Any info on this prop shop? Can't find a website.
Would like to know culture, if there is base pay vs. a "capital contribution" (aka training fee), what products they trade, etc...
Any insight appreciated!
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If you're looking at shops that require you to lay down a capital contribution with little to no base pay, you probably don't have business becoming a trader. The turnover rate at those type of shops is unreal, but not surprising
We are a Hedge Fund Incubator. Our model is comprised of having you start out as a proprietary trader in commodities and futures firstly. Once you have established a track record...we have the funds to launch you into your fund. The model is quite simple: give us a rate of return while underneath us and in return we will give you money to run.
There are 3 categories that we have: 1) Hedge Fund 2) Proprietary Trader and 3) Mentorship Program.
Our web address is www.traderscapital.net.
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I just thought I would bump this because this firm no longer exists and the founder is on the run for defrauding his traders after he funded his personal losers by co-mingling their accounts. This was a chop shop by all means of the word. Beware the ads for independent trading companies in Chicago (or NY) that require a capital contribution, because things can stoop this low quickly.
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