Quote from MZG:
NOW MY QUESTION IS what is it in it for him? WHY he will take people with NO EXPEREINCE give them training and 300,000$ for each knowing that most will lose the money. CAN day trading be that profitable to rent a trading floor in wall street with 6 full time working staff (non trader)? What he will gain?
I really wouldn't know why he would throw 300k in the hands of rookies. Sure, their s/w will liquidate you in the blink of an eye if you start to drawdown below their pain threshold. But, how much d/d will they allow a rookie before they show them the door? Hmmm... I'd be a little leery. How much due dilligence did you do on this firm?
Btw, did you wonder why they would hold a group interview vs. a one on one. If it were my firm, I'd want to meet one on one and see who's going to be sitting in front of my monitors, playing with my money...
Keep us posted please. Most guys get these prop jobs, and never post their findings afterwords either good or bad.