big changes at Generic Trading?

Discussion in 'Prop Firms' started by Cre8UrF8, Jun 30, 2005.

  1. it's not BECAUSE they ask you to put money, then they are scum.

    but props that don't ask for deposit definitely have something to offer the trader they hire - otherwise, how will they profit?

    while for the classic prop (bright, generic, etc.) - they'll profit by simply having the trader churn his account till his death and replacement by the next sucker.

    a very few profitable traders like yourself, that go prop for the extra leverage, don't change the overall picture.

    one last thing - this is not 'my theory', as you put it. rather, it is their business model.
     
    #31     Jul 9, 2005