since there are so many sleazy prop firms out there........i was wondering if a non-profit structure setup would work...........a firm set up by traders (who make money from their own trading rather than commissions) for traders (all profits go back into the business: additional buying power, health insurance availability, better office/equipment, lower rates, etc.).......this way there really is no conflict of interest......if I had a million dollars I would definately set this up........because no one should trade at home........that's just really boring and pathetic.......trading from a professional environment where you have guys working together is the best and healthiest way to trade.......the thing is there are no professional environments out there.......talk to any firm and all you'll hear is a sales pitch......they just want your commissions business and they want you to trade as much as possible.......and if it means blowing out or never moving beyond trading for pennies and developing the worst habits in speculation, then so be it. okay so here's what i'm thinking: once the llc is set up - i guess the initial funding would be a tax write off. platforms used would have to be anvil or lightspeed. no deposits required - this would require little bit higher commissions. 100% payouts. buying power gets allocated based on consistency. greater consistency gets you greater buying power. overnights okay, haircut charged. doing something stupid like putting all BP into a stock before earnings gets you kicked out of the firm. again you have to earn your BP and and hold onto your allocation by practicing solid risk management. training consists of risk management, discipline, and how to deal with stress - just simple stuff. you have to develop your own strategy. traders are encouraged to help new guys for at least a couple of days. offer options/futures through other brokers so that traders can hedge their overnight positions - and move beyond equities.