I feel like a traitor.

"hell I'm almost graduated."

But you don't work at Swift ????

"I'm smart enough, I'm good enough, and gosh darnit, people like me".

Just keep repeating that while you look in the mirror.

"I'm not even sure how they got my number, or for that matter knew my name."

Maybe CIA or KGB. Or maybe its operatives from the Carlyle Group. Just when you thought they were happy making billions of dollars by hiring ex-presidents, they diversify. Yessiree Bob, let's pick the brain of a guy who scalps stocks for 2/10ths of a cent. I'll call Michael Moore on your behalf, I smell a new documentary.
 
Why would you feel like a traitor :confused:...I mean does the company feel bad that they FORCE you into tons and tons of trades in order to make commish?...
 
newguy1,

I envy you, to be able to do what you are doing with Equities and with other traders around you (I trade Retail Spot Forex all alone from home, hence my numerous posts here, when I get bored). It sounds like you are in the right place and settling into the boring job of execution.

If it were me, I would stay and collect the slow and steady money and bank it.

The grass may not be greener...and its far too early to take that step.

Michael B.
 
You didn't say if the deal involves splitting profits at either firm. If it does, I would recommend going with the firm where you'll be able to master a strategy that gives you the best opportunity to take the strategy (once you master it) anywhere else and keep 100% of the profits.

For example, if the profits at the new firm are based on their proprietary software, then you're stuck there as long as you want to trade that style and stuck splitting your profits.

Good luck with your decision.

Cash
 
Quote from newguy1:

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Has anyone else ever felt a little guilty leaving a prop firm that hired you with no capital contribution? ...
More...

Spend as much time worrying about this as you think the firm will spend worrying about you after you leave .......

My guess is zero.. but if you are in the position of actually working for some decent people who care about your career development then - very much NOT the norm - you should try to ensure that these people are taken care of once you have your new gig in place: offer to help them get a replacement, refer them business, help them out and express your gratitude etc.

In other words, leave on good terms.
 
Clearly your a young person with minimal "street" experience. Take it from someone who has been in the biz since 1996 and the age of 24. The sooner you learn that NOBODY cares about whats best for you and everybody is in this for THEMSELVES. The sooner you will find success and your niche. I don't know anything about your current deal so thats the best advice I can give you. Good luck and look out for #1.
 
I also agree. But I think if he is in training, he should stay where he is and get a desk.

Everything you say SW is absolutely true and I wish I had discovered this at your age.

However, one comment. If your fortunate enough to find someone you can trust...truly trust, then its two against one.

Michael B.


Quote from SWScapital:

Clearly your a young person with minimal "street" experience. Take it from someone who has been in the biz since 1996 and the age of 24. The sooner you learn that NOBODY cares about whats best for you and everybody is in this for THEMSELVES. The sooner you will find success and your niche. I don't know anything about your current deal so thats the best advice I can give you. Good luck and look out for #1.
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Don't feel like a traitor. Do what's best for you. I think many of us here are telling you this based on personal experiences. The reward for your loyalty will be nothing. As a matter of fact, they will just think you are nieve and take advantage of your nievete even more.
 
Quote from SWScapital:

Clearly your a young person with minimal "street" experience. Take it from someone who has been in the biz since 1996 and the age of 24. The sooner you learn that NOBODY cares about whats best for you and everybody is in this for THEMSELVES. The sooner you will find success and your niche. I don't know anything about your current deal so thats the best advice I can give you. Good luck and look out for #1.
More...

Couldn't have said it better myself.
"If you want a friend get a dog" Gordon Gekko
 
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