thats why i bring along my certified tax returns and my K-1 statements with me. i've seen my share of bullshitters too...i don't mind fronting money (actually, i'm expecting to)...however, when all they ask is that...and nothing else about trading..it's a bit daunting. see what i'm sayin?
I totally agree. Although it has been tough for many experienced traders lately, a capital contribution shows alot of things, especially confidence in yourself and your trading.
You are hilarious. Your missing my point. What is it you don't understand. That should be the FIRST question any firm should ask their traders. If you can't put up the money, then you obviously aren't worth the time. That is what got WorldCo on trouble in the first place. A bunch of under funded kids that didn't have a clue what they were doing, just churning and burning with negative capital accounts. The reason you are asked to put up money is so you have a VESTED interest and a firm is just not wasting their time by simply adding volume with inexperienced traders. If you have the EXPERIENCE and proven STRATEGY, then coming up with a freakn measly 10K should not be an issue.
This is such an idiotic idea. Are you that much of a cheap-o? Do you count pennies everynight before going to sleep? If you had a clue on how limited partnerships work, taking monitors or any properties would be considered "stealing"...as we're not entitled to such assets.
Obviously you are not a business man (never will) and don't know the meaning of the RISK of doing business. What's wrong with putting up a couple of thousand? Is that too much to ask for since you claimed before that you were making some serious money. Why are you so afraid?
obviously, you come from a different background where firms have NO confidence in traders they bring in. as surprising as it may be, but we've already found several interested parties that are willing to integrate our group into their outfits with no cap down. these are firms that KNOW what good traders are and we have all the paperwork to prove it.
I was just trying to be funny but since you've been rude to everyone so far. I have to say that why don't you get a life some where else. Stealing??? Who's stealing whose money right now??? Worldco wants their assets back then give back the money. Fair trade don't you think?
LOL! I better not insuate anything else involving baseball bats. I don't want the NYPD showing up at my door....especially since I live in CANADA! Axe
are you THAT dense. can you read? i'm not saying putting up cap is wrong. i'm saying that if a firm is ONLY interested in your cap and not interested in the potential volume you can bring...they are a bunch of nickle and dimers. clearly, YOU are not a business man (never will). we've already got several offers NO CAP DOWN from various places based on our proven numbers. so, just go and try to squeeze out that $50 a day and shut up.