How does someone get the capital required to turn trading into a business?

Discussion in 'Professional Trading' started by cornholio, Mar 22, 2014.

  1. Yeah it makes sense. The real firms ask for at least 6 month track record and these firms don't want that and just want you to trade for 10-20 days haha.
     
    #51     Mar 27, 2014
  2. Maverick74

    Maverick74

    Six month track record? Where the fuck are you getting this drivel from? Name one firm anywhere in the world where you sat down for an interview? A real firm sits you in a room with scratch paper, TI calculator and a two hour exam testing your mathematical aptitude. Where are you getting this month bullshit from? You're officially an ET troll. Congrats.
     
    #52     Mar 27, 2014
    Malaya likes this.
  3. If I remember correctly, it was EuroPropTrading that wanted a 6-month track record.
     
    #53     Mar 27, 2014
  4. Any idea if they still offer a trading opportunity. cant find any link on their website to contact them.
     
    #55     Mar 27, 2014
  5. Maverick74

    Maverick74

    Do you have any idea who DE Trading is and their background? My God, this message board has gone to hell. I'll tell you what cornholio, you've got a better shot at landing a job on a swaps desk with Goldman then getting DE to fund you.
     
    #56     Mar 27, 2014
  6. volente_00

    volente_00

    What's the scoop on them ?

    20% payout. ?
     
    #57     Mar 27, 2014
  7. Maverick74

    Maverick74

    Fixed income spread trading firm, mostly algorithmic and HFT. I honestly don't know what their splits are like now. Their best days are long gone.
     
    #58     Mar 27, 2014
  8. brad10

    brad10

    People...there are NO firms that are going to give you money to trade!! Especially remote...which I assume most of you want to do.

    If you are willing to re-locate move to NY or Chicago and start interviewing. That is assuming you have an MBA from one of the top 5 universities in the country.




     
    #59     Mar 27, 2014
  9. Yup.. so true
    Found it after applying to all :p
    though many are willing to take your money .
     
    #60     Mar 27, 2014