Mains Street Trading Company

Lightning McQueen

Moderator
4,935 787
couldn't that be just the renew registration date?
they say 2005-2011.

Hmmm good find though, thanks

looks a new registration to me. the web site is new as of yesterday but the content doesn't reflect that. it would be prudent to do further digging before getting involved with them.
 

NMO-MMMACE

Junior member
19 0
Because you are looking in the wrong section they exist under the NFA/CFTC jurisdiction since they trade futures. Im checking out one of their webinars today will let you know how it goes
 

Ristoril

Junior member
28 0
Because you are looking in the wrong section they exist under the NFA/CFTC jurisdiction since they trade futures. Im checking out one of their webinars today will let you know how it goes

30 min deal, 30 min webinar, ask for money, couldn't find registration, couldn't find the exact name of their company, and new webpage


fishy.
 

NMO-MMMACE

Junior member
19 0
Well I signed up for it as the only to find is to risk some money to see how it works out....its a high reward proposition. I'll keep you posted on how it works out for better or worse.
 

Ristoril

Junior member
28 0
Well I signed up for it as the only to find is to risk some money to see how it works out....its a high reward proposition. I'll keep you posted on how it works out for better or worse.

that would be great, everything sounds good otherwise. I like the idea of a competition as apposed to someone asking you questions about burning candlewicks to make X time.

and to show appreciation if it turns out good, and I do go in and make it, id be willing to help you out if you didnt
 

NMO-MMMACE

Junior member
19 0
that would be great, everything sounds good otherwise. I like the idea of a competition as apposed to someone asking you questions about burning candlewicks to make X time.

and to show appreciation if it turns out good, and I do go in and make it, id be willing to help you out if you didnt

I did a paypal payment which they have received gonna be a waiting game while we wait for the e check to clear. They did touch base with me today via email. So we are on the same page. Once the check clears I'll be getting the material to train. (y)
 

NMO-MMMACE

Junior member
19 0
The great part about the program as they presented it was they actually reward you for being an analyst, help you get started and get the living expenses covered which in turn make trading easier. Just got done with a Topsteptrader tryout and despite being profitable over 10% and never having a net draw down on the account over 2% they did not want to give me access to live capital to support myself.
 

Ristoril

Junior member
28 0
The great part about the program as they presented it was they actually reward you for being an analyst, help you get started and get the living expenses covered which in turn make trading easier. Just got done with a Topsteptrader tryout and despite being profitable over 10% and never having a net draw down on the account over 2% they did not want to give me access to live capital to support myself.

living expenses?

so when is your first class, do you have a one on one?
 

Ristoril

Junior member
28 0
living expenses?

so when is your first class, do you have a one on one?

Alright I did a lot of research and here is what I have concluded.

They are not registered with anyone. Essentially they are a school , of which you pay for information that may or may not help you.

They might have no intentions to hire anyone, or they might only possible hire one person if he looks amazingly awesome.

So i guess it comes down do, would you rather join a pop with a 5K contribution. Or pay 500 for a chance to join a prop (or no chance).
 

Thohell

Newbie
1 0
Attended their seminar tonight on 8/22/2012 at 6 pm pst. It sounded good, a dream job to me so I wanted to jump in right away. But it seemed too easy so I've been trying to learn more about them. Can't find anything that legitimizes them. Anyone learn anything else?
 

NMO-MMMACE

Junior member
19 0
I am in the program right now and not very thrilled about it. It sounds good what they are doing. The way its currently executed doesn't really benefit the trader. The groups trades both stocks and futures and there is no telling which instruments they will offer an opportunity in. For instance right now they are holding this competition. It is the mini S&P. For me having more experience in currencies, mini Nas100, mini-dow and other markets it basically sucks. We have no option of selecting what market we trade in the test. We have no say as to when try out. For the traders in stocks they are screwed on the sidelines.

If you are new to the business, have another source of income and enjoy the randomness of trading a randomly selected market and a randomly selected time then by all means sign up.
 
 
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