Es Prop Offer

Discussion in 'Prop Firms' started by profitseer, Nov 3, 2002.

  1. You put up 5k. I let you daytrade 1000 SPY or hold 500 shares overnight. Charges are 2.40 per side, no other charges. You trade remote and pay for all your own software, I provide order entry system. Payout is 100%

    Put up 25k and it goes to 6000 shares day and 3000 overnight

    I have a special deal with the IRS and can get 60% of your profits taxed at the lower long term capital gains rate.

    Good deal or not?
     
  2. Sounds good to me!
     
  3. Can you provide some details on this special deal?
     
  4. http://www.irs.gov/pub/irs-pdf/f6781.pdf

    (line 9)