shit don you're rates at .007 were the same from 2002. .005 puts you rates back to 2004. hell i was paying .005 all in no ecn fees back in 2003. anyone who pays over .003 and 20-1 at a prop house is a fool. remember all those prop houses are paying less than $1/1000 so do the math on the monster money they make. every major prop house is grossing low to mid 8 fig's in overides. were talking $10-$40 million
Must be because all those "hundreds" of forlorn and displaced Wall Street types you were bragging about. Right Don?
With $ 25,000 to fund my account what type of training / mentoring do you offer? Are traders still making money using your methods? I currently have a separate $ 15,000 futures account, can I combine all my funds with you and still trade futures? I don't need much leverage on the futures account, I would like to keep around $ 1,000 per contract for day trading, and normal $ 5,500 per contract for overnight. Looking for training 1st, and going live say 4 - 5 months down the road.
Forget rates, just lease out seats with nice juicy algos running , where you have to press ON at 9:30 and OFF at 4pm. Collect easy money, rinse and repeat. How come no one is doing this? Who trades by hand anymore?
Don, On another thread you mentioned you were looking into being able to take on unlicensed traders, any more information on it? Thanks
Just being curious as I am contemplating if I might go that road. What is the minimum one has to bring along to trade. How much leverage can you get intraday ? How much leverage can you get overnight ? I would trade remote. Thanks.
Actually our "JVC" traders are doing just that, "fully" automated pairs trading. They still trade "normally" in the standard accounts, the automation is just an adjunct, but seems to be working well. Don