Recent content by tita

At the very least, why not ask to see an audited performance report if you're seriously thinking of having your account managed by them?

What I meant was, with the terms being too much in favor of the firm (for instance, the fact that you can only enter at market and observe a strict risk:reward ratio of 1:2)--somewhat like the house-advantage a casino has--very few would think Chancery Lane is primarily out to achieve its stated...

But do you seriously buy what Chancery Lane says about looking for trading talent? Let us know if you do join. Maybe you can give us tips if you make the cut.:-)

Just curious, gobiasindustries: Are you thinking of joining or have you already signed up? If the former, what to you are the pros and cons? If the latter, what made you go for it?

I believe it's best to think of this as a game: the firm is betting you won't win while you believe the reward (15 k total) is worth the risk (100 GBP).

Hmmm...I'm starting to think pboyles has been proved right again.:-(

Any updates thus far, JR97?

Hi, psixtrader. It's not all that bad here in our country. You could do worse in other supposedly civilized places (say NYC or London, lol). If you're trading equities, you might try and contact the Canada-based prop firms Swift or Title to ask where their local offices are located. I know for...

Good to hear from you even at this early stage, JR97. Your feedback would help me as well as others who are considering taking part in 4xprop's evaluation program. I wish you well and thank you in advance.

It would be great if you could keep us posted, JR97. Good luck!

Thanks for the input, pboyles. Does anyone have a different opinion?

I've read through the whole ET thread but have not come across anyone who has actually taken part in the evaluation process, been hired and posted about his experience.

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Has anyone dealt with this forex prop firm? They'll supposedly give you funding after evaluating your performance while trading your own live account with FXCM. Short-term traders are preferred. Any feedback would be appreciated.

Thanks for posting those articles, robbmickey. Has anyone come across any that applies specifically to the forex market?