good deal ?

Discussion in 'Prop Firms' started by onava, Jul 15, 2011.

  1. onava


    I mate of mine was offered a prop deal.. they give him a 5m stoploos for the year and he gets 10% of what he makes + a lowish salary ..

    is that a good one ?
  2. onava


    is it that bad ?
  3. ....Terrible.

    Standard is 40% to 60% of the profits.
  4. JamesL


    I believe he is talking about a different type of prop deal that most here never will see.
  5. onava


    anyone else. i was hoping there would be more advice..
  6. Uhhhh

    With a 5 million dollar stop loss, he is expected to make at minimum 10 million for the year.

    If he reaches his goal, he's a millionaire.

    10% of 10 million is 1 million

    Plus, he gets a salary.

    In the end, it comes down to how good this guy is....
  7. I'll take it, sign me up. Send me a PM....

    I'll do them a favor, and just keep the first $million, save them $4million.

    (seriously, do you think this is legit? Come on).... where is the contract?

    Don :)
  8. emg


    u didnt have a good deal. The reason is, u are posting it on ET.