is Prop trading scam or for real

Discussion in 'Trading' started by ragingjustice, Jul 3, 2008.

  1. how many first yr 5k down ppl that work in Prop earn more than 40k for that year or the 2nd year?

    Tell me the truth!!!

    and what is being taught seriously??!!
  2. It's real in a bull market, when 90% of stocks rise, and a scam in a bear market, when the majority of stocks stagnate or fall.
  3. why can't they just go short? dont see any logic in your statement
  4. the majority cannot be short due to size of float.

  5. that's not true, i spoke to one of the guy who work in a prop, he told me he was short the whole day...
  6. Dustin


    You are getting some misinformation.

    -Yes prop trading is for real.
    -Hardly any will make 40k their first year.
    -You can be short or long most stocks at any time.
    -Without prop trading I would be working a desk job somewhere, instead of enjoying a "traders life" for the last 10 years.

    Understand, the only real difference between retail and prop these days is increased buying power and little to no training.