SMB Capital New York

Discussion in 'Prop Firms' started by brutusmaximus, Jan 11, 2011.

  1. timcar

    timcar

    Too many "characteristics" I have to be good at.
     
    #61     Mar 11, 2011
  2. Best advice for young traders looking to join a prop.
     
    #62     Mar 11, 2011
  3. Charlie runs Epiphany Trading - evidence?
     
    #63     Mar 11, 2011
  4. EPrado

    EPrado

     
    #64     Mar 11, 2011
  5. EPrado

    EPrado



    So basically the guys they hire (which seems like anyone who will fork over 10k to them), get to spend 5 yrs training/trading....then finally get to trade some real size. I think they need to be much more specific on the size of their book after 2 yrs....then after 5 yrs.

    I highly doubt that some of the biggest traders on "the street" trade there. From what I remember seeing them on that ridiculous Wall Street Warriors show, they weren't trading any kind of real size there. The "most recognized traders in the industry" part is a hoot. Funny stuff.

    I didn't realize that the top prop firms needed to charge their guys 10k. In most cases firms that charge a fee to learn their strategy are either under-capitalized or have a strategy that doesn't work.
     
    #65     Mar 11, 2011
  6. bpcnabe

    bpcnabe

    #66     Mar 12, 2011
  7. Roark

    Roark

    New training program from SMB Capital being offered on advanced technical analysis. From SMB's trading blog:<blockquote><i> I have been working on a new Advanced Technical Analysis program which expands our training program at SMB with tools that are applicable to all asset classes and all timeframes. I’m excited about this project as it is the distillation of many years of my work. Also, it does make you think—what is “advanced” trading or “advanced” technical analysis? My argument is that advanced is actually a simplification—doing the same simple, basic building blocks over and over. I think we’re going to air a section on moving averages on this weekend’s SMB University on StockTwits TV, so check that out if you get a chance.</i></blockquote>
    Moving averages? What will those SMB traders think of next? A seminar on Jack Hershey methods?
     
    #67     Mar 14, 2011
  8. What do these guys offer to experienced traders with a track record?

    Can you trade algos there or do they only accept guys that that discretionary like they do?

    Cheers
     
    #68     Mar 16, 2011
  9. In his book he says they would like to use algo-trading in the future, so I guess it's possible now.

    To all you guys claiming 10k for a training course is a scam. Seriously, 10k?? I'm no "big swinging dick" but still, 10k is not a huge amount in this business. They don't have to teach you very much to make you save this amount in the future.
     
    #69     Mar 18, 2011
  10. What specific information are you looking for? Ya, you're right about the link, not much except the disciplinary actions. CBOE will tell you over the phone if a firm is a member. FINRA can check the firm's standing even if it's a CBOE/CBSX if you have the firm's Web CRD#. If you want the financials, then you can get that from either the firm or through the SEC.gov site.
     
    #70     Mar 18, 2011