NexusFi: Find Your Edge


Home Menu

 





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


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one LukeGeniol with 7 posts (4 thanks)
    2. looks_two anniebee321 with 5 posts (1 thanks)
    3. looks_3 vegasfoster with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 9,617 views
    2. thumb_up 6 thanks given
    3. group 3 followers
    1. forum 15 posts
    2. attach_file 0 attachments




 
Search this Thread

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

  #1 (permalink)
 anniebee321 
london
 
Experience: Beginner
Platform: ninja
Trading: fgbl
Posts: 138 since Nov 2009
Thanks Given: 64
Thanks Received: 44

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

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - May 2024
Feedback and Announcements
Exit Strategy
NinjaTrader
Better Renko Gaps
The Elite Circle
ZombieSqueeze
Platforms and Indicators
MC PL editor upgrade
MultiCharts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
41 thanks
Just another trading journal: PA, Wyckoff & Trends
30 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
23 thanks
GFIs1 1 DAX trade per day journal
21 thanks
  #3 (permalink)
 
drmartell's Avatar
 drmartell 
Portland, OR
 
Experience: Intermediate
Platform: NinjaTrader mostly
Broker: I've tried 'em all
Trading: ZN, ES, 6E, TF, CL
Posts: 94 since Mar 2010
Thanks Given: 176
Thanks Received: 79



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.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985

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.
Reply With Quote
  #5 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985

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.
Reply With Quote
  #6 (permalink)
 anniebee321 
london
 
Experience: Beginner
Platform: ninja
Trading: fgbl
Posts: 138 since Nov 2009
Thanks Given: 64
Thanks Received: 44

true lukegeniol,

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

Started this thread Reply With Quote
  #7 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
Thanks Given: 304
Thanks Received: 844

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?

Reply With Quote
  #8 (permalink)
 anniebee321 
london
 
Experience: Beginner
Platform: ninja
Trading: fgbl
Posts: 138 since Nov 2009
Thanks Given: 64
Thanks Received: 44

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

Started this thread Reply With Quote
  #9 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
Thanks Given: 304
Thanks Received: 844

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.

Reply With Quote
  #10 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985



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.
Reply With Quote
Thanked by:




Last Updated on November 12, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts