This is funny! Candlesticks! Thats it!
Imagine that...a class on 'sticks. LOL
Too many college dreamers hangin' around here lately.
Prop Firms That Care?
- Thread starter TraderNYC
- Start date
This is funny! Candlesticks! Thats it!
Imagine that...a class on 'sticks. LOL
Too many college dreamers hangin' around here lately.
A few thoughts...
I bought a townhouse after my first years bonus with Goldman...Did any of you get a bonus last year? EXACTLY...that was at age 23....
As far as Candle Sticks...I took 7 classes which Goldman paid for from NYIF...the Steve Nison course was over $7,000 a person...the other classes were on Options Strategies...and technical analysis....Point is I have been taught by the best...sat with the best and learned from the best......
I left Goldman beacuse like I SAID...they were firing NASDAQ MMs they were not placing any of us there....THey only offered us spots on the NYSE or AMEX...I chose AMEX just to stick around...
I bought a townhouse after my first years bonus with Goldman...Did any of you get a bonus last year? EXACTLY...that was at age 23....
As far as Candle Sticks...I took 7 classes which Goldman paid for from NYIF...the Steve Nison course was over $7,000 a person...the other classes were on Options Strategies...and technical analysis....Point is I have been taught by the best...sat with the best and learned from the best......
I left Goldman beacuse like I SAID...they were firing NASDAQ MMs they were not placing any of us there....THey only offered us spots on the NYSE or AMEX...I chose AMEX just to stick around...
A few thoughts...
I bought a townhouse after my first years bonus with Goldman...Did any of you get a bonus last year? EXACTLY...that was at age 23....
As far as Candle Sticks...I took 7 classes which Goldman paid for from NYIF...the Steve Nison course was over $7,000 a person...the other classes were on Options Strategies...and technical analysis....Point is I have been taught by the best...sat with the best and learned from the best......
I left Goldman beacuse like I SAID...they were firing NASDAQ MMs they were not placing any of us there....THey only offered us spots on the NYSE or AMEX...I chose AMEX just to stick around...
It is funny that you think Trading takes Decades...to learn...Half the MMs at Spear were between 25-30...They seem to take all of your $$$$$$$ everyday! SLK Prop Desk as well...another yopung desk that probably took your Money.....
I bought a townhouse after my first years bonus with Goldman...Did any of you get a bonus last year? EXACTLY...that was at age 23....
As far as Candle Sticks...I took 7 classes which Goldman paid for from NYIF...the Steve Nison course was over $7,000 a person...the other classes were on Options Strategies...and technical analysis....Point is I have been taught by the best...sat with the best and learned from the best......
I left Goldman beacuse like I SAID...they were firing NASDAQ MMs they were not placing any of us there....THey only offered us spots on the NYSE or AMEX...I chose AMEX just to stick around...
It is funny that you think Trading takes Decades...to learn...Half the MMs at Spear were between 25-30...They seem to take all of your $$$$$$$ everyday! SLK Prop Desk as well...another yopung desk that probably took your Money.....
I can't imagine shops that pressure you to trade more, that is just so transparent and obviously lame. Rebate trading I can understand because that's what the whole business model depends on.
If you want someone who will train you and follow up and spend time on you and actually care, I think you'd need to hook up with a place that has a profit sharing agreement, doesn't require much money down, doesn't hose you with high rates and fees and actually provides training and mentoring. Their future profitability is tied to the long term success of their traders.
If you want someone who will train you and follow up and spend time on you and actually care, I think you'd need to hook up with a place that has a profit sharing agreement, doesn't require much money down, doesn't hose you with high rates and fees and actually provides training and mentoring. Their future profitability is tied to the long term success of their traders.
What's your point you conceited sh*t? I bet my tax bill alone was greater than your salary and bonus combined. Did you earn 7 figures - EXACTLY. Does that mean your pals (who you couldn't cut the mustard with) took my $$$$ everyday? EXACTLY.
Prediction: You will foreclose on your overleveraged town house before you make any $$$$$$ trading.
Listen...I am not insulting its members...people are over sensitive here...
Please understand that orderflow volume dropped significantly last year...that is why Goldman made cuts...every bank in the industry did.....
As far as 7 figure salary...no where close...I made $95,000 my first year out of college...! Not bad...at all.
As far as experince...I had the Best internships in college...every summer...I was on a trading Desk...PaineWebber, Rob Peck McCooey and a small hedge fund...You people make me laugh...Stop being so jealous...!
Like I said...I am more intelligent than a clerk on an exchange...that is why I left...I did not get fired!
Anyway...I saw how Goldman Trained their Market makers...do you people really think you hvae better skill? just be honest with yourself...
Please understand that orderflow volume dropped significantly last year...that is why Goldman made cuts...every bank in the industry did.....
As far as 7 figure salary...no where close...I made $95,000 my first year out of college...! Not bad...at all.
As far as experince...I had the Best internships in college...every summer...I was on a trading Desk...PaineWebber, Rob Peck McCooey and a small hedge fund...You people make me laugh...Stop being so jealous...!
Like I said...I am more intelligent than a clerk on an exchange...that is why I left...I did not get fired!
Anyway...I saw how Goldman Trained their Market makers...do you people really think you hvae better skill? just be honest with yourself...
RS7,Quote from rs7:
I was with Schonfeld for a while. Their training was very good at that time. I don't know about now. They had a system that was quite effective, but it was based on momentum.
Now, momentum does not seem to be quite so dependable as when I was with Schonfeld (mid 90's). I have no idea what they are training right now. I have a good friend who is still there, and is a trainer. I will ask him and report back if I find out anything. They are quite closed mouthed about what they do. Lots of nondisclosure policies.
I myself was a trainer and desk leader when I was there. I can tell you this. It was very simple. Buy the strongest stocks on dips, and short the weakest stocks on bounces. Very straightforward. (issues needed to qualify in several ways....volume, relative strength, etc.). But trading was different then. I will ask what they are training the new traders now. My guess would be that they emphasize selectivity and patience (always a good idea). I do wonder how they determine stock selection though. I will get back on this issue after I touch base with my friend. (If I learn anything worth repeating and not endangering his "nondisclosure" promises).
Peace,
rs7
Thanks for the clarification. It would be interesting to know what is the "style" being favored these days there.
BTW, it is interesting that the weak ones were being sold on rallies - that could cut down on bullet costs.
nitro
First year out of college I made 5 times what you did, so stop it man, it's not even entertaining.
I personally don't know any Goldman MMs, and I'm not familiar with the training, so can't comment on that. But based on you, my impression of their MM group is not too high.
Returning to the original question of the thread, if there are any prop firms that truly care about their traders, yes there are such firms out there, but they are probably not good enough for someone like you.