What is the best deal out there??

Discussion in 'Prop Firms' started by gimp570, Feb 2, 2003.

  1. I suppose you did not pick up on his thinly veiled sarcasm.
     
    #11     Feb 3, 2003
  2. Try Bright, Echo, or Andover. All allow remote and are pretty good guys.

    For 2 million a month, you should be able to get at least as low as .004 + ECNs or .006-.007 (ECNs included).

    Prop is better than retail, more leverage.
    They should let you start for as little as $10k.
     
    #12     Feb 3, 2003
  3. jorges

    jorges

    I suppose you did not pick up on his thinly veiled sarcasm.
     
    #13     Feb 3, 2003
  4. jorges

    jorges

    not true........
     
    #14     Feb 3, 2003
  5. if account size/leverage is not an issue, is prop much better than retail. can retail guys get bullets. ive seen a prop guy trade with those once and it was great! how about fees, trading platforms, etc.

    thanks QQQBall
     
    #15     Feb 3, 2003
  6. I don't know of anyone trading 2 million shares per month and getting a rate of .0040 or better, in fact .0065 is probably about the best deal you are going to get. Be wary of those traders who talk a good game but can't bring it when it counts. And to all those traders out there, here is the challenge:
    What firm is offering you .0040 for 2 million shares. Prove me wrong. Be specific, or don't waste your time talking smack!
     
    #16     Feb 3, 2003
  7. I said .004 before ECN fees. .004 without ECNs is about equivilant to .0065 including ECNs. (Firms usually tacking on .0015-.0025 to cover their ECN charges).
     
    #17     Feb 4, 2003
  8. If the guy was doing 2 mill shares a month, he would know the best deals out there because the firms would be beating a path to his door....and as far as .006 per share, Please, for 2 mill. per month he would know damn well he could walk into a half dozen offices and make his own deal for much less
     
    #18     Feb 4, 2003
  9. taodr

    taodr


    Damn right !
     
    #19     Feb 4, 2003
  10. jorges

    jorges

    There are definetly deals out there better than .0040 for this type of volume. PM me and I will share my thoughts. No smack. Only facts. :D
     
    #20     Feb 4, 2003