Trading Arcades have had their day

This is a discussion on Trading Arcades have had their day within the Trading Arcades forums, part of the Trading Career category; Regus are expensive. A group of us are at http://www.easyoffice.co.uk/our-loca...t-mayfair.html for about half the cost of regus. There are currently ...

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Old Apr 12, 2010, 7:53am   #25
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Default Re: Trading Arcades have had their day

Regus are expensive. A group of us are at http://www.easyoffice.co.uk/our-loca...t-mayfair.html for about half the cost of regus. There are currently two six, an eight and nine person offices available here. The nine could probably accommodate twelve. As a nine it is £60 a week plus vat, plus £5 a month for internet with 19ms ping time to speedtest.net. Rent is payable six months in advance. We operate as a co-op/not for profit.
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Old Apr 12, 2010, 8:47am   #26
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Anyone interested, PM me to arrange a time to see the building and office space. It is without doubt the best value you will get for the location .. we have been here 3 months now and have no complaints.
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Old Apr 12, 2010, 8:50am   #27
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Quote:
Originally Posted by just21 View Post
Regus are expensive. A group of us are at http://www.easyoffice.co.uk/our-loca...t-mayfair.html for about half the cost of regus. There are currently two six, an eight and nine person offices available here. The nine could probably accommodate twelve. As a nine it is £60 a week plus vat, plus £5 a month for internet with 19ms ping time to speedtest.net. Rent is payable six months in advance. We operate as a co-op/not for profit.

...but do they charge extra if you bring a bag with you?
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Old Apr 12, 2010, 11:35am   #28
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Default Re: Trading Arcades have had their day

weakpunter started this thread I can tell you something for nothing,
I think we are onto something with this thread, Id like to see an Arcade
rep challenge us on here,as you can see theyve got no bottle because
they know we are right
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Old Apr 13, 2010, 1:41pm   #29
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well done all of you working out the con the arcades have had over everyone since the floors shut...complete boiler houses the lot of them (one in particular based around leadenhall mkt springs to mind whose training for the new recruits was a bloke who blew out every single time on the floor...thats right, he never, ever had a home run!) ran by some very insecure not very nice people. i wish you people the best of luck getting something going...
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Thanks! The post above is recommended by: N Rothschild
Old Apr 13, 2010, 2:43pm   #30
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Default Re: Trading Arcades have had their day

weakpunter started this thread
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Originally Posted by Pitscum View Post
well done all of you working out the con the arcades have had over everyone since the floors shut...complete boiler houses the lot of them (one in particular based around leadenhall mkt springs to mind whose training for the new recruits was a bloke who blew out every single time on the floor...thats right, he never, ever had a home run!) ran by some very insecure not very nice people. i wish you people the best of luck getting something going...
Pitscum,

Here here mate!! thanks for your comments, your bang on with what your saying and I know the shop your talking about and the bloke in question, total con the whole arcade structure is. Would be lovely if we all did get something going and stuck it up the arcades khyber passes once for all , Cheers again.
Keep putting the word out chaps!!
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Old Apr 13, 2010, 2:57pm   #31
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Default Re: Trading Arcades have had their day

Whilst I don't disagree with some of the sentiment here expressed about arcades, surely they also provided enormous benefits, i.e. capital and technology? I spent 6 months as a self-backed trader at an arcade (before moving to significantly cheaper premises in a better part of town), but during that time was working alongside some fairly talented guys who had come up through the graduate scheme. For them, this arcade in question was the path into full time trading..
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Old Apr 13, 2010, 5:55pm   #32
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Default Re: Trading Arcades have had their day

weakpunter started this thread Meanreversion,
In the past maybe, yes I have a lot of friends
that still trade at arcades, but the point you are making
could have been applicable in the past, today like Ive mentioned
in previous posts you can get the same bang for your buck at an FCM.
Like Ive said already I wont comprimize anyone, but what would you say
if you knew for a fact like I do.
1. that there are at least 2 individuals who are mangement at the most repectable
arcades who go out of the office and call brokers to put opposing positions
to the guys theyve trained up once they see them all caught the same way,
what would you say to that?

2. What would you say to me and my friends who have blatantly had arcades
try to steal their money from them when theyve tried to leave, drumming up
bogus costings adding on incorrect commission charges etc.

The point Iam making is maybe in the past things were different ,but not today
most of them are struggling and will do their damdest to try and rob you blind
given half the chance. and so my sympathy for them is gone and they are a spent
force and better deals are to be had elsewhere.
I was on the floor in the 90´s and was one of the first to trade electronic at arcades
and know the truth behind what goes on behind the scenes, and it is a murky place nowadays.
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