Recent content by RandyM85

Sold.

I am a trader and I'm trying to sell my system because I am moving across the country and it would be just too much of a hassle to take it with me. Here is what this computer is: 3 20.1" Samsung SyncMaster 204b Monitors mounted together (I have individual stands if you want them instead)...

So this was before you had any trading experience? Were a few years out of college or just out? I do have a good amount of experience so I'm hoping that will help me. Thanks for your information. It's seeming less and less likely that this interview means anything.

I was fortunate enough to score an interview with First New York for next month. Has anyone here interviewed with them? From what I understand they bring you back for a 2nd interview if they like you. I'm just looking for someone who has interviewed with them to let me know what I should...

I've heard some bad things about the rate you are taxed at if you become a partner at a LLC as a prop. I've heard things like you are taxed at the maximum bracket no matter what because the firm is taxed at the highest bracket. Is that how the K-1s work? Can someone explain this? Thanks, -RM

Bump. I was hoping I could get some more feedback on this subject.

I've heard people tell me to never put up any capital if I'm going to work at a prop shop. Some people have told me to put as much as I can ... $5k or even $10k. I'd appreciate a discussion on, in general, why contributing more or less capital is a good thing and what you think the optimal...

Anyone know anything about this firm?

What is a "BB Firm" and can you explain to me the difference between that and a prop firm? Also, I'm curious about the position hierarchy in this industry. Do I have any upward mobility as a prop trader? What if I take a "proper trading job?" I really appreciate all this help.

Hello -- I'm about to graduate from a top 10 US public university and I'm looking for a place to work. But first, I need to figure out if propping is what I am looking for. I traded my way through college and my passion is really equities trading. I love it and I believe it is really what...