Prop Firms (W/Salary) For College Grad?

Is 'technical discipline' a degree to do with computers?

 

You have a bunch of D-list bucket shops ... and then, DE Shaw - a solid top tier buy side firm....

You need to seriously reconsider your move to "prop". Unlike 99% of the people here, you went to a good school and have a decent background.... joining prop and you'll be throwing away any possible real career in actual finance.

 

I think he was talking about this link:

http://www.trading-lab.com/forums/so_you_want_become_proprietary_trader-t133.html

 

I dunno - quote a few of those aren't D-list in my opinion. The list was helpful for my search.

 

definately swift trade doest give salary but there is this company which is called canaccord which offers base salary also and commission too

 

hey dr.sjfan,

wise words indeed.


surf

 

Watching the game right now. I went through this entire experience last year, will post what i learned. Feel free to PM me also.

 

r u serious
cuz there are hardly any firm which gives salary and also the %...... its a major risk but ya if u have yr own money to put in the company may offer a base salary with that

 

So I'm new to this idea of prop traders and it seems quite foreign to me. Firms actually backing people to trade. With salaries even.

If the common stat is that 80% or 90% of traders fail, it would seem there would be tremendous turnover in these firms. What's the edge for prop trading firms?

I'm a poker player. Would a prop trader be analogous to a casino proposition player?

 

yes that's it. I don't know what's going on. email notifications are not working for me. anyone else having the same issue?