Prop firm leverage

Discussion in 'Prop Firms' started by jasrlew, Jun 3, 2003.

  1. jasrlew

    jasrlew

    Are there any fine print questions I should ask concerning the leverage the prop firms offer? Are the majority of risk departments generally good enough to catch a mistyped order (knock on wood)? What about a worse case scenario in which you're fully leveraged and it drops 5% at the same time a trencher cuts the cable providing internet service? Thanks in advance and I appreciate the feedback.
     
  2. in that scenario you probably would lose a bunch of money IMHO.
     
  3. The good firms have automated risk management with one live person on the screen. Not much to worry about.