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1). If you know somebody who trades there that will bring you on and mentor you. 2) You send in your resume and go throught interview process. I don't think they require anything in particular as long as you really want to trade for a living. check out www.holdbros.com

Hold Bros. is hiring trainees. You can trade firm capital if they accept you. They may still offer a Draw I'm not sure though. Base salary no way boss.

I worked at Schonfeld last year. You get paid 20% of Gross at end of every month. You get a total of 60% (another 40% at year end) if you cover commissions. Commissions are $11 per 1000 shares. All inclusive ECN's, INCA, etc... This $11 rate is the same for everyone firm wide. They...

1. Discipline,Discipline! 2. Focus 3. Decisiveness/No Hesitation 4. Not holding on to losers (No "Oh it will come back...I hope") 5. Keeping emotions under control. If you just got caught short on a reversal, instead of yelling and screaming, cover and take shares up. 6. Learn from your...