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- trader1988 replied May 19, 2016
Hi basil I think too50fx looks suspicious when you delve deep but they are relatively new so they could change all that but you would have thought that they would have it sorted and professional from the start. MES looks ok from my point of view and ...
- trader1988 replied May 18, 2016
I posted the history from 6weeks and I agree not sustainable. I showed it to show everyone what I was presenting to the firms as history. Hi basil. I didn't say £1000 for a single trial I mentioned it for 3 desperate trial at different companies. ...
- trader1988 replied May 18, 2016
the more I read and contemplate the next move the more I think prop firms aren't the way to go. I asked a well known and experienced trader to look into all of the mentioned firms and thankfully he did. There is only one that looks worthy to pursue ...
- trader1988 replied May 17, 2016
I think one of the main arguments for prop firms are that they are so accessible to trader. The problem with funds etc is that its not always how good you are or what you've accomplished its who you know. Opportunities don't just come out of no ...
- trader1988 replied May 17, 2016
fair enough forexia can't complain with any of you points. Good argument against prop firms.
- trader1988 replied May 17, 2016
The main obstacle about starting a hedge fund is what you've both mentioned and that's start up costs. If I went to say 3 prop firms I could trial etc for less than £1000. Hedge fund cost as stated by trader34 are £15000-£50000 so looking at these ...
- trader1988 replied May 17, 2016
yes fair enough forexia but I do think for me to set up a hedge fund I should have more experience. This is the reason why prop firms call out to me at the minute. Could anybody leave their honest opinions about topsteptrader please. It looks and ...
- trader1988 replied May 16, 2016
thanks for your reply crazyoz. I'll have a look at proptraders and I have received an email about top50fx. I am a bit wary of top50fx as they are new and have many bad reviews somehow but that could be hearsay. I can't find any supporting reviews ...
- trader1988 replied May 16, 2016
Thanks red pirate I've had a read on that thread and there is some interesting stuff. It's all good to read and learn from. I think the general gist of working for institutions is slightly different for what I'm trying to achieve. The long days in ...
- trader1988 replied May 15, 2016
hi red pirate. Just a couple things which is its 6-7Weeks really and I don't want to be cocky saying I'll get that every time because I probably wouldn't but never say never. It's the best 6 week to date but then again the latest with new strategies ...
- trader1988 replied May 15, 2016
hi Forexia. I understand and agree with you on your hedge fund point of view but the only problem is that you make it sound a lot easier than what it is to start a fund and get investors. If you have any experience or knowledge of doing do please ...
- trader1988 replied May 14, 2016
I will keep everyone posted with all developments. Any that I try I will review completely and honestly with any evidence I get. I think it's only fair that everyone should be able to see which firms are serious about funding traders and which ones ...
- trader1988 replied May 14, 2016
Hi forexia I appreciate your input. Starting a hedge fund is undoubtedly hard especially gaining funds. If I keep trading with my own funds how many years would you think it would be before a primary income is achievable? I'm thinking of using the ...
- trader1988 replied May 13, 2016
There is an attached file for you johnvr I am not a liar or a make believe I am simply trying to make a secondary income a primary one. As you can see from the account the profit would not support anybody but given funds you can do the simple ...
- trader1988 replied May 13, 2016
for those haters thinking why do you need funding with results like that? My equity is large enough to sustain a full time income so in looking for funding to provide enough scope to mak it a primary income.
- trader1988 replied May 13, 2016
hi all. I've sat down and applied for several positions today so let's see what comes back and get to the bottom of the best ones and the worst. I've attached a history statement from my live account showing 42% profit over 6 weeks with never more ...
- trader1988 replied May 12, 2016
thank you basil
- trader1988 replied May 12, 2016
thanks for your input basil but can you just clarify the best fx funders and your experience with them please? I'm finding it hard to filter out the bad ones. Thanks in advance
- trader1988 replied May 11, 2016
it's all about opportunity and who you know in this world. My mentor is currently contacting the firms he knows and I'm trying my best but at the end of it it's all about timing and opportunity. We will se what comes of it. I have been giving ...
- trader1988 replied May 9, 2016
Thanks David I have tried it a few times but I wanted to ask people's experience as there are so many of them out there. Are they personal experiences you've had with them? I'm certainly not new to trading but I am new to prop firms so please bare ...