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Hey guys. Im an ex Prop trader with the now defunct Tradescape. Just looking for wisdom from you guys about the real differences about Proprietary Trading for an Invesment Bank VS Proprietary Trading for a Prop Firm.

yes, if u are offered a job with Momentum, it will be on contigent that u pass the series 7, 55 and 63 for the offer to be valid, of course. They seem pretty strict about it..i dont know if other prop firms are as strict about it, but even if u fail any of the exams once, the offer is dropped.

hey liltrader, not with Worldco. I am actually with Momentum, which is a subdiv of Tradescape. I certainly do agree with the feed back so far ( though not much in here) that there is little pressure, no silly contracts, a stable draw, and that there are plenty of formidable traders on...

hi, I do notice that daytrading firms like alltech, worldco, protrader, ETG etc are mentioned very often, either by people seeking to trade with them or ppl trading with them. I am curious as to why Momentum securities, which is one of, if not the largest now, day trading outfit is hardly...

fellow traders. My current credentials certainly do not warrant the question in the subject line just yet, as i am barely 3 months into my "life" as a prop trader. Here i the situation. When i was a freshman in college 3-4 years a`go, i read a feature article in "Fortune" about the the...