Search results

Has anyone used both Ameritrade and Tradestation ? If yes, I am wondering what the major differences are between the two brokerage sites. I know that commission is cheaper at Tradestation. I am in the process of researching other aspects of Tradestation. Any help would be appreciated. Thanks.

Has anyone used both Ameritrade and Tradestation ? If yes, I am wondering what the major differences are between the two brokerage sites. I know that commission is cheaper at Tradestation. I am in the process of researching other aspects of Tradestation. Any help would be appreciated. Thanks.

I am wondering how much money do you have to put up front if you are planning to remote trade with Bright trading. Thanks.

Hello, It is a privately held proprietary trading firm in the northern suburbs of Chicago. This firm has been around for about 12 years. There are 100 employees and about 75 of them are traders. They pay $30,000 per year as a starting salary and you keep 50 % of the trading profits you make...

I have a phone interview scheduled with the proprietary firm in Chicago. This is my first ever interview for trading. Can anyone shed some light how interviews from prop. firms are like ? What kind of questions should I ask them beside the usual ones ? Thanks.

Does anyone know in general about the working environment and salary structure in a proprietary firm ? Any other information about pluses and minuses of working in a proprietary firm vs. working for an investment bank (as a trader) would be highly appreciated. Thanks.

International Trading Group, L.L.C. / DE Trading Corporation is a privately held proprietary trading company located in north suburban Chicago. Does anyone know about the reputation of this firm ? I will really appreciate any information on this firm. I have a phone interview scheduled...

I am an EE by degree, but I do not have the personality of a one. Since the five years I have graduated, I have not done any EE-oriented work. My fundamental reason for selecting EE in college was wrong . I was very good at math, and I went into EE thinking it is mathematically the most...

It appears that the hiring system is set up to hire only the recent graduate. So if you are out of school for more than a year, it will be very difficult to get a position in trading unless you go back to grad school for MBA or something finance-related. This is my biggest dilemma right now.

Does the overall stock market have any major impact on refiners ? In other words, does refiners tend to go up every year going into the driving season regardless of the equity market ?

Is it true that BB firms have significantly cut down on hiring new traders at this time for obvious reasons ? Thanks.

It cannot be possibly anything more than a very short term bottom. We have at least 1000 more points (more than likely around 2000) to go on the downside before we can call it an intermediate bottom. One of the biggest financial crisis in the history is not going to bring merely a 17 %...

I understand that you cannot take level 7 exam unless the company sponsors you. However, does anyone know of any books you can study even before getting hired that can help you pass that exam ? Thanks.

Hi Dividend, Thanks for the reply. There is a difference between managing family money and trading. Please elaborate what specific experience are you talking about when you say investment banks or hedgefunds do not care about personal trading experience. How do you think the assistant...

Thanks everyone for the responses. Feel free to pass any good ideas in the future.

I must clarify that I have never considered leaving my current engineering job even for a minute unless I find a position in the trading arena. When I talked about moving to the northeast area, what I meant is that I will find a similar position in the northeast area and continue working for the...

You don't obtain a position in trading per se ... trading is a business where your imagination is the only limitation to what you can make. I understand that..., however there are couple of problems with that. One is that there is a limit as to what you can make trading individually as you...

I am definitely not planning to quit my day engineering job until I find a position in trading. I am only in my mid 20's and do not nearly have enough to quit my day job. I am just wondering how do I obtain a position in trading. It is very difficult to network with anyone in person since...

I graduated from Rutgers University 5 years ago with a B.S. in EE. I am currently working as an Engineer in Seattle, WA. I have been reading books on trading, have a thorough understanding of options, keep up with the current events and have been trading successfully on my personal account...