Prop Account for Student Beginner

Discussion in 'Prop Firms' started by XinsRail, Jan 25, 2014.

  1. XinsRail

    XinsRail

    Hi everyone,

    I am still in college and did two front office IT interns in bulge brackets before. And I decided to try some real strategies and see what the market really look like.

    Since I am still in school, I am looking for remote trading arcades.

    I heard some trading arcades like Bright Trading can sponsor a series 7/56 then I can get a account with 20* leverage. Would that be good for student?

    My criteria is:
    Initial Capital less than $5000, lower fees
    Remote Access
    Provide API for C++ or Python so I can do quant strats
    Sponsorship for S7 exam is a plus since I heard too much bad about S56
    Paper trading program is a plus

    Any suggestions for choosing of trading arcades?
     
  2. TraderLeo

    TraderLeo

    Similar to your situation, I had an internship at middle office, but worked quite close with the portfolio managers. I joined their paper trading competition and got 4th place. Really want to have a try.

    I am in Toronto.
     
  3. Yukoner

    Yukoner

    Guys, my advice is to try the least expensive combine that topsteptrader offers and the longest time. This will force you to come up with a trading plan, and then try and execute it real time in current market conditions.

    Set your goal to simply get to the last day of the combine, without hitting daily loss limits or max drawdown. If you can do that, you are off to a great start and months ahead in your training.

    Good Trades,
    Yukoner