YTR - YourTradingRoom.com review | Trading Reviews and Vendors


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YTR - YourTradingRoom.com review

  #7 (permalink)

Fortitudo et Honor
Austin, TX
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: Futures
 
Posts: 882 since Mar 2011
Thanks: 128 given, 710 received

Here are my thoughts. I think YTR is nothing more than a prop trading firm that is able to keep large numbers of potential traders available, without actually having to pay them or commit to them. That way, they can always ride the horses that happen to be performing best as of late. They never have to go through any effort to switch horses to someone who has a hot hand and they always have a fresh group of candidates via the whole education and training aspect. It's pretty brilliant actually. They make money off the recruiting process, compared to typical prop trading firms that spend $ on human resources and bringing talent in.

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