The name alone scares the heck out of me. I suppose they are going to get "aggressive" with the markets? How about Solitude Trading, LLC. That's sounds like a nice mature name for a chop shop. Oh, but - I bet that name is taken already. I have not checked, but it probably is taken already. Or, how about Collaborative Trading, LLC. Oh, that one might be taken, too. I think all the good mature, calm, rational names are probably taken. Oh, wait a minute... How about: Camber Trading, LLC.? Leading Edge Dynamics Trading, LLC.? Positive Model Trading, LLC.? Stepwise Secure Trading, LLC.? Looking Glass Trading, LLC.? I'm on a roll. Hey, I think we can call "Top Gun" (Maverick) and let "Goose" know that a more appropriate (Grown Up) name exists!
I had investigated them earlier. A very simple setup. They clear thru IBKR. This is not a Market Maker operation. So, I don't really see why you would want to pay desk fees if all they provide is capital. Options already provide you with a ton of leverage (sometimes too much) depending on the strikes you choose. I looked over some model trading plans from some of their traders. Very basic, which is actually good. I started out that way selling verticals against the trend until I realized my portfolio's profit profile was a giant IC...oops. Anyways, I don't think you can get high Sharpe ratios unless your cost structure is similar to institutions and you can run some fancy strategies OR you get lucky with market thats a perfect for your strategy at the time which tends to be fleeting. If this is your sole means of income, I don't think you will be putting food on the table until you get up to Master level trader.
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Proprietary forex? Sounds a little silly. I wouldn't trade 50:1 leverage with my mother in laws money. How much leverage would this trader have? Why not prop futures?
Forex is really liquid. the 50:1 leverage is so due to the current government regime. Once they are out of office, perhaps the leverage will go back to where it was pre-Obama which was 200:1. When I was a rookie the leverage really bothered me, today I practice good risk management and the leverage does not bother me much at all since I reduce the amount of pairs I trade. Though I don't think I can handle another reduction in leverage.