Prop trading firm with 50k$?

Discussion in 'Prop Firms' started by jr07, Oct 9, 2014.

  1. jr07

    jr07

    Hi

    I wish to join a prop trading firm with 50k$ of my own money that could be leveraged 10x1 so I can have 500k$ to trade. Anyone know of such a firm?

    J
     
  2. Dont be so humble. If you put up such amount of money with a "prop firm" (aka bucket shop) then you can trade at 100x leverage and get a BJ from the big boss. Ask Mr.Bright, he would know :)

     
  3. Al_Bundy

    Al_Bundy

    why would you need a prop firm in this scenario ? just increase your risk 10 times ;)
     
  4. jr07

    jr07

    I can't do much options trading with 50k$.
     
  5. skilluk

    skilluk


    Buy now you've probably already been PMed by like 20-30 firms that want your cash. I don't think you realize that there have been like 100+ "prop" firms that have gone under in the past 10 years or so. Many traders have lost their deposits.
    And considering many options, futures, and options on futures have like 30 to 100x embedded leverage I can't believe that 50k is not enough money for you trade.
    The only thing every trader doesn't have enough of is discipline and an edge. Money and leverage are usually never the real issue.
     
    Last edited: Oct 13, 2014