Looking For Prop

eX-CBOT member/floor/screen trader looking for prop firm outside of chicago or NY.

Boca Raton sounds appealing.

Anyone care to share actual experiences with firms down there?

Would prefer Prop but could trade own capital.

Jason G

 

If I were you I would trade my own capital. 100% cut of the profits!! you cant beat that.

Its nice to trade props capital but you only make a small protion of that.

 

You can trade prop and get a 100% payout.

 

What prop shop gives you 100% of all the profits??
How would they make money then?

 

what pit were you in?
are you licensed?
how long before CBOT closes floor?

 

From what I know; they make money on commiss.

-Fast

 

The only time you should ever split profits is if you have no money up. If you can fund a prop account ($25,000), then you should NEVER accept less than a 100% payout.

Do your homework and get the best deal (this doesn't just mean rates...it means software, news, benefits, etc) .

Volume

 

I C, I wanst sure how they worked

 

I would read threw the different threads about prop. firms...then contact all of them. Get a good idea about what they are all about. Then go with whom ever you feel the most comfortable. The are very good deals out there. Good luck

M