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YTR - review

  #9 (permalink)

Pickering, ON
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: 6E
Posts: 41 since Aug 2009
Thanks: 145 given, 43 received

RM99 View Post
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.

Bang on!! My thoughts exactly.

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