So I got fired from my prop

A

awhoa99

So i got fired from my prop firm a week ago. Apparently I wasnt where they thought I should be in the learning process. It sucks, but what should I do now?? Continue trading or seek another job? What other jobs would even look at a unsuccessful trader; also is this normal process for prop firms to let go of their new trainees
 
willing to bet that if you named the firm most people would say it's a blessing in diguise. how was it going? how long were you there? do you truely have a passion for the industry or just get rich quick mentality? answer these and you'll have an idea of what you're asking.
 
6 months and was finally showin some improvement.....went through the change into hybrid and everything....is this standard?
 
It's a normal thing to get fired from a prop. firm, if you are not making money. If they gave you a 6 months screening period, it may not be a bad firm. I'm more familiar with places with 2 weeks screening, which pretty much my standard with prop. firms.

Eventually, trader's job is to make money. If you're not doing it, you have no excuse what-so-ever... regardless of the Hybrid or the assumption of improvement.

If you can elaborate on the details of your actual trading performance, maybe you'll get more feedback. Another helpful feedback is how the other traders in the firm are doing.

Anyways, what I can say so far is... no one can tell you to quit/stop trading, regardless of the type of job you'll get in the future.
 
If you really love trading, you could switch to a retail "prop" firm, trade your own money while picking up your learning/training where you left off.

That's what I'd do, at least.
 
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