Prop Trading Business Model

Discussion in 'Prop Firms' started by RedSun, Nov 5, 2021.

  1. Hi, I would like to ask you more details about "Ontario based" prop firm. Did you have any issue with some of them? Is it a red flag only if they keep out Ontario residents from trading? Or also if they are based in Ontario? I would like to join one of them (based in Toronto), but I'm afraid to loose my risk deposit. Thanks
    #41     Dec 8, 2021
  2. That ontario based thing is specific to DTTW only because of their history as Swift (they just rebranded themselves). I am sure you know that saga
    #42     Dec 8, 2021
  3. DTTW (Day Trade The World) is former Swift Trade. They run a free trading show every day on their Youtube channel called TraderTV Live: They also run a Youtube channel called Market Wisdom where they post educational videos:

    If you want to read more about the history of Swift Trade google 'Peter Beck swift' or similar. There are multiple articles out there as well as ET threads about this.
    Last edited: Dec 8, 2021
    #43     Dec 8, 2021
  4. traderjo


    and they still are legit ! not allowing your own country client traders to trade sounds fishy!
    #44     Dec 13, 2021
  5. traderjo


    DTTW deny that they are re branded swift
    #45     Dec 13, 2021
  6. Fonz


    #46     Dec 13, 2021
  7. Trading only 1 security goes against any kind of risk management. There's no interpretable pattern or rule for that to ever work.
    #47     Dec 31, 2021
  8. Fonz


    Better be a pro with one future or stock than continuously trying to diversify IMO.
    #48     Dec 31, 2021
  9. Overnight


    Then why not trade an index? This way you are trading them all at once!

    I win! Wheeeee!
    #49     Dec 31, 2021