It's the difference between holding a bat in your hands and swinging at a pitch and playing a video game.
I'm having difficulty explaining why prop trading is different than retail accounts without sounding overzealous. Perhaps Don Bright would be...
Prop: Small upfront contribution used to buy leverage. Generally between 5k and 25k. Leverage up to 100:1 Limited overnight leverage....
You don't need to put up a ton to get that deal - it's really about your own negotiating skill. Here's my take on it - Join a trading group...
Mulling a move there soon. Right now I'm with a shop that put up the money for me, so I am obligated to give them 25% on top of a heafty...
Well, you need to realize that they aren't going to let an account go to zero. Typically, you can buy into an existing trading group within a prop...
Not insane at all. If you're familiar with the prop industry, you'll know that 500,000 shares per month is a small-time trader. That's MINIMUM...
My gut tells me you're a paper trader.
First off, you can't buy something and hold it for 5 days. There is intraday and overnight leverage. Overnights, if they are even allowed by the...
What planet are you from? Any prop firm charging more than .003-.008/share is simply uncompetitive. That works out to anywhere between $3-$8...
I believe you mean "instability"
Someone take the contents of this thread and place it in the one questioning whether trading is a zero-sum game or not. I make most of my...
I know for a fact Prestige pays out 100%, 80X leverage, rates as low as .003/share Liquid 100% payout as well, 100X Leverage, no clue about the...
Again... Retail Trader = Loser Prop Trader = Maybe has a chance.
Again, as always on this site, daytraders are being mistaken for active investors and vice versa. A daytrader will know within a few months...
Call Liquid Trading or Prestige Capital. Schonfeld as well.
That's very low. With 500k, you'd get 50 million with any firm that is sound enough to provide it. The prob at that point would be sorting through...
Predicting price movement with certitude? Impossible. Predicting recuring patterns of intraday movement? With a lot of experience, perhaps....
Also... For me, money is just a proxy for sex. If you're an interesting person, then winning over hot people is just about face time. And money...
Botton Line: If you don't want to be held accountable by the market, then don't go public. Look at Crate & Barrell.
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