"The position requires the utmost commitment, as we are not a 9:30am-4pm trading firm (please do not respond if you think these are your hours). We have rigid rules and expectations of our trainees, with no room for non-serious individuals. The position is non-salaried, and is performance based. A capital contribution is required, however, the company can fund exceptional individuals with extremely outstanding credentials. "
Fader mentioned there was no restriction on strategy chosen/exectued; sounds like lots of freedom. The above statement sounds a little unique to prop trading firms (i was initially attracted by the freedom of it all)
I want to be clear; I am not criticizing/being negative in asking: "who does the above statement apply to?
{just wondering. Went to an Assent branch once for 1 week. Everyone was self-funded, but they were constantly being told to take 4 cent losers on stocks like amd and vlo--not saying you can't be profitable like this (there was a guy in the office that was really profitable doing this), but its obviously not going to suit everyone}