Prop or Individual

Discussion in 'Trading' started by Ghiorghies, Jan 8, 2024.

Prop firms or personal funds?

  1. PropFirms

    3 vote(s)
    27.3%
  2. PersonalFunding

    8 vote(s)
    72.7%
  1. ajacobson

    ajacobson

    Neither - Backer at a family office, especially with your geography.
     
    #11     Jan 8, 2024
    Ghiorghies and murray t turtle like this.
  2. why?
     
    #12     Jan 8, 2024
  3. %%
    Amen, if one can stand to work for some else, his poll favors that also.
    But you would probably learn some things even working briefly for some one else.
    Actually could learn some more things , even not working for them.
    There is also benefit in reading olympic champs also;
    LoLow Jones noted she like to read.
    6 time olympic champ Kim Rhodes like to shoot a lot /Hi volume /good for her \ i dont want to shoot that much:caution::caution:
     
    #13     Jan 8, 2024
  4. schizo

    schizo

    So who amongst us here on EliteTrader has ever made any money via Prop outfits? Name one trader. It doesn't even have to be a large sum.
     
    #14     Jan 8, 2024
    SimpleMeLike and murray t turtle like this.
  5. %%
    LOL\ I know 2or3 but it proves your point;
    Don + Bro Bright @ Bright Daytrade Co LOL:D:D
    Lord Almighty/ I feel my temperature risin' /
    higher + higher /
    like a sweet song of a choir.
    Burning Love Song/anti global cooling song /Elvis Presley .>82,077,777 video Views
     
    Last edited: Jan 8, 2024
    #15     Jan 8, 2024
    Ghiorghies likes this.
  6. ajacobson

    ajacobson

    "Why?"

    Better economics as you demonstrate your continued success
    Better capital availability again as you demonstrate success
    You're building a future at their expense
    There may be a permanent relationship down the road
    You learn to play well with others
    Technology and resources may already be in place
    Family offices are often hungry for talent as few consider them
    No risk sharing other than your time, which is not an irrelevant cost
    They generally recruit from the professionals who cover them and those can be very expensive hires - so you may come in cheap
    Engaging with other professionals

    Getting in the door can be difficult - generally less likely to buy performance reports and more inclined to hire people
    Singapore, San Francisco, and Zurich are the centers of the FO world
     
    #16     Jan 8, 2024
    Ghiorghies likes this.
  7. ironchef

    ironchef

    @padutrader?
     
    #17     Jan 9, 2024
  8. schizo

    schizo

  9. ironchef

    ironchef

    #19     Jan 9, 2024
    VPhantom likes this.
  10. ironchef

    ironchef

    Easier said than done. I think Prop is easier.
     
    #20     Jan 9, 2024
    Ghiorghies likes this.