Well, beyond our boy Don putting down any firm other than his, which is total BS. The firm is great, they use Laser, I was with them, but left for a better deal that I was offered, you can negotiate everything with them. They gave me the leverage I needed to trade my style and was great, a great firm, and they will be on the rise and hope they improve even more. Be sure to talk to Ivan Huang directly at Trade Vision Capital. www.utropix.com/jmowery/PropFirms.html There is a list of prop firms I have compiled, I need to update it soon. Don, I don't know what your issue is, but your starting to lose your credibility, by posting attacks on every other firm. I think it is time to chill, your attacks on other firms make you sound desperate for traders Your actually making Bright Trading sound like crap. I'm just giving you an unbiased opinion, you don't help Bright Trading by bashing other firms, it just makes your firm seem desperate. Might want to rethink the way you approach this. I'm trying to help all prop firms by getting the important names out of great firms, and have compiled a list, but you are just hurting BT. But TVC gets a thumbs up from me, I think Trade Vision Capital and Cy Group Trading, and Guardian Trading are the best sub-accounts of Genesis there are.
Excuse me if I'm wrong, but are you saying that I'm advertising for Trade Vision? I'm not. I'm busy investigating a number of prop firms right now. You can look through my posts to see this for yourself. Also, I too am starting to share your feelings for Don. He tells us that a firm might be great and that he'd say that himself if they called him and they assured him of their worthiness, but at the same time he asks us why we would even consider any of these firms. Because they might be great, that's why! Really, how stupid do you think we are, Don. And as far as doing due diligence goes, that's what I'm doing right now. That's what I was doing before you butted into this thread. I'm contacting companies and getting information from them, and I'm also trying to contact customers of those companies in order to get unbiased information. Stop treating us like fools. One final thing Don. Who are you that other firms should call you up to prove to you that they are not frauds? Isn't taking that attitude a bit arrogant of you?
I'm moving right now, which is exactly why I had enough time to make that list. I was on a per-share deal at a higher rate from when I initially started. I'd rather go to a firm that has a per-ticket deal or a very low commission deal and do a split, which is what I'm doing right now. Trade Vision Capital is a great firm, just make sure you negotiate a good rate. Asking for .007 back then wasn't a smart idea I really left because Trade Vision Capital would rather do a per-share deal at 100% trader payout, then per-ticket deals at profit splits (which is good because TVC is protecting themselves that way because as long as traders don't explode and have good risk management, they still make profits off commissions, not trader profits) I'd suggest any trader negotiate for lower than .005 at least. Which I'm sure you can get from TVC. It is a great firm, and they pay their traders. If you want a per-ticket deal, there are other options. I'm sure you'd get much lower rates there than any retail firm, or at Bright Trading === I'm moving to a firm that offers Sterling Trader Pro, because I like that software much more than Laser, it's just personal preference, and is why I left and didn't wait to negotiate a lower deal. So that is the real reason I left. My views from what I know: Trade Vision Capital - personal experience, they pay on time, great group, gave me 30 to 1 leverage as a special request for my trading style with $1,000 deposit as special request. *since I was new to prop trading* Cy Group Trading - will pay software fees, seems like a nice bunch, have a friend that trades with them who is also at .007 per-share but doesn't trade as often Guardian Trading - seems to offer some great deals, they have $2 per-ticket at 95% payout or .0025 per share, but I have no experience with them personally. Ask each of those firms which will give you the best deal, and take it, I only have personal experience with TVC though, and did enjoy it, just time for me to move on. The current deal I'm getting ready to move to is .001 at 80% payout, which will work out better for me and I'm excited to get back into the game.
Well that's good to hear. I've talked to Ivan numerous times, and as I said before he was very prompt. I didn't get into financials or anything, and I'm not even sure I'd know how to truly comprehend it. I agree that Laser software is weak. Other than the Level II window, which somehow works better for me, the charting was disappointing, leaving me no choice but to link to Esginal, at least for my style of trading.
ProphetX is great, and they said they will be working on software integration with Genesis in the future to include linking. You could probably save yourself at least $50 a month or more depending on what exchanges you want. Charting was weak in Laser though, but I did like how the hotkeys were set-up, plus it is reliable software. But since I no longer use eSignal (those bastards... grrr) Well, charting was difficult only with Laser. So had to move on to software with better charting.
What was wrong with the charting in Laser? Was it missing some important features, or was it buggy? Does it allow you to draw trend lines and Fibonacci retracements?
I'm just a picky SOB. I like to have my charts display the data in certain ways. I sometimes use a 2 minute chart just for experimental purposes. You can't go back in the past with their charts, only the current day. It is fine for a lot of people, but I just think the charts are very important in my trading, and I like them to be exactly how I need them otherwise I'm not happy. Also it does allow you to draw trend lines and horizontal lines, but it is very difficult to access them. Fib retracements, I do not believe are possible, but I don't use them. It is fine for a lot of people, but I just like to be able to modify my charts to my needs, and their charts don't allow for that much customization. But this is a problem with a lot of platforms. For example, I think the Realtick platform has amazing charts that are very customizable, which i believe has been designed by Tickquest or something. I also like Sterling Trader Pro charts as well. Blackwood, Das Trader Pro, Laser, I think can use improvements to their charts. Anvil doesn't even include charts. But this problem is common with a lot of platforms, and some platforms don't even offer charting, so it is just a matter of finding a chart provider, I like ProphetX, just better and more bang for your buck when compared to eSignal. Quotetracker is also good as well. Overall though, Laser is an amazing platform, and they always have updates. Laser, Sterling Trader Pro, Anvil, are definately the top platforms I have experience with that I like. I just like Sterling Trader Pro. I want to try out MLX Pro, but only EchoTrade is going to have it soon. I'd give Laser an 8 out of 10, Sterling a 9 out of 10 and Anvil an 8 out of 10. Still have yet to find a platform with a perfect 10, probably never will as I'm not easily satisfied anyways.
If you trade size you can negotiate. I have a couple bucks there and I have not had one problem. Laser is nice execution platform. Charting needs some work. Call Ivan or send an email. Tell em what you're looking for and see what they can do.
I don't think he graduated high school. He was a used boat salesman before he went to work for his brother trading at Bright trading. That's right, a used boat salesman. You know, the same as a used car salesman, but he sold used boats. LOL. Seriously, he really did. Ask him. Car salesman, are slimeballs and boat salesmen have slime on the bottom on their boats so they are more slimy.