Forums - Yet Another Prop Firm Hiring

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Direct-Access Brokers ›› Prop Firms ›› Yet Another Prop Firm Hiring

Page 3 of 17: 1 2 3 4 5 6 7 8 9 10 11 12 Last Page »

Maverick74

Registered: Mar 2002
Posts: 17337

11-09-11 12:49 AM

Quote from Lucias:

What type of max daily loss would they give you per day? 5k? 7k? 30k?

I still think you are exaggerating. Look at Schonfeld, they let like 1/3rd their traders go and they were grossing under 60k I believe. Also, look at even SMB Prop traders who are selling DVD tapes and thing. You really think they'd be selling DVD if they were making 25k per day ? Why would anyone even stay there?

Those are completely different type of firms. Most these firms in Chicago start guys at 10k daily loss limits. The more experienced guys can lose up to 100k a day. You're not flipping one lots at these firms.

Edit/Delete • Quote • Complain

oldtime

Registered: Jun 2011
Posts: 7382

11-09-11 12:54 AM

If I can teach you how to trade I can teach a computer how to trade, and I don't have to get dressed at 2 am to post bail after you've been out celebrating because you made 10k for the day.

Edit/Delete • Quote • Complain

Lucias

Registered: Nov 2010
Posts: 996

11-09-11 01:04 AM

With a 10k daily loss limit trading futures directionally, I could probably average 5k per day and make up to 50k on a day at my best. Although sounds like they'd be trading quite a bit differently then taking directional bets..

Edit/Delete • Quote • Complain

beachhouse

Registered: Oct 2011
Posts: 260

11-09-11 01:53 AM

Quote from Maverick74:

Desired Skills & Experience

Strong background in competitive sports or extracurricular activities.

.

Why the fuck do they require "strong" background in "competitive sports"?

Does it have anything to do with trading stocks?

A bunch of morons running this firm, I believe.

Edit/Delete • Quote • Complain

Maverick74

Registered: Mar 2002
Posts: 17337

11-09-11 01:59 AM

Quote from beachhouse:

Why the fuck do they require "strong" background in "competitive sports"?

Does it have anything to do with trading stocks?

A bunch of morons running this firm, I believe.

You will find that the norm for almost all prop firms in Chicago. You better have one of two things on your resume: sports or poker. I'm dead serious, I would venture close to 90% of all prop traders played sports in high school and many in college and pro. Sorry, that's just the way it is.

Edit/Delete • Quote • Complain

beachhouse

Registered: Oct 2011
Posts: 260

11-09-11 02:12 AM

Quote from Maverick74:

You will find that the norm for almost all prop firms in Chicago. You better have one of two things on your resume: sports or poker. I'm dead serious, I would venture close to 90% of all prop traders played sports in high school and many in college and pro. Sorry, that's just the way it is.

A con artist is always a con artist. He just doesn't know what makes a successful trader.

By the way, are you associated with this "prop" firm in any way or shape or form?

You know, advertising for this firm requires a payment to ET! Have you made the payment?

Edit/Delete • Quote • Complain

Page 3 of 17: 1 2 3 4 5 6 7 8 9 10 11 12 Last Page »

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Rithmic Futures Trade Execution Platform SpeedTrader Direct Access Trading	SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider