Just to show actual numbers, nowhere near what's being quoted here...(I have not read the whole thread, just saw these "interest" numbers). Say you put up $50K, we offer you 6 times that with no "haircut" or risk fee (you will pa Goldman a very small amount). That's $300K total. Then, if you need or want more capital to use, you can get between 6-10 times your equity for 2% per year, so essentially you're using 10 times your equity for less than 1% per year to us, and about 2% to GS (it varies of course). Just some facts, just trying to help. Happy Holidays everyone!! Don
Don, how about this for new traders. How about no licenses. Say they put up 50k, we'll give them 2.5 million in buying power (to use not abuse of course). No restrictions on shorting. We won't charge them a penny for the capital. In fact, we may even pay them interest (albeit very little). No software fees, no extra capital charges. They can also trade around the clock. What else. I don't know a free t-shirt, maybe a coffee mug? What do you think?
No,you put $300K without any contribution from my side,and i`ll trade it for 10% per year of the interest.