Recent content by Pento

Btw, in what markets are you applying this system?

I would prefer to be backed by a fund and thereby expecting to make much more with their money than I could with my own. Would expect my compensation to be higher going down this route. Plus you have the benefit of their systems and support structure should you need it. But in the pitch you...

ok cool that makes sense. agreed with the getting out of a trade if there is low volume and the market isn't going anywhere

Surely worth targeting for more than 15 pips?? How far to the yellow line on the downside?

You can ask them for demo accounts that usually last a week or two. Then you can test them side by side.

i know that feeling!

A trading floor with everyone quiet and just sharing ideas? You might as well be at home and have 4 different squawks on. I think you will find it hard to find an arcade suiting your requirements, on the whole they tend to be loud, and macho with a lot of shouting. A prop desk at a fund may...

Someone mind shedding some light on the history here? What was the strategy involved? or is there a thread i can read?

Your friend looks to be back on the forum. Time off for some implants?

FUTEX Thanks for your reply. When you break it down into all the separate costs I can see how the desks must cost you a lot. I like the business model and completely agree the advantages to working in an arcade/prop house outweigh whatever the desk costs.

Find it hard to believe that you could lose money by renting desks. Your office is based in Surrey and the desk rents are 2 grand? I don't mean to be offensive or trying to STIR trouble (like what I did there?), but your overheads for staff must be huge if you are losing money on desks.

Chartsy, are you making 200 pips a month on 1 lots? which product?

it's the only time this forum gets exciting! love all the mud slinging

intra day prop traders probably like all the volatilty, but a lot of the big flow bank traders don't. I'm assuming the open interest has dropped a lot over the last 6 months. would be interesting to check this. anyone know how to?

How much does he lose on a bad day? Are technicals working in the current environment?