Clearly, you are not only unfamilar with English (moot, not mute) but you don't know much in the way of classic literature either. Shame on you, salmon roll.
OK, well then I'll back down from the FINRA sanction. But two things: 1) Why did Doug drag this thing thru all of that irrelevant crap like the remote viewing consultant, etc ? 2) that 20% payout is far below that of many prop shops. It doesn't appear to be a great deal. Let's see, at a conservative return of 2% per month net profit (+25% per annum), the trader would be getting $5,000 in "compensation" for every $100,000 of capital ? Even if he/she got $1,000,000 of capital, that's still only $50k per year....a little above starting salaries of college graduates. Am I missing something here ?
No one said it was a good deal. Maybe if one of the trader does well he gets 20 million just likevwhat happened with Allen. Who knows
Maybe I missed something, but how do you know traders are getting funded? If traders are getting funded, it would be interesting to hear from them. So let's hear it. Speak up, you funded guys.
Well, at 20 million, IF THEY ARE GOOD, then they are at 1 million net per year. NOW THAT'S NICE ! But again, can someone tell me how Doug got that amount of money ? This is sounding like hedge-fund super-bubble stuff ...i.e. they were throwing around money like crazy ! Am I wrong ?
He is fourth generation Pittsburgh industrialist ultra rich family fortune. Carnegies fricks mellons among many others are from Pittsburgh you get the picture Pittsburg was theVsillicon valley of 1800's. The guy is Rambo Big bucks from the old days filtered down
No benefit to talk about it. If you not funded he didn't like you trading system or something else. No souregrapes from the losers please. Every body had equal footing very fare procedure. Even papertrader given chance to proove worth just no elite big mouth arrogant guru types but a couple long term elite pappper traders
I hear you BUT.... I don't understand why, with all of that money, Doug's got to be renting UPS mail boxes and running a business as a sole proprietorship. I mean, wow, the guy should have an office in Pittsburgh at least something like this: http://www.regus.com/locations/US/PA/Pittsburgh/PennsylvaniaPittsburghFosterPlaza.htm
It is my opinion, after seeing Doug start a website, forum and with all the registration, etc. that this is nothing more than a grandiose way to get free publicity and buzz to build his own site and business. Perhaps in part to build "Patty's" business also. Heavens knows, "remote viewing" says all you need to know about her.