a question about Swifttrade

Discussion in 'Prop Firms' started by sky_wan, Jun 15, 2006.

  1. 100 trades huh? how many shares per day? what's your maximun net loss per day?
     
    #61     Oct 13, 2006
  2. 1000 - 5000 shares per trade (depends which stock) - about 100 trades per day. Net loss is about 350, lft is about 450
     
    #62     Oct 13, 2006
  3. good, you´re already moving some volume. But you´re not yet taking full advantage of swift´s leverage. Be agressive in pushing your net loss up to 1-2k that´s when you start seeing the money.
     
    #63     Oct 13, 2006
  4. at swift i paid 800$ for training we was 6.

    one of my best investisment. We are 3 who still trading.

    4 traders teach us how to trade for 4 days.

    when they teached us they dont got money from market so we must pay them to teach how they make money.


    the price depending on many factors. if i got 300$ -500$ per day in my pocket in trading do you thing i'll loose 4 day for training free?

    the payout is not all.

    some got more payout but at the end made less money.

    the thing is make money and all will goes well.

    i learn to 8 trainees all became trader. i teach them how to make money.

    some after one year said: i want more payout i will left bla,bla,bla. i said : trade well and your payout will grow up.
    they starting to trade bad and complain. those you complain more are in red for juin. with 100% payout = 0$ they thing to ask 110% payout ;)

    you can earn more than 50%-60% at swift . trade well and work. focus on trading not on payout.

    it's not always better other place for many reasons.

    when you need money are thing money your trading is not at the best. When you focus to trade well your blotter become dark green like you never expect.

    i'm just a poor master trader payout 40% + and manager.

    (i dont speak english so dont complain about ...)

    have fun at trading
     
    #64     Jun 29, 2007
  5. What office are you trading from?
     
    #65     Jun 30, 2007

  6. I agree Szeven there are lots of options in Canada,
    pro-traders will do their homework. At least the traders are benefiting the most.

    I've found one that pays 60%-80% depending on experience,
    and history. .15 - .30/1000. Only thing trader pays is $250
    per month - covers nyse, amex, nasdaq and charting.

    Decent payouts without being a master/guru(LOL).
    Lots of guys quit after making 5k/mth($1500 swift take home)
    bigger payout buys them more time to develop their style.

    Cheers
    V2k
    There are options in Canada
     
    #66     Jun 30, 2007
  7. can you collect EI in canada while working at swift trade? i'm going to be laid off from my job in september, and if i can get EI, and work at swift as well that would be great.

    anyone know?
     
    #67     Jul 2, 2007
  8. wucah

    wucah

    Its not legal, but who will know? If you keep your mouth shut, tell EI you are looking for job everyday they won't know. Swifttrade doesn't record who works for them or not. With so many people going through the door they probably don't know themselves. But if you get caught then its illegal.
     
    #68     Jul 3, 2007
  9. Ares1

    Ares1

    Is this the same Swift Trade that Charles Kim wrote about?

    If it is, I'm just wondering if majority of the trainers teach something similar to what he wrote in "Swift Trader".

    If so, how consistent is the training?

    How often are the trainers updated with new information?
     
    #69     Jul 14, 2007
  10. would you care to expand on this?
     
    #70     Jul 14, 2007