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If you are correct in saying that the people who leave go from one prop to another and are looking for scapegoats then why don't they complain about all the other shops that they worked at also? Sure you may have a point that these traders signed the deal, but if the deal is so great or...

I was told today by a current GHCO trader that they are ending salaried positions in London in the near future, and I was told that no new groups will be paid salaries from now on. Again this is yet to be confirmed by GHCO themselves but the traders in London seem to think that the salaries are...

If you don't live in Chicago then you should really shop around if you will need to move anyway. Mako are recruiting and seem like a very good firm but they specialize in Options Market-Making, same thing with Optiver, I know a couple of people at Mako and they really like it. I would go for...

What will happen to their current salaried traders in Chicago, and even London then if this is true. Will their contracts be terminated or will they be made to see their contracts out, I suppose it will be dealt with according to the individual. I noticed that in London they have had a fairly...

kamdooo you still haven't answered why GHCO and what you are looking for in a prop. firm? I laugh because you ask for advice and give us no information about what you are looking for so that we might be able to help you. Plus it seems that you are being selfish in trying to pick the brains of...

The original poster is a total moron. WE should encourage him to trade so that we can watch the market burn him bad, and then he will be posting bitter threads for the next 5 years. I laugh because he says that he loves the market and yet it appears that he has never traded, so HOW can you love...

I just wonder how long it will be until this thread is deleted. I mean if you watch a movie that you didn't like then you are free to criticize without fear of reprisals. It is absurd that posts are removed because people criticize facts. If a contract is too long and very restictive then why...

I think you already said enough Showtime23 to express you opinion, LOL. By the way $8,000 desk fees are incredible if that is true, what would they offer you for that kind of money, a company Ferrari!!!!

$6000 is an insane cost for desk fees, avoid it at all costs as it is hard to make money anyway. You can get 70% or more and $2000 desk fees if you look around, I have a great prop. deal in London (even better) which I will not name as I want to get my friends in the firm first and places are...

Most important is why GHCO? There are so many firms desperate to recruit graduates now that you have a lot of choice and the firm needs to sell itself to you equally. Check out www.efinancialcareers.com as a trainee trader position seems to be posted there every other day. Which office are you...

It's not gambling provided that you understand what you are doing. Unfortunately most traders in my experience don't know what they are doing and so YES they are gambling. I suppose it all depends on who you are and your attitude to the markets and your trading.