what is the "edge"

Discussion in 'Prop Firms' started by neveragain, Feb 27, 2009.

  1. besides the leverage on stocks ...how a prop firm is better than IB for retail traders?
     
  2. One word: coaching.

    If your prop firm does not offer quality coaching and training, leave!

    Also, make sure that you don't enter into a "lock-up period" on your capital. Confirm that you can leave whenever you want.
     
  3. I think some people get to pay less for comission.
     
  4. Well real prop firms offer multiple "edges"

    1. exchange rate commisions
    2. fastest connections to the exchanges anywhere
    3. lots and lots of capital to work with
    4. training/strategies to trade
     
  5. rhamos

    rhamos

    Ditto Youngtrader...I don't think I would ever leave the prop game. Exposure to successful traders is also a huge plus.