What prop firms have you worked with and which ones do you recommend or not?

I disagree. having different routing options does indeed matter. there are quite a few scenarios in which having the better execution speeds assist even in manual/non-hft trading.

 

we were not discussing routing opions but speed to the point of execution.

what specific manual scenarios are you referring to?

 

This is very good advice.

 

Our people who put up $50k can use $1million or more. If you're good enough to make 5% on your $50K, why not make 10 or 20 times that. One example, many other reasons.

Don

 

how many times do we have to go over this?

if you like trading stocks

and are making consistent money

but you don't have enough to do it full time

then you are a good candidate for a prop firm

 

if you like trading futures or forex, and can afford to open an account with 25 to 50k, you probably already have enough to do it full time.

that is, if you are consistently profitable

if not, it don't matter how much money they give you

as a matter of fact, the more they give you the worse it is going to be

if you are a stock trader, with 25 to 50k, you go to the prop firm to get money you couldn't get otherwise

I really have doubts about a trader's eventual success when they can't even figure out how this simple deal works

we're not even talking about trading the market

we're just talking about filling out an application

sort of like what you do when you apply for a drivers liscence

 

You are no longer 25k buy-in?

 

Inflation...blame the Fed.

 

Anyone who is good enough to make 5% can be unlucky enough to lose 5% so 20 times that will wipe out 100% of their 50k. :eek:

 

lol... more like hyper inflation... ... still a good deal though, it will certainly show who is determined or not given that $50K is a decent amount in anyone's book....