Registered: May 2010
06-02-12 06:28 PM
hahaha yes, my big secret. I keep no secrets, go read my trading journal on ET, I hold nothing back. Sorry for my slow responses, I don't check this site as much as I used to. Calm down.
The company has already been mentioned: Tower Hill.
Maverick actually told me to inquire with them some time ago, and I did, and finally they got back to me.
They have not mentioned anything about a trading cost. The only cost I'm aware of would be the flight to chicago and hotel acccomodations during the 2 week in-office training.
If they are holding out information, then so be it haha.
If the terms are legit, it sounds like the best deal out there for a new trader.
I have not yet signed with them or anything, because I am considering going back to school for my MBA so that I can get a salary job in the markets.
Might Tower Hill have a crappy side? Maybe, I don't know. I do know that most prop firms have a crappy side, so its to be expected.
The industry is BS, but it can't be avoided, so only two things matter:
1. The terms
2. The technology and support
I don't know how reliable their service / support is, so I can't comment on that. But the terms sound pretty damn decent from what I can tell.
And to you guys who say "open a futures account..." I am not new to this arena, I have traded for a firm and I've already had a futures account. Futures are great for the independent trader, but you miss out on so much opportunity.