Best prop firms

from what I've read and researched... nope these firms do not exist. It all depends on if you get lucky or not and happen to come across a mentor who actually wants to help you and is knowledgable.

i did come across a mentor at a prop shop who is an alum of my school (ivy) but although it looked promising I decided not to take the risk... just not worth it, who knows if he actually knows what he is talking about... just because he attended an ivy league doesn't mean he knows what he is doing.
I'd much rather learn the basics at a large company who has an interest in investing in me and the growth of my skill set.

Although I'm now working at JP just as trade support I think that this is a much more reliable path, and once I think I know enough about trading, and actually still thinks the rewards is worth the risks, then I can always go back to a prop shop.
 
To all those that posted useful comments (especially BOSS HOG), thanks a lot. As for zdreg... i'm not exactly the best person u can get into a war of words with. But since i'm on here to get genuine answers, i'm not even gonna get into that. But for ur information, I've done 3 weeks of non-stop research, hour after hour, and finally thought that the best place to get an answer like this was a chat forum like this (which I also found by doing research). And since I'm pretty much new to this site, the most efficient form of getting an answer is not digging up hundreds of old- and for all I know non existent- messages that may have asked my question, but rather to ask it myself. So thanx for the help you strapping good lad ;)
 
Being an independent trader is quite simply the best option. option. It's the longer , tougher route, but more satisfying.

But that's only my opinion.

Quote from millydog:
So I guess I may eventually have to put up my own money and try to figure it out on my own.
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Quote from newguyintown:

Selective is an understatement. I think they're the most selective firm there is. I graduated top of my class with a 4.0 GPA and the highest cumulative average over 1300 seniors, but because my university is not well know in the US (it's overseas), I think I got totally ignored. but their training program is truly amazing for new grads.
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Oh Dont worry. Companies like FNYS and DEShaw select one in 1000 people interviewed. These companies are completely outsourced, meaning, recruiting and IT divisions are in India. If you dont fit in their numbers, some inexperienced recruiter abroad will just delete your Resume. I know it sucks, but thats how it is. Just call them asian based companies with marketing office in the US; rather than calling them US based companies that oursourced something abroad.

On another note, I found the hardway that its stupid to go against statistical odds of 1 in 1000. The real odds are even worse because they interview only some of all Resumes received.
 
As Emmanual Derman said in his book, if all it took was a phd to succeed in the markets, we'd have alot of rich mathematicians.
 
Hey newby in town
i would suggest you to read some book find friend who day trade at an firm look at them and from their friend and you can get a beeter idea of day trading
Books can help a little and friend if you know any can give your some ideas
some information on the internet and the best training is when you start traiding your self small amount of share trade every day with a firm who has low commission
you can try scalping holding stock for few minutes and different strag
:)
 
Quote from newguyintown:

Should I take "75 views" and no replies so far as a non-existence of such firms? :)
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check out the typical response rate-
replies/ views.
 
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