is 40-50 ticks per day doable | Trading Reviews and Vendors


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is 40-50 ticks per day doable

  #24 (permalink)

Membership Revoked
United States of America
 
Futures Experience: Advanced
Platform: NT
 
Posts: 1,149 since Aug 2009
Thanks: 262 given, 473 received

prop for futures?

I never understood why anyone would join a prop firm for futures unless they didn't have to put up any capital to trade. Paying for prop firm education doesn't make sense to me either, since the firm benefits from teaching the trader to make money. Education should be a cost of doing business for the prop shop in a profit sharing arrangement.

Finally, a trader can get the same margin on futures as a prop shop without giving away a cut of profits. Equities prop shops, on the other hand, offer margin a trader otherwise couldn't get.

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