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I meant trading is a risky career relative to other investment banking jobs. My point was that due to systems put in place, it is tough to get a trading position in a bank and even tougher to get into prop within the bank etc. And if you fail somewhere between starting on a trading desk in a...

You are correct in saying that my posts are my opinions since I already mentioned that its my 2 cents worth? I am just wondering why you disagree with what I said because I honestly stand by it. Choosing a trading career is just taking on a whole lot of risk for a career. There are systems...

Credentials are rather typical I'm afraid, top tiered college, varied internships which are more towards quantitative side, strong academic background related to markets and decent interviewing skills. I think bulge brackets look for people who are smart (evidenced by college/grades), interested...

probably SMB along with a lot of other prop firms out there. But to be fair, there are a number of prop firms that are decent, the issue would be the definition of a prop firm. Nowadays, prop firm and hedge funds are interchangeable.

SMB sounds like a bad deal being offered on a silver platter garnished with figs and olives. Honestly now, only people with poor understanding of how a business is run would sign up with these guys. They give you all the downside from a career perspective and take all the upside.

Prop shops are always at the bottom of the barrel. No two ways about it. If you are really good and deserves a chance at trading, you should have worked your socks off to get into a good school, then work your ass off to get an offer from a bank. That is the first step, after which, go prove...

Think that FNY is trying hard to recruit grads from only top schools. That might explain the rejection for non-ivys. But having considered a role with them (and being an ivy grad), I wondered why I would want to join a prop shop with little upside. But I agree with Don (Bright) that FNY has...

Yeah just an extra note, I hope more people with queries PM me. I just realize how many of these prop shops are taking advantage of current market turmoil to lure top candidates into a less than ideal environment. It is kind of worrying. I am wondering if I should contact my university's...

Hey, I interviewed with this firm recently and the previous poster who said he sat with a trader got it spot on. I did the same thing and interviewed with someone called domino or something right after I think. Anyways, my 2 cents worth: 1) If you can get into a bank (even bottom...