level2 and time & sales and have $5000 capital to deposit. I dont have the $25000 to cover PDT rules otherwise I would just open an interactive brokers account. I am based in the UK.
Can anyone help out?
Thanks
Londonkid
I want to day trade nasdaq stocks, 5 to 10 trades per day, no overnight positions. I need access to level2 and time & sales and have $5000 capital to deposit. I dont have the $25000 to cover PDT rules otherwise I would just open an interactive brokers account. I am based in the UK.
Can anyone help out?
Thanks
Londonkid
Broadstreet International (BSI)
TM Global
Hi all,
I appreciate you all for taking time to read my post. I am an MBA student, graduating this spring, and have been trading options with my loan money since September and previously day traded stocks from 12-11=4=11. I have found that my expertise lies in options, and that I believe I am quite successful at trading them. I have turned my 6,000 loan from graduate school, into 11,000 on great option strategies that I derived from the program given to me by my professor here at school. I am looking to trade with firm capital to increase my profitability and even hope to make this a "second" and or primary job. The strategies I have been utilizing do hold over night positions, so that would be a criteria I would need. I do have access to enough funds to cover the PDT threshold, and possible more, I just need more information on some of these prop firms. I have done a little bit of research into. I am looking to earn $3,000-$4,000 per month, and if that's the goal what type of capital would I need to help me do that, and what type of firm capital would i be offered.
Any help or advice with this would be fantastic!
-thanks,
Jason
I appreciate you all for taking time to read my post. I am an MBA student, graduating this spring, and have been trading options with my loan money since September and previously day traded stocks from 12-11=4=11. I have found that my expertise lies in options, and that I believe I am quite successful at trading them. I have turned my 6,000 loan from graduate school, into 11,000 on great option strategies that I derived from the program given to me by my professor here at school. I am looking to trade with firm capital to increase my profitability and even hope to make this a "second" and or primary job. The strategies I have been utilizing do hold over night positions, so that would be a criteria I would need. I do have access to enough funds to cover the PDT threshold, and possible more, I just need more information on some of these prop firms. I have done a little bit of research into. I am looking to earn $3,000-$4,000 per month, and if that's the goal what type of capital would I need to help me do that, and what type of firm capital would i be offered.
Any help or advice with this would be fantastic!
-thanks,
Jason
>My point is, sure, give the $1500 a shot, what can you lose $1500, >right? And, it might be fun.
That's not what Howard Roark would say... This sounds like a bad idea to me. $1500 is a lot of money. Don, if you think otherwise just shoot me a PM and I'll send you my paypal email.. can always use some money in starting my futures account.
That's not what Howard Roark would say... This sounds like a bad idea to me. $1500 is a lot of money. Don, if you think otherwise just shoot me a PM and I'll send you my paypal email.. can always use some money in starting my futures account.
Why are there not any firms that capitalize. train, and mentor swing/ position traders?
Why is everyone still, so focused only on day traders?
Why is everyone still, so focused only on day traders?