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made front page on drudge http://www.ft.com/cms/s/5f9c46dc-80a1-11db-9096-0000779e2340.html

Hey, I'm right out of college, with the opportunity to join a upstart prop firm, with some career traders. I understand why they make you put up some money. But for a kid that hasn't traded professionally yet, is there any training session, or mentoring program usually? Or do they say "oh hi...

rock on, what is it? a prop shop, hedge fund, etc? Did you have to put up some $$?

for a internship or a full time position?

well Im a grad, I'm out of college. I'm just having a really difficult time getting in the industry, at any capacity. Ideally I want a assistant trader, salary position. However I am saying despite my determination, my not preparing for the industry triumphs my effort beside getting a prop...

well thats a good story, and I enjoy the message that all it takes is determination, but like you said you had a good GPA, you did do the internships, etc... What about someone like me who only realized that they wanted to do trading after they graduated, had a mediocre GPA and a very...

Ya but that surely doesn't describe a internship... My definition is a paid or unpaid 3 month job where you learn the biz.

i havent found one, I posted a somewhat similar topic, and someone raised the great point of why would they give a unproven trader their money when they could trade it themselves?

thats beautiful

Spelling on the internet: Serious Business

what if I know the traders in it have made some decent $$$. sorry to pry, I do get what you are saying, and it seems to make sense.

Really? so these places can be reputable? Can you make money at them? Its looking like its my only way into the industry right now, I was really looking for a "trader assistant" position, get a salary, and then start trading my money once I was able to get some decent knowledge, and money together.

I'm 22 and I may have an opportunity to join one of these places where you use their methods, and work with their staff to trade. What does everyone think of these places? Even if the owner is a proven trader, something seems pretty fishy to me. They mentioned that I would need 15k to enter...

can't describe*

People cannot imagine that perhaps capitalism is the best even for the poor. They believe that they can describe the entire function of economics using their common sense. They can't possibly imagine that simply redistributing wealth, or having a welfare state might actually hurt the people...

26,300 mistakes? Thank God he's not a doctor... What exactly did he do though, I dont get it.

good for him...except now he is in a Chinese prison...

I believe the liquidity of markets is also dependent on the money supply.

I am having trouble even getting an Assistant trader position, and I graduated from a top 50 college, with a degree in physics. Its awful trying to get into trading companies out there.

i would guess the answer is you have to when you want to lower interest rates