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A prop manager needs to have a 24.

You will need the 24, 7, prob the 55 and maybe the 63.

You have two years, after that they may or may not still except it. They are very incosistent on it.

Type in proprietary trader or prop trader.

You'll be hard pressed to find a firm that offers no cap down. As for training, my advice is to come in and talk to the traders that went through the program. If you're unhappy with the training make sure you can leave with your capital right away.

Everyone got their own strategy, no need to kill each other over whose is better. People choose the strategy that suits them, that's all.

I think he meant to say 6/10th of a cent, not 6 cents. Anyone want to pay 6 cents? I got a job for them. LOL!!!

I'm trying, but too short for them!! :D

That could be me, I traded at Worldco a few years back. Send me a PM, let me know who you are.

Thanks. Do you know where you can do a simple search (i.e. % off 52 week high)?

Does anyone know of a software package or site where I can do simple screens and view stock charts on the India stock market?

I sent you a PM with my phone number.

Are you looking to start a BD or just a sub group (prop shop) under an existing firm. To start a BD isn't worth it rate wars have brought down rates so low that fixed costs will kill you.

I'm been a poster for a while, and I don't work for Worldco. But I do know the trader, and it wasn't his decision. It was a Worldco firm wide decision. So he had no choice but to change the policy. This happened in several offices of traders that I know that run them for Worldco. Kinda...

Your last two points are actually pretty good and make sense. The only point you miss, is that prop shops have had to change their business model cause the lower rates just don't build in enough margin to take the losses on the losing traders.

Are you nuts, have ETG and Schony just recently not closed offices? I have several friends that run different shops in this business, and 1/2 mil+ a year guys basically do not exist. So where is the liable in what I said. Overtheline, you're the type that just likes to take the opposite...

Give me break Samba, now I realize you live in the past. There are a rare few traders w/o order flow that are making 1/2 million a year. Most of those shops you mentioned ETG, Schony are closing down, and most of their traders who were making millions in the great bull market, blew up or...

That is exactly what happened. I know the trader that runs the office.

The guy is looking to trade at a place where there are at least some successful traders he can bounce ideas off of or pick up helpful info from. He doesn't seem to be looking for someone to sit there and hold his hand, which most failing traders want. If you don't have alot of capital to...

Look, some people actually have had good experiences with firms we've had bad experiences with. So you can't attack everyone that tries to tout that firm. Just leave it be. There is enough info on this board for someone to figure out which firms are good, and which one's are bad. But the...