Rumor - is Mac/Refco in trouble?

Discussion in 'Prop Firms' started by asdftrader, May 26, 2005.

  1. FredBloggs

    FredBloggs Guest

    same old, same old.....

    20% of treaders making 80% of the profits

    the other 80% of traders get stuck on simulators etc so as not to cost the company too much

    the 20% that are making $ supporting those who aint.

    most prop shops are the same i imagine.
     
    #61     May 30, 2005
  2. Yeah we know this. But what are they doing? Just banging the keyboard like those 5 trillion monkey's trying to write Shakespeare at random? Or doth they do something more tangible.
     
    #62     May 30, 2005
  3. Doublechin,

    Do you mean its slow to execute trades because of the distance from Europe?

    Runningbear
     
    #63     May 31, 2005
  4. dsguns1

    dsguns1

    Kam,
    Just dont think people should openly talk about individuals on this site. But youre right, everyone is welcome to thier opinion. Ive been in this business for ten years and have no interest in an online shouting match with someone still wet behind the ears.
    I only made those comments earlier in the post, because its a common tail in this industry-people lose then blame others, their system, comission, slide their way into another firm, then do the same thing all over again. Its only when they have legitimate responsibility (and dont have their parents credit card anymore) that they realize they are onbly hurting themselves.
    Seems like Pall is pretty ANGRY though. Funny, I thought I was the one being sued. Shouldnt I be mad?
    I asked about people severing their deals in hopes of getting some feedback on how to handle a common situation (btw thanks for the posts).
    Lastly, the only thing I was defending regarding RTS were the two managers being talked about the site. They really are not bad, and I happened to get on well with both of them. But again, we'll have to agree to disagree.
    Best of luck to everyone. I hope everyone continued success.
     
    #64     May 31, 2005
  5. #65     May 31, 2005
  6. emjroll

    emjroll

    So now that everyone is in agreement that RTS Chicago has taken some major hits and needed some mgmt replacement, what do you guys think of those that are in charge now? What's the potential for the new training program? Is signing up in Chicago suicide? And do you even have a chance to be competitive without TT?
     
    #66     May 31, 2005
  7. did they ax MB ???
     
    #67     May 31, 2005
  8. emjroll

    emjroll

    i'm hearing that a guy name Erich is in charge of training
     
    #68     May 31, 2005
  9. no he left on his own.. as far as the new changes..i spoke with a few of the guys and they sounded upbeat. but i really dont know anything about the new mgmt...
     
    #69     May 31, 2005
  10. emjroll

    emjroll

    nate....would you sign up as a new guy in the chicago office? why/why not
     
    #70     May 31, 2005