True prop firms do not take customer deposits.
I wouldn't deposit a dime in a shop that has customers and also trades it's own accounts. CONFLICT.
It's true, 95%+ fail in daytrading. But the minority consistently makes. It's akin to professional sports. Same goes for investing.
take an ethics class
this will all end bad. Current structure of bailout assumes only a 1% drop in GDP. Just kicking the can till the stuff finally hits
As long as it isn't your spouse, you are ok.
Depends on the structure of the LLC and how many partners you have. To keep it simple, a single member LLC your personal assets are at risk. If...
when VIX was 60-90 back in 2008, i had a strategy to simply scan market imbalances at 3:40. if the market was up big for the day, i would just...
Agree. ML clearing is the worst.
I have heard daytrading is over since I started over ten years ago. Last 6 months of 2011 was a great daytrading environment. 2012 so far has...
markets go up cos the herd isn't long. that changes and markets top because the herd didn't sell. markets go down cos the herd didn't sell....
During a bull/bear cycle, a strategy of fading patterns will have it's time. In fact every strategy has it's time. What makes market seem...
first, no pattern works 100% of the time. having said that, reason why a set of patterns will work is that at a particular time in the bull/bear...
i have been trading for over 15 years with my share of ups and downs. i have concluded that no one is smarter than the markets for any extended...
Dimon. Is that even a real last name. Doubt it.
firms can simply hire traders as employees. otherwise, prop firms will move to portfolio margin if payout limits are enforced and still pay out...
What typically happens is this. Profitable traders who are undercapitalized in their first decade of trading who don't have much in their bank...
I know quite a few backed groups in NYC with a profit split with traders managing multi million dollar books. and none of the legit places charge...
mostly sector commodity and index ETF's. my biggest trades of the year were on silver (slv). i scored nearly 20% in 2 days on a silver short in...
I trade prop strategies. First 7 figure year since 2008. 80% of my profits were made in the last 4 months of the year.
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