leaving a prop firm

S

sasi

Junior member

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• Jul 23, 2005

• #1

I just left my prop firm for a better one.
I still have a lot of money i should get from liffe rebates.
some of the money should be in my closed account only in september and i don't know if I'll get the % from my old firm.

any thoughts or past experience?

thanks

 

A

Anonymous

Established member

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• Jul 23, 2005

• #2

Does the prop firm pay you a salary or do you put your own money into the prop firm to trade your own money?

 

S

sasi

Junior member

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• Jul 23, 2005

• #3

i get a % of my p&l , i don't have to put money

my question is how can i make sure i'll get % of my future rebates?

 

A

Anonymous

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• Jul 23, 2005

• #4

I am just curious, I don't know how the type of prop firms you refer to functions.

get a % of my p&l

Click to expand...

If it is the "l" and not the "p", who foots the bill?

 

S

sasi

Junior member

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• Jul 23, 2005

• #5

the firm

 

B

babytrader

Newbie

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• Jul 29, 2005

• #6

From my experience there isnt many prop firms, they all just try and shaft you. Not to name names.... though have a particularly annoying firm - who havent paid up what they owe and are trying to hold me to my contract. Time for a legal rift. I would get it in writting before you leave or else dont expect much back without a fight.