I'd relocate to New York and try to get into Momentum Securities. They'll sponsor you for your Series 7, 55 and 63 licenses and they have great training. The licenses are required to become a prop trader. Their software is the best in the market for Nasdaq trading (along with Sonic's). On the upside, they pay you a monthly "draw" so you can survive while you're learning the ropes and you don't have to put up any cash. They also have health benefits. On the downside, the payout percentage is fairly low since they're assuming all of the risk in case you blow up. Your goal for the first year is to learn and get your feet wet. If you get paid extra, that's just a plus. Your first year's losses are just a tuition for a lifetime of income generating skills. The great thing is that you won't be losing YOUR money! Realistically, you won't get paid for the first four months (unless you're pretty exceptional). The norm is that you'll consistently lose money for a while before you learn good trading habits and get exposed to all of the various trading situations. Once you're comfortable trading and have saved up some money, you can leave Momentum with NO STRINGS ATTACHED. Firms that advertise high payout percentages don't tell you that your ticket charges will probably be through the roof. Look for hidden charges, like ECN charges, SEC taxes, etc. The difference between a profitable trader and a losing one could be as small as a one dollar difference per ticket (if you're a very active trader). I traded at Momentum for two years and then went "prime" or am trading my own money. That's the best way for a newbie to learn how to trade without losing their shirts. I haven't been at Momentum for six months so I don't know if things have changed much. If you have a contact at any of these firms, use them. Admission into these firms is pretty selective. Inquire first! Other firms to consider are Heartland Securities and Andover (although I've been reading alot of negative stuff about them in the posts). Steer clear of firms that require you to put up capital and encourage you to write tickets. It's not necessary, especially in today's trendless market. Also, technology is VERY important. Alot of daytrading firms just integrate a hodgepodge of different vendor services into one screen. The result is a mess that's hard to navigate around and when you click on one screen, it covers up your tickers, charts, etc. Also, quotes and executions are relatively slow. Stay away from that crap unless you won't rely on fast Level 2 execution. In-house software developed by traders is the best! Also, read good books! My favorites are Jea Yu's Guerilla Day Trader book and the Market Maker's Edge by Lukeman. Also, the Market Wizards books are great but not really applicable to day traders. Good luck!