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I just borrowed some $ from a friend, I'm working on more capital. I will go all the way with this whether pro or prop. I definitely don't need the timing to be perfect (your point is well taken), but I am gonna do this right. I am still interested in more trader feedback about First NY...

:mad: Hitman, your there, What is the story with this Walter guy! Does any of that stuff affect you as a trader there? what about the PTJP mess. The rankings are pretty negative as well as specific. by no means should you take my inquiry as a personal matter, but the inquiry goes to you...

The focus is intraday, but I am interested in overnight positions and hedges as well. I think I read somewhere here that Worldco traders can do this but with a much lower firm capital rate. (maybe 4 to 1)? correct me if I'm wrong. Oh yeah, bye the way, I am definitely saving mucho $ (for...

I guess this kind of topic gets beat to death, but I'm still all ears.

I won't do the loan thing because I don't want to be stressed about owing more money than I already do. tell me if you agree with this: the less bills, payments, kids, etc you have the less stress/ distraction there is in your trading, hence the better probabitlity for sucess. from what I...

the professional daytrading arm of Datek broke away, something like that. They're very professional, that's what two guys I know say. supposedly very good, all Nasdaq. www.heartlandsecurities.com good luck.

and it looks like limitdown's got it right. I have heard of plenty of starter salaries, but it goes like this. you get 40k, 45k slalary for about 4-6mos maybe longer. Its just enough time to teach you a little and get you running. But it boils down to the same thing. If you're not...

Just replying to bounce this thread to the top of the list. I'm still looking for any info, etc.

I'm always on the look out for info on the different firms cause I'm trying to find the most effective way in. I met one of there newbies in a bar a ways back. He was too new and clueless but from what I gathered they give their traders top equipment, have mroe experienced traders as...

I just love this board. Somewhere here I read that somebody thinks prop trading or firms or opportunities are better on the west coast. I'm a New Yorker, but after the madness around here, fun and sun sound good. So if I go into prop trading, why or why not go to Cali? I didn't find the...

I've read much of what you've posted. I like worldco.. my personal finances are holding me back, cause from what everyone says around here is that I probably won't make money for at least a few months. So I want to stay cool for now an save $$, but I'm positive that I want to be a prop trader...

liltrdr: I read the site Momentum is another that looks good. Any numbers on the salary? I really couldn't care about salary, its simply a means to save myself the time it takes to save that kind of bank roll

andrasnm: I definitely need to find out more about this place. Your right salary definitely matters for now. Otherwise I would be left to my own devices to raise capital. That would take time. I've got the patience to do it and am trying to get myself in a financial position to make a year...

The purpose of this thread is to hopefully give me a fair read on this firm and maybe some general career guidance. Any traders out there ever work for this firm. This is my first post, but I'm an avid market watcher and am seriously working toward a career in prop trading. FNYS salary/...