For Broker Don

Discussion in 'Prop Firms' started by Lucias, Nov 29, 2010.

  1. Lucias



    I don't mean to be disrespectful, and I am still considering to trade with you. But, honestly, there is one thing I don't understand, can't understand, for the life of me..

    You constantly state that your traders use you and your brother's capital for trading. But, I understand that your traders are required to put their own money up. Any money they lose is their own. You make it sound like your traders are risking your money when in fact they are risking their own.

    For clarification,

    1. If I trade with you and lose 5k. Does this come out of the money that I put up?

    2. If the above is true how can you claim that you risk your money on me?

    Honestly, Don you have a traditional broker model and not a prop model. You don't risk any money on your traders. Of course, you risk a mistake and letting a trader put on more risk then in his account. But, this is the same risk any other direct access broker is subject too.

    You may be a great broker and a great trader. I can't say. But, I just can't seem to reconcile how your words don't make any sense.