any prop firms hiring?
- Thread starter AnonTrader
- Start date
Good points, I thought I was going crazy here (what else is new?)...with all the concerns brought up....thanks for bringing me back to normal (whatever that is)..
To Stockrock: Please no more "Don Bright bashing" threads.....
To Stockrock: Please no more "Don Bright bashing" threads.....
I'm not about bashing Don Bright, I'm about clearing up what the real world probabilities are in earning a decent livelihood when you think that you should try one of these pro brokerages, there is simply way too much dissembling going on there, which is understandable considering the state of the industry, they are in desperate need for new people.
About hiring: actually you've been given some pretty good answers already, keeping in mind that when I say prop firm I do not mean a pro brokerage where you have to pay commissions etc and are not earning a salary, but a real trading firm where you earn a very competitive compensation package made up of base salary and bonus, and trade with the firms money, get top notch training you do not have to pay for, and are assured that you'll be sitting next to real traders who have been screened in a very vigorous application process for their compatability with trading, thus offering you a real win/win situation where the interests of both employer and employee are fully aligned in practise and not just theory, the employer only makes money when the employee is earning money:
Firms that are hiring include:
Susquehanna International Group of various trading firm
Wolverine
All firms involved in energy trading
Firms trading Commodities
Banks and Investment banks (at the moment the hardest to get into, but as I mentioned previously, I know for a fact that Deutsche have recently been hiring, you'll just need a lot of persistence and show some initiative)
Good luck
Tiger,
Read your last post with great interest. Can you please provide me with contact information for Wolverine and Susquhana? I am very much interested in pursuing a career with either an energy or commodity trading company and it seems you have spent a lot of time trying to prove there are jobs out there. If you could provide me contact numbers or websites of these or any other energy/commodity trading firms that are currently looking for qualified individuals it would be very much appreciated.
Thanks!
Read your last post with great interest. Can you please provide me with contact information for Wolverine and Susquhana? I am very much interested in pursuing a career with either an energy or commodity trading company and it seems you have spent a lot of time trying to prove there are jobs out there. If you could provide me contact numbers or websites of these or any other energy/commodity trading firms that are currently looking for qualified individuals it would be very much appreciated.
Thanks!
Sure, here goes,
http://www.wolve.com
http://www.susq.com
And energy trading, you'll find lot's of links you can follow up here:
http://www.business.com/directory/energy_ and_environment/energy_trading/index.asp?partner=FT
Good luck
Since I like your "signature line" and am quick to call "bs" on most, I'm glad you posted the links above. My friends at Susq are always looking for entry level people on the trading floor (this is a good place for potential traders to "pay their dues"), and I highly recommend it.
The "business links" will likely turn out to be a bit more depressing, since the market is flooded with "enrons" and other energy types.
Don
The "business links" will likely turn out to be a bit more depressing, since the market is flooded with "enrons" and other energy types.
Don
Elcid, a pleasure and I wish you a lotta success !
Btw, I'd suggest reading
Statistics/David Freedman
and
Options, Futures and other Derivatives/John Hull
for any interviews.
Don, like I said, I liked a lot where in threads I've read you were calling bs by it's name.
Enron, yeah, that was bad, but energy as such is huge, practically exploding in Europe right now, and living in another country for a while can be a great experience.
Best, and have a great weekend, all.
Btw, I'd suggest reading
Statistics/David Freedman
and
Options, Futures and other Derivatives/John Hull
for any interviews.
Don, like I said, I liked a lot where in threads I've read you were calling bs by it's name.
Enron, yeah, that was bad, but energy as such is huge, practically exploding in Europe right now, and living in another country for a while can be a great experience.
Best, and have a great weekend, all.
I am a recent college grad who has been hired to be trained to trade at a professional firm starting in 2 months. therefore, there must be some firms hiring. On a side note about education. I know a good trader has no direct correlation to an ivy league education but dont knock it. An ivy education is hard work and can only help rather than hurt. I have an ivy education and if i believed all that pompous attitude stuff that is generalized about ivy leaguers than i would be an IB or a consultant instead of a daytrader. ivy education does not equal millionaire. why is this even an issue?
JC
JC
Would you mind posting, in an discrete fashion, the terms of your employment?
There is so much confusion out there about proprietary trading, that it would be nice to know the basics.
1. How much salary?
2. What your costs are?
3. What your "payout" is?
4. Is there a contract of sorts.?
And anything else you think would help others make their decision about trading.
No need to mention the firm if you don't want to.
Thanks,
Don
There is so much confusion out there about proprietary trading, that it would be nice to know the basics.
1. How much salary?
2. What your costs are?
3. What your "payout" is?
4. Is there a contract of sorts.?
And anything else you think would help others make their decision about trading.
No need to mention the firm if you don't want to.
Thanks,
Don