Seeking advice: CBD Trading Group

Discussion in 'Prop Firms' started by mkriss, Jan 25, 2006.

  1. mkriss


    Previously I was financial analyst for a hedge fund and am CFA certified. I have recently moved to Los Angeles as I have been doing work in film/tv production as a hobby. I was planning on staying voluntarily unemployed until the upstart I'm a part of begins production in a half year. CBD Trading Group (whom I'm unfamiliar with) wants to hire me as a trader. The arrangement works initially like this; I put up $5k and they give me $200k to work with. Since I have nothing else to do right now I figure why not. What I would like to know is:

    (1) Anyone tell me about CBD, is it a legit operation?

    (2) What do you recommend I ask for regarding the allocation of trading profits/losses and how much I get of each?

    My experience is almost entirely in long term and not intraday trading. I was very successful the only reason I got of the field was health reasons and to pursue other interests. I have dabbled in intraday trading but would attend the company's training etc since it was not my specialty.