Kershner Trading

Discussion in 'Prop Firms' started by htown_dave, Oct 7, 2006.

  1. Moving to Austin, & wanted some info on Kershner Trading before continuing w Assent.

    What is their split arrangement w money up?

    What type of training does one receive? Pairing? Momentum?

    Positive/negatives of firm?
     
  2. wetears

    wetears

    They train mostly on spread plays and open book crosses, but the fees-commission and fixed costs are much more than Assent. You get a coach and share your profit with him and the company before it makes it to you.
     
  3. Thanks for your insight, thats a pretty bad deal when putting money up.
    How valuable did you find the coaches?
     
  4. Back when it was Zone, you put zero money up and got 30% payout, have heard it could be negotiated up to 50% if you were a decent trader.
     
  5. wetears

    wetears

    Coaches are good if you have never traded. or more to the point, scalped before. I think it is really on a case by case basis with the coaches.

    It is a true prop firm. where traders don't risk any money, but the payouts and cost are lower and higher, so I think it really depends on what your style is, how much experience, etc. I know a lot of them at Zone/Kershner, learn over there then come to Assent when they understand the cost structure disadvantage of staying there.

    But, Zone just recruits more young kids and teaches them to trade for a year or so, and it is a business model that works for them. They make the majority of their money on the per share commision. Hope this helps- Are you with Assent now? (in Houston?)