You guys are missing one very important fact. The deal at schonfeld may not compare to other prop deals, but you can walk in there without a dime, trade a ton of money, and if you lose, you owe NOTHING. Name ONE place other than Schonfeld that you can do that?
The most important thing is a low all inrate ,good system, good leverage, and that you get paid every month
You're looking at only the higher leverage and no capital contribution. Think about what they require on the trader's part. Really look and then come and talk to me. I've been trading for 7 years there you dumb bastard so keep your schonfeld advertisements to a minimum. That crap may fly with other idiots but not me. The crap you were spewing fails to take into account the "double edge sword" Wow, 2 million sounds great, how bout when you're a trader trainee and you're down 2 mill. So, shut the hell up unless you know what the hell you're talking about.
Last Man Standing might take on a whole new meaning what with the rumored hedge fund blow-ups and the negative effects upon GM (General Motors) Bonds and their equities and the overall US Equities markets.