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  1. M

    Prop futures firms?

    Other trader's success rates are probably NOT that important to you. The question is can YOU be successful? Trading is an individual sport in the end. It's NOT a team sport. It's going to be hard to make $200K scalping futures even with size to make $66K total take-home before taxes. Yeah...
  2. M

    Can a Graduate Degree from Oxford U help me get a salaried position in trading?

  3. M

    Prop futures firms?

    OK. I guess given that PERSPECTIVE then it makes some sense though. But it still seems rather a huge hurdle to jump over. Bascially making $200K just to get $66K/yr. Hmm.. I guess it beats getting nothing. But if the environment is good and you have a large capital to play with then maybe it's...
  4. M

    Prop futures firms?

    So, here's the deal with TradeLink. Tell me what ya think of it? So, they pay you $30K base salary. And you will NOT get bonuses until you make over $100K. So, they basically said your first year you'll get $30K. Now, the second year, let's say you make $200K(which is very very hard even...
  5. M

    Prop futures firms?

    Yeah, that makes sense though. If I'm not making money after a year of trading, then I wouldn't want to stay trading either! HAHA. I would go find something else to do. In fact, if I make less than a $100K in trading (my take-home after cut of profits), then I would think twice about...
  6. M

    Prop futures firms?

    Oh, I see. So, the salary only lasts for 1 yr? I had the impression that it was an ongoing thing. Anyhow, if you do have the interview before me, can you give me the scoop on it? keke. thanks! misc
  7. M

    Prop futures firms?

    You guys heard about TradeLink, LLC prop futures trading group? They pay a base salary and % of your profits. But it just starts out at 33%. You guys think it's a good deal? You trade their capital. So, no capital contribution,etc. And it's a sliding scale from 33% onwards. I'll talk to...
  8. M

    Piranha Trading, LLC

    anyone heard of Piranha Trading, LLC? I'm a newbie. Just wondering. Just found their postings on monster.com: US-NY-New York City-Proprietary Equity Trader :. Status: Full Time, Employee Job Location: 10006 Piranha Trading, LLC Trading firm seeking proprietary...
  9. M

    Prop Futures

    hey downtickboy, i'm a newbie here. I applied to Matrix Trading. And I'll have an interview with them soon. So, are you sure that they will pay salary or not? Do you know about payouts and commissions? I would like some kind of salary plus benefits would be nice in this tough market. Starting...
  10. M

    Reminiscences of the Bubble

    hehe. I guess we'll never see those days again for a long long time to come... :( misctrader
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