Are Prop trading firms worth it?

Discussion in 'Professional Trading' started by vikkktor, Nov 20, 2009.

  1. vikkktor


    Hello everyone,

    I'll like to know are prop trading firms a viable route for a start up day trader?

    Please, can someone describe the prop trading firm concept.

    It's typical to expect to be trained? What kind of contracts do you sign? How long is the contract typically? Would you be an independent contractor or an employee?

    Are there better routes to follow for an aspiring day trader who doesn't have any experience?