Opening a prop trading branch

Discussion in 'Prop Firms' started by nddndd, Mar 7, 2007.

  1. nddndd


    I have a friend who wants to open a prop trading branch but I think the business is rather risky.

    How can the traders make money by day-trading? Only a small fraction of day-traders can make money and he as a branch owner, surely will be broke because of the commission charges? Is this correct?