Benefits of trading Prop

Discussion in 'Prop Firms' started by Rowan128, Jul 27, 2005.

  1. Rowan128

    Rowan128

    What are some benefites with trading with a Prop type firm vs. trying to trade on your own $50,000 account?
     
  2. LEVERAGE
     
  3. you are around people who know how to trade.
     
  4. zdreg

    zdreg

    hasn't this subject been covered on number of threads.
    is the initiator of this thread incapable of doing a search?
     
  5. Be very careful. leverage is also a killer when you arent trading well.
     
  6. Rowan128

    Rowan128

    Sorry I just became a new member today, just asking a question, geeezzzz................
     
  7. Truff

    Truff

    Are you incapable of just answering him instead giving him a rude response?
     
  8. Not to disagree, but that's not always the case. There are enough failed firms to prove otherwise. Although, it is probably a better alternative than trading at home for the most part.
     
  9. Truff

    Truff

    Rowan, don't listen to these guys. they have nothing better to do. One major advantage to prop is of course the higher leverage. Not sure the quality of traders will be better though. Also you might find a prop deal where you don't have to put up any $ which is always nice. Godd Luck!!
     
  10. Rowan128

    Rowan128

    Truff...

    How do they factor in your losses if you don't front any money?
     
    #10     Jul 27, 2005