Search results

I understand what you are saying... But I must say SMB capitals has a somewhat "better" training than other retail prop firms out there. And, of course, First NY Securities is the best; it has 3 years of intensive training program & $55,000 base salary. No one can match up with First NY...

I could be wrong but I think trading a firm's money or ( using your money plus high leverage) is the same thing. WHY? Because the bottom line is, it's YOU who have to take care of your losses. Your salary is what left(after trade commission/firm commision...& YOUR losses). The firm doesnot pay...

Hi there... I put this question here because many prop firms use scalping technique to trade. But I've an intellectual conversation with some Professional Trader in this forum. He taught me a lot of things about the changes in trading due to computer program trading. I really thank to him...

i just don't see the need to use offensive language. i mean, its trading not pimping jobs. also, if one is so successful, why there is a need to be so "rude" & offensive. there is no need for that. traders are not drug dealers nor pimps....why talk like one? lolz~ if one is so...

some replies here are so "amazing". please don't give a wrong impression that "successful traders" belong to the low-class society whose language is as worst as drugs dealers.

why everyone is so angry at him? i don't see anything wrong with what he just posted. anyway... to the person who started this thread. why don't you go to First New York Securities to apply for a prop trader trainee position. http://www.firstnewyorksecurities.com/faq.htm that firm is...

I am very curious. Why successful traders would rather work for a prop firm than work by himself? 1.Is it because of leverage? 2.Wouldn't a successful trader have more than enough capital to trade at home for himself only (since successful traders must have a lot of money)? Please...

great advice about letting the winners run & trade less BUT how do we know if we have a winner? any thoughts? thank you~

I am new at this so please give your input if you know, thank a lot. REBATE TRADING... is that true your net P&L will be NEGATIVE, always? If so, how do you get paid if your "net P&L" is negative. I thought your salary is only based from "positive net P&L". Gorss can be positive but if...

wow~! i am very surprised to know that. most famous wall street firms need tons of degrees...CFA...MBA... may be you get lucky, i don't think in reality many famous firms will hire someone who doesnot have tons of degrees. congrats to you, by the way!

I can't understand why posters here don't like SwiftTrade? I think SwiftTrade has a lot of nice and hard-working traders. I don't see anything wrong with it. I am very surprised to see this forum & other forums too, many people have little positive things to say about SwiftTrade...

because i heard it's hard to get a position there. you got in, it doesn't mean it's easy to get in or you have no brain. i think you are genius then. congrats!

who is that? is that the gal from WSW? she got the job? lolz

Its not about Prop firm training...

if you are working in accounting, its better to get a CA, not an CFA (if you have to chose between the two)...but of course, if you have both CA & CFA then you'll be wealthy working as a Wall St Investment Banker, starting salary, $100,000.... lolz.

the series 7 seemed to designed for a broker more than a day trader to me. i don't understand why some firms require that for just a prop trader position.

well, that guy tim(from wall street warrior show) used to work from his home as a hedge fund manager. what's wrong with working at home? nothing! who cares what people think if you are making good money.

did she get the job?

wait for two green candles (those with higher lows & higher highs) & go long and do the reverse for going short. of cours, no method is 100% safe.....lolz

very strang that guy tim lost so much money while on the show. i wonder if he really makes good money nowadays. the bubble bust period is over, how much can he make now? he doesnot have so much money compared to real wall st guy ...1.6M is nothing. i don't understand why he was...