"Non professional" vs "Professional" - Traders Hideout | futures io social day trading
futures io futures trading


"Non professional" vs "Professional"
Updated: Views / Replies:673 / 4
Created: by CamNel Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

"Non professional" vs "Professional"

  #1 (permalink)
Trading Apprentice
Sherwood Or
 
Futures Experience: Intermediate
Platform: Ninja Trader, WindoTraderBlue
Favorite Futures: ES
 
Posts: 4 since Aug 2015
Thanks: 2 given, 0 received

"Non professional" vs "Professional"

Hello!
I am curious about the professional vs non professional distinction and its impacts. If someone was to trade for a prop firm and become considered a "professional" and then go back and trade a personal account does it change anything for them trading that personal account? Do they declare themselves as a "professional" for an account and data even if they are only trading personal money? What is the differences in terms of data and a brokerage account if considered a "professional"? How long does that stay can you ever go back to a "non professional"
Thanks!

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,933 given, 2,786 received
Forum Reputation: Legendary



CamNel View Post
Hello!
I am curious about the professional vs non professional distinction and its impacts. If someone was to trade for a prop firm and become considered a "professional" and then go back and trade a personal account does it change anything for them trading that personal account? Do they declare themselves as a "professional" for an account and data even if they are only trading personal money? What is the differences in terms of data and a brokerage account if considered a "professional"? How long does that stay can you ever go back to a "non professional"
Thanks!

1) A prop firm is the one paying the fees per user. If they want to share/impose the fee on you, this between you and them. A prop firm in my opinion would be considered a professional.
2) Pros pay higher fees for data. However, this has nothing to so with brokerage and commissions.
This is between the prop and the broker, however, a prop may elect to have a membership that could reduce their exchange fees.
3) I am not aware of any time period switching between being a pro and non-pro.

My last advice is to contact the market data department in the exchange you with to be a part of. I assume CME?

Thanks,
Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following 2 users say Thank You to mattz for this post:
 
  #4 (permalink)
Trading Apprentice
Sherwood Or
 
Futures Experience: Intermediate
Platform: Ninja Trader, WindoTraderBlue
Favorite Futures: ES
 
Posts: 4 since Aug 2015
Thanks: 2 given, 0 received

Thank you for your help

Reply With Quote
 
  #5 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,353 given, 83,234 received

Existing threads:

https://futures.io/traders-hideout/30300-professional-non-professional.html

https://futures.io/elite-circle/30240-professional-vs-non-professional-trader.html

https://futures.io/ib-trader-workstation/28969-market-data-non-professional-vs-professional.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:

Reply



futures io > > > "Non professional" vs "Professional"

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fantex: buy and sell "stock" of a professional athlete shodson Traders Hideout 1 October 21st, 2013 03:52 AM
Saxo Bank's 10 "Outrageous Predictions" For "2012: The Perfect Storm" Quick Summary News and Current Events 0 December 17th, 2011 08:10 PM
Fukushima: "China Syndrome Is Inevitable" ... "Huge Steam Explosions", or "Nuclear Bo Quick Summary News and Current Events 0 November 22nd, 2011 02:50 AM
How to change "Stop Loss" and "Take Profit" in "shElderImpulse" Strategy javed759 NinjaTrader 1 November 1st, 2011 11:44 PM
"mid", "buy", "sell" volumes lokgotkent Traders Hideout 6 September 30th, 2011 02:24 PM


All times are GMT -4. The time now is 08:25 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-15 in 0.10 seconds with 19 queries on phoenix via your IP 54.234.247.118