Discussion in 'Trading' started by vince111, May 27, 2008.
anyone traded or have any experience with nevis trading. they are a sponsor at elite trader
Hey what's another redundant thread?
prop trading is the only way to go if you don't have $10,000 CASH or $25,000 CASH to deposit to the RETAIL BROKER.
Other than that forex.
you'll at least $5000 or $10,000 preferred for draw downs to trade futures to make it worth your time.
Prop firms wouldn't need to aks for $5000 cash deposit just to trade for them. i mean they get like a big percentage of your profits for using their capital.
But if prop firm doesn't even have $5000 CASH than they are really a prop firm or hedge fund asking traders to deposit CASH just to daytrade.
anyways if anyone does know about the info. post it here.
prop firms ask for CASH deposit and give them a percentage of profits plus fees fees which i don't want .
if prop firm goes bankrupt, you lose the deposit which isn't insured.
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