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I would go with DRW, well respected and hard to get into. My experiences with the "Poison Ivy" of SIG was not pleasurable. That place doesn't have the culture I want to be around.

I was thinking about applying for the junior trading position.

So you must be working for Breakwater b/c I heard that was their exact price tag and all the new openings are overnight. A lot of the newbies in Lincoln Park (Chicago) are working 12 hour shifts. A lot of the firms in Chicago are 35K + bonus but the bigger names are offering around 50K+ bonus...

Contact some Rho traders through facebook. From what I have heard, the only firm people told me to stay away from was Ronin. I know some guys left there recently to start their own firm.

I took optiver's trading exam last Friday and got destroyed. They substitute commas for decimals and colons for division. It drove me nuts! You had to get 53/80 right in 8 minutes to pass. Any wrong answers and they deduct two points from your score. The exam was all arithmetic though, very...

hhmmm, do tell more......

haha, well I am trying to figure out what I am going to do. Not sure if I should let the details go at this time :D

I am receiving an offer tomorrow by a prop shop in Chicago.

A lot of the prop trading firms in Chicago are looking for overnight junior traders. Pay is anywhere from $35-50/yr base. Allows you to trade your personal account during the day.

v is for volatility :D

Sounds like a hedge fund to me....good luck getting into one of those!

Why do you want to trade?

In Chicago: I've interviewed with a handful of prestiege proprietary tradinf firms from equity options market makers to overnight metals arbitrage. From my experience, if the firm doesn't recruit from your school, getting an interview will be difficult. Mission #1, find out who the recruiter...

What level (there are 5) is optionsexpress willing to give you? generally there is some due dilligence a financial firm must give when granting trading permissions. This is generally based on an inhouse "credit scoring". I just can't see a firm allowing you to write naked puts or some advanced...

From my four interviews, be well versed in verbal stat questions. Quick mental math of fractions and algebra helps. "Why do you want to be a trader?" is a common question. "What skills do you have that would make you a good trader?" "Can you program?" "What classes have you taken...

I found a few positions I would like to apply for but I'm not dealing with the "submit your resume online" crap. Does anyone have the address or phone number of this outfit in Chicago?

I've joined the local network on facebook and started hunting down traders

Unless you can pull in a lot of high net worth clients, I think the days of making a ton in financial planning are over. With hundreds of shops out there the comissions have been cut so much that it takes twice the book to make the same amount. I interned at a "big name" firm and the old guys...

not to mention medical & dental working for someone else

I had a pre-interview from Group One Trading in Chicago. Those exact questions were on the "survey". One of the questions asked during the interview was: "What is the probability of pulling 2 aces back to back out of a deck of cards."