Prop shops risk management

Discussion in 'Risk Management' started by sharp10, Feb 5, 2006.

  1. sharp10


    Hello everyone.
    I was wondering if anyone of you trading at a prop shop know exactly the risk management policies in place to prevent any of the traders to blow out the shop and how comfortable you are.

    I am looking for a good shop.
    Thanks to all
  2. if a 9/11 happens mid day i think many a prop shop could be in trouble.with so many 5k down's and 30-1 leverage i can't see how anyone can manage that risk in a huge interday event. thats why eveyrone has 5 or 10k down then thats all you lose as the house would ahve a tough time getitng money from most people
  3. sharp10


    Thanks Joey. Good point.
    I am looking for a good shop, any name you could throw out there?
    I am looking for a total leverage of about 1 to 2 mil.