Am i getting the best deal out there

Discussion in 'Prop Firms' started by manuptrader, Oct 1, 2005.

  1. well right now i just need 2 million buying power im prop so 5k down and there is no holding period like my previous firm. i trade listed and very little of nasdaq and i personally don't do over nights so i couldn't tell you.
     
    #11     Oct 2, 2005
  2. It's a Genesis deal, come on people. Even if it's not, I've seen it before. He is going through a LLC who put up most of the money to get him that BP.

    It was advertised months ago.
     
    #12     Oct 2, 2005
  3. well you are right it is an LLc monday is almost here cant wait to trade :)
     
    #13     Oct 2, 2005
  4. Arnie

    Arnie

    Are you saying you get $2,000,000 buying power with $5,000?:confused:
     
    #14     Oct 2, 2005
  5. yes i do for 5 k but i dont do over nights
     
    #15     Oct 3, 2005
  6. thats definitely not a genesis deal, they dont give that kind of leverage, are you sure you are not trading fx? :)

    that leverage is unheard of
     
    #16     Oct 3, 2005
  7. no i just trade the equity market but i would love to learn forex and ill teach you how to trade listed:)
     
    #17     Oct 3, 2005
  8. he's not directly threw genesis. 100-1 says you're trading under a guys llc. you don't have a series 7 i bet. no firm gives 400-1 directly. i guess with 5k who cares but god help any guy with 25 or 30k under your llc its gone in any big selloff. your guy has no controls to mange 400-01 risk
     
    #18     Oct 3, 2005
  9. RNRBAND

    RNRBAND

    im .0052 ALL in average doing 2.5 mil a month
    i get 60-1 bp
    hows that sound?
     
    #19     Oct 3, 2005
  10. Sounds like bait 'n switch!

    :D

     
    #20     Oct 3, 2005