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have you dealt with pulsarcap they sound intriging if you have no money to trade


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have you dealt with pulsarcap they sound intriging if you have no money to trade

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  #1 (permalink)
london
 
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has anyone had any dealings with www.pulsarcap.com
they are a prop firm that "back you 100%" on payment of 300gbp to take a test which you must pass - this sounds intriguing - they do not offer training but back people who can prove themselves - they open an account i their name and you can withraw 70% of what you win - losses are covered by firm

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  #3 (permalink)
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anniebee321 View Post
has anyone had any dealings with Pulsar Capital Limited
they are a prop firm that "back you 100%" on payment of 300gbp to take a test which you must pass - this sounds intriguing - they do not offer training but back people who can prove themselves - they open an account i their name and you can withraw 70% of what you win - losses are covered by firm

There is a decent thread on them here.

I corresponded with them via email a short while ago. Although they always answered my emails anonymously, they were timely and they seem to be the real deal.

There was also recent press about their expanding into other countries to seek out traders.

Note that they want to you generate the desired performance using no leverage during the testing period.

That's a pretty tough hurdle IMHO.

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  #4 (permalink)
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Thanks for your comment @drmartell.
Interesting anyhow.

P.s. Should be checked if they give u really the job after the test period......

Take your Pips, go out and Live.
Luke.
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  #5 (permalink)
Italy (IT)
 
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I read the thread on T2W, no news from 123 Trading member after the first attemp, it would be interesting hearing something from him.

Take your Pips, go out and Live.
Luke.
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  #6 (permalink)
london
 
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true lukegeniol,

what is 4 sharpe ratio - does it mean you win 4 times as much as you lose?

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  #7 (permalink)
las vegas
 
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I don't know anything about it really, but I've never had to give an employer money to get a job before. Do you know what the 300 is for?

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  #8 (permalink)
london
 
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the 300gbp is to take the test and have them assess it - i did ask for an explanation of this
but did not get a real answer

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  #9 (permalink)
las vegas
 
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It doesn't quite sound right to me. The cost to administer an in-house test would be minimal and I don't see the 300 as a screener, the test itself should be the screener. Some companies require certification through a third party or payment for a drug test, but HR is not typically a profit center. Assuming it's legit, I'm still not sure I would want to work for a company that treats it as such. I would consider it an indication of how they probably view and treat their employees. If you give it a shot, I would be interested to hear how it turns out though. Either way, good luck.

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  #10 (permalink)
Italy (IT)
 
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anniebee321 View Post
true lukegeniol,

what is 4 sharpe ratio - does it mean you win 4 times as much as you lose?

No @anniebee321, it's littyle more complex Understanding The Sharpe Ratio.

Take your Pips, go out and Live.
Luke.
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