Registered: Oct 2011
05-24-13 07:06 AM
Quote from kanas208:
For mercenarytrader, the $200K the trader have to put in is not "first loss" capital, right?
what type of trading do they fund? Do they work with equity long only / long short traders, or they are more focused on FX/commodity type of traders?
They prefer equity and futures traders, but they accomodate.
Basically they just want to see profits, within drawdown limits.
The $200k is part of your drawdown limit. The first stage is really
a test to see if they can add more money in your account.
Seriously contact them : they really mean business.