denying 100% payouts is not written into reg. t but is an interperation of reg. t.
my understanding is that many day trading firms are losing big money every month which is eroding capital and worldco which is likely to file...
100% payout is not allowed for prop trader violation of reg. t. some firms firms like worldco paid out 95 to 99% to skirt rule.
anybody who would give a trader ,003 will not be in business. ask traders at worldco which is out of trading business
worldco traders are being offered jobs at schoenfeld which is solidly capitalized. deal is not as good as worldco but worldco payouts were...
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