they run a tight, straight by the book ship.
send me a contact PM...i'll take a look (the returns look like BS) but we'll talk. portfolio margining is not for day trading FYI
i believe anything in box 1....
wher u go ? u still with popus ?
what box does the $1250 show up in ? that determines whether you'll owe self employment taxes. sounds like your a schonfeld trader
i was speaking in regard to popus atlanta. don't know much about the other popus outfits
under his umbrella of various trading entities, yes. partly owned by the mgmt group (if u could call it such i thing)
opus
i'm waiting for monty21 to chime in.... if he is still with popus.
most of these prop firms are glorified day trading shops. seems if the can give you a prop trading title and tell you your trading firm capital...
i also trade fixed income. even with portfolio margining in my personal accounts - i still have the need for extra bp. office, phones, bbg, tech...
ok, then back to my mid thread question. if 50/50, 60/40 is such a great deal - why are u self funding ? imho, self funding is the only way...
so at the end of the day your trading your own capital, 4 to 1 and keeping 100%.......
some good points but no reason to act like your three. i never stated newbies should be making 10-40k/mth. go back and read my posts. just...
don't know what firm he is talking about. these number are just my opinion, but, i think the average trader pulls down $10k-40k a month...
there is nothing wrong with prop firms. they can provide you capital and leverage well beyond what you may be able to self fund. in that case,...
granted on your first points. so basically, no way to get into the game - so any deal is better than zero. good luck trying to get your...
from what i've read, that's a huge plus. YOU have no capital at risk, pay high commish rates, get paid out at 50-60% of profits but your a PROP...
i'm just trying to get a handle on the psychology of the average newbie trader out there. i'm a prop trader. i have a 90% payout but my...
LOL. unless it is one of the mgmt group NOBODY in that office is making that much. more like $250,000.01..... thats a good one.
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