Search results

thanks for the link, but would there be something more official than that?? like a government agency or regulator? besides word of mouth and my feeling about a prop firm there is basically now way to know if I am going to be trading at a good place?

Where can I find information/ressources about a prop firm? Basically I am trying to find out if there have been any complaints/litigations/negative reviews about a few prop firm to be sure I am not starting my trading career working in the wrong place. I have checked sec.gov and called them...

that very much makes sense, thank you.

As a new trader, When shopping around for a prop firm, what key information should I ask for? for instance: - startup fee - fee per long/short share bought - payout ratio etc... but also what else and what's the usual range for each within the industry? Thank you, Hugo

Thanks for your quick reply. Also I was wondering if it is better to join a firm that does not require personal contribution, as it would create an incentive for them to be more involved with training?

Indeed I have realized that most firms are better at promising than actually delivering. That's why I was hoping to find somebody in the forum that knows from experience which firms are the serious ones, considering they are not easy to find for an outsider...

good one Surdo ;) I just didn't feel like bothering Don if he doesn't even consider new traders, and It also was potentially for other firms to see who I am and what I am looking for. thanks for your input anyways

Do any of you know which prop firms in NY state provide the best learning environment to learn day trading? I am inexperience for sure however I hold a M.S in Finance and during the course of my studies had a chance to learn about futures, options strategies, arbitrage etc.... I know applying...

Hey Don, I don't live far from great neck. I was just wondering if your prop firm would consider training and mentoring a motivated recent grad student? I have met with a few prop firms in Manhattan but never really felt comfortable working with them. Thanks for your time. Hugo