What do you guys think of this prop trading job?
Its essentially a day trader
You don't risk any capital
after 6 weeks of training you "go live"
The longer you stay and the better you do the more capital they let you have. You get to keep 50 % of all profits. And don't have to pay if there is any losses that month overall.
1500 $ trading expenses fixed every month which you don't pay unless you make more then 1500$ that month
The biggest cost is opportunity cost (Giving up a cushy job paying 60 K + Health benefits)
Its essentially a day trader
You don't risk any capital
after 6 weeks of training you "go live"
The longer you stay and the better you do the more capital they let you have. You get to keep 50 % of all profits. And don't have to pay if there is any losses that month overall.
1500 $ trading expenses fixed every month which you don't pay unless you make more then 1500$ that month
The biggest cost is opportunity cost (Giving up a cushy job paying 60 K + Health benefits)