I will still attend the open house on the 14th. I plan on posting my observations here to help others make a decision for themselves about this firm.
check out CYgroup.... after yrs of being in rooms with traders they seem to be the best, they actually pay there guys and return traders capital . I believe its 10-1 and 90% payout the last i heard.
Sounds like CY and Flat Iron are very similar. I also receive a 90% payout and received full cap back in a few months once I started doing good with Flat Iron.
Wow - these guys sound good. Where are they located ? What trading platforms do they offer ? And, of course, what about the fees ?
Yes went to the OPEN HOUSE. About 20 people or so. They explained their program and fees. You can trade your own money or theirs. $4400 for their intraday trend type trading program. Scalping type program as cheaper ($3400?...cant rmbr exactly) If you trade their money you have a list of stocks that they pick that you are able to trade. Not sure what daily stop loss would be but must be small. Wanted people who were interested to schedule interview next day but didnt go to that. Seemed on the up and up and said they have some guys making 20k/week.
Very strange. Extensive backtesting research indicates trend-following does not work intraday. Countertrend strategies much more profitable.