Quote from wongdill:
oh yes i do agree getting into i bank is the most impossible thing to do. i think mainly it may be the fact taht i lack in interview skills but 100k a year still seems quite far away. but does prop shop really can give you freedom in terms of time and flexibility? of which u need to go in as most of the ppl say 7-8 and getting the chop in the head if u don't perform well.
anyway gd luck to everyone.
-------------------------------------------------------------
prop trading is pretty brutal...as trading anywhere is.
depending on your contract - and whether you'll be strictly self-employed...the time is yours to do as you wish with.
be prepared to be tinned at any time...but that is the inherent beauty about prop trading. there is no bull sh1t. it is all about your p'n'l.
there is no one's arse to kiss...it is all about you, and your daily statements don't lie. you should be given time to bed in when a new grad...but once they've allowed you that time...then if you're losing the firm money they won't hold on to you for long.
good luck...it's the best job in the world if you can make money at it.
ps. rhinotrader...good points made...think you pretty much encapsulated what a couple of us were trying to get to i.e. two totally diff. jobs with pros and cons each way.