Cy trading Group

Discussion in 'Prop Firms' started by Jeremy2581, Aug 23, 2011.

  1. Oh, we've tried various deposit amounts. As we, as professional firms go, are being more heavily scrutinized to assure that we enlist serious, profitable traders, we are more driven to a bit higher deposit, to allow for a higher percentage to have some time to become profitable. Since low capital is thep primary reason most businesses fail, we simply go with a number similar to the Pattern Day Trader rule. Our biggest group are serious retail traders looking for a better alternative.

    Saves the trader a fortune in haircut and interest fees as well. Sometimes it takes a while to get profitable. No big deal, the money is safe and secure, just one pocktet to another. As in a no limit poker game, or many business ventures, capital is important.

    Don
     
    #11     Mar 25, 2012