Thanks...OK, that makes sense. You'll only get paid if you reach a new equity high for that quarter.
In terms of trade secrets, they definitely have a point there. Thanks again for your input here.
Thanks the1. OK, it sounds like the contract can get tricky. The 1-year ban sounds unfair to me though especially if one brings in his/her...
Did you have to pay the desk fee for every month regardless of the monthly PL? Or it was just deducted if you were + for the month? Well that...
Lucias, thank you very much for the breakdown. Scam and the arcade model are the ones that I would not be interested in.... I have a science...
the1, I assume you didn't put in any risk capital? But I think the desk fee was in a way 'security premium' for the company. What kind of...
Yes indeed, an automated, rules-based trading system is what I'll be offering. They will be supplying the risk capital; that's why I am interested...
Indeed, I was expecting to get %profit sharing for new equity highs, not during recovery from a drawdown.... Unnecessary fees and nickel and...
Thanks rosy2. But this is contradicting what bone wrote for futures prop trading ('Chicago' firms). The traders are not supposed to take any...
Interesting! It looks like a dream work environment.... It looks like they are a prop firm in the real sense....
Great! Thanks again bone.
bone, Thank you very much! I wasn't aware of the CME bylaws that you mentioned... I think most of the prop trading I've been hearing about...
bone, Thank you very much for the feedback! 50% profit split is more than I expected! Will this still be the case if I don't bring in any risk...
Hi all, I've been running automated quantitative trading programs in the futures market for the past two years-- My background is in physics. I...
By the way, are you trading equities or futures?
See, live and learn man! There are crazy people like me too in the markets -- my $$$ cash is for grabs ! I found a charity for upgrading brokerage...
Thanks. I was thinking along the same lines. It'll be just a waiting game until the volume thins down on one of the sides.
Thanks heech for the heads up.... More paperwork in that case...
Could you please care to elaborate? I am looking for people's experiences. I talked to Interactive Brokers yesterday. For a give up account, you...
Hello, A brief background... I am on my way to becoming a CTA, last year I passed my Series 3 exam. But I haven't finalized my application yet....
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