I'm potentially joining a prop firm which I've been in contact with. They are located interstate. I'm 19(trading 3 years, studying markets 4), and currently working out the expenses that would come with moving to another city. By sacrificing everything I've made from my trading I would probably be able to cover most of my costs for one year MAX. The prop firm has a 6-month training regime, and then they hand you money to manage. I've heard of it taking people 18 months to make any money at all. So for those of you working at prop firms roughly how long has it taken you to start making money? what does the average trader make in his first year? If they offer me the place these are my two options and the potential consequences/results: I can accept â Basically for a gamble that I would make *some* income in the first year thereby holding me up for another year and potentially beginning to fund my college degree (I would do part-time Science - Physics and Maths). Ideal situation is me trading professionally and studying part-time at college. I do realize trading is a long-term commitment, but I'm not worried about that. I'm worried about initially covering my basic overhead and surviving. I can put the offer off - I would then go to college in 2009. Probably study Commerce or Science at prestigious (its bs, but I want to get to a good prop desk) college combined with post-graduate. Then 4-5 years out get a job @ investment bank prop desk or hedge fund. I could trade by myself through this time, but its definitely not the same as trading at a prop firm. Thoughts? P.S. for those of you who want to tell me how college won't help me please don't bother replying. If you can get into a Goldman Sachs prop desk without a degree all the power to you.