Discussion in 'Prop Firms' started by trader963, Aug 23, 2002.
After he posted the link, I just had to laugh...
Most traders pay almost 50% of their gross in commissions! You can I save you money!
Can I please only trade nazcrap and get paid out a whopping 70%????
Thanks for opening my eyes dude...you rock!!
yea you can!
Thanks we can rock together!
Hmm, let me think about that - you are almost right in my case - I pay about 1/3 to 1/2 (on bad days) of what I make in commissions.
Somehow, it still doens't jive ...
One thing tho, I don't trade anything that has more symbols in the name then years that the company has been around - let's see, that eliminates 98% of all NASDAQ. So any listed?
I sent a pm with my personal address so you can mail me a personal check. I appreciate the commish!
I think you would make more money if you traded nasdaq, it's you and the market place.
It was a joke.
How long have you been in the business? If you have been in the business for any amount of time, you would have seen that a great number of the naz traders are switching to listed.
One thing to remember, if it sounds too good to be true...I hope you know the rest.
JW, what are the advantages of trading listed over the NASDAQ stocks?
I know of a futures prop firm (used to trade there) in the Chicago area that kept a trader for four years, even though he personally never made a penny. I know of other examples in Chicago about prop firms keeping alot of "unproductive" dead wood around. Why do you suppose they keep them around?
the more pertinent question is: why would someone who never made a penny for 4 years still trade???
Separate names with a comma.