I've been prop trading for the past 5 years. Started as a market maker in equity options at the CBOE and when that died I traded S&P futures for a few years off-floor. After only moderate success scalping futures I went into spreading cash treasuries and futures. I've never made great money trading. Only enough to stay with it another year. I am thinking of getting out of trading and possibly into the mutual fund business. I've looked at quite a few posts on ET over the years and there seems to be some very knowledgable people who post in here. Can anyone give me some ideas of possible career paths in that business? Where should I look to start (meaning what type of position)? How fast can someone climb the ladder? Is there much opportunity in that business outside of NYC or Chicago? Any ideas or info is greatly appreciated.