Title Trading
- Thread starter stealth927
- Start date
bump.
I requested an application form to trade with Title at their North Carolina HQ
questions to other prop traders:
1. How did you manage to quit your job and join a prop, as we all know success isnt guarenteed.
2. Did you have to move to a different state? if so how did you manage your relationship
3. Was the training what you expected?
I requested an application form to trade with Title at their North Carolina HQ
questions to other prop traders:
1. How did you manage to quit your job and join a prop, as we all know success isnt guarenteed.
2. Did you have to move to a different state? if so how did you manage your relationship
3. Was the training what you expected?
I started off my career by trading with Swift Trade,we had a lot of platform problems.They do not teach you nothing really.They take you in a room the first day and they show you the extreme basics(trends etc.).After if you lose $50 during the day your computer shuts down.They give you 3-4 weeks to figure it out,if you don't ,you go home.
I have traded for Title also. Nice people. I really don't know if they teach you (cause I didn't need it). The platform is better than Swift, but not that it doesen't have problems at all! I heard from some traders there that in the beginning they give you $25 a day leway and if you lose it you go home and come back the next day. The firms are similar the fees and the people in Title I prefer.
I have traded for Title also. Nice people. I really don't know if they teach you (cause I didn't need it). The platform is better than Swift, but not that it doesen't have problems at all! I heard from some traders there that in the beginning they give you $25 a day leway and if you lose it you go home and come back the next day. The firms are similar the fees and the people in Title I prefer.
How does Title Trading's Kitchener branch compare to its Mississauga branch? Any suggestions?
Anyone here work at the Mississauga Title Trading branch? The company's website seems outdated, but I was able to find out (through Google's cache) that the Mississauga branch is located @ Dundas and Confederation Parkway. Anyway, I have a BUNCH of questions as I would like to work there. If anyone knows the answers to the following please fill us in:
1] How long is the training there, and is it done on a demo/virtual cash account or with real money?
2] How many full time traders work from that branch? And how many are under 30 years of age?
3] Once you complete training how much capital do they fund your account with? And are there any traders there that trade million dollar accounts?
4] Do they increase your capital every quarter - or at all - if you a profitable, or are you restricted to building upon the initial funds they allocate you? (Please provide as much detail here as possible).
5] Do they let you trade futures, options, and or currencies/forex once you attain a "master trader" level.
6] Do you get a dual-monitor setup, or more?
7] Do they use LightSpeed or ThinkOrSwim, Interactive Brokers, or some other well known trading platform?
8] Does the branch manager trade as well, and would consider him/her an experienced trader?
9] Do they allow any swing trades or position trades? Or is it strictly intraday scalping?
10] Do they have CNBC or Bloomberg playing on LCDs?
11] Are you allowed to keep Bloomberg or Yahoo! Finance open (I know SMB Capital allows you to do that). Or are you only allowed to use the trading platform?
12] Is the coffee free? =p
13] How does the interview process go? How many interviews are there? And are they impressed if you dazzle them with your market knowledge, or do they frown upon it (as some folks here have suggested about SwiftTrade)?
14] Do they have a "set in stone" trading style, or are you given freedom to develop your own style (within limits of course)?
15] When do they subtract their share of the profits? Or do they let them sit in your account and compound?
16] Do they deduct any taxes, or is it like Swift, where they let you do your own and pay you in pretax dollars?
17] You ARE paid in CANADIAN dollars, right (even though they trade American markets)?
I have other related questions as well, but this has become ridiculously long, and I doubt anyone will bother replying so I'm gonna stop =0)
1] How long is the training there, and is it done on a demo/virtual cash account or with real money?
2] How many full time traders work from that branch? And how many are under 30 years of age?
3] Once you complete training how much capital do they fund your account with? And are there any traders there that trade million dollar accounts?
4] Do they increase your capital every quarter - or at all - if you a profitable, or are you restricted to building upon the initial funds they allocate you? (Please provide as much detail here as possible).
5] Do they let you trade futures, options, and or currencies/forex once you attain a "master trader" level.
6] Do you get a dual-monitor setup, or more?
7] Do they use LightSpeed or ThinkOrSwim, Interactive Brokers, or some other well known trading platform?
8] Does the branch manager trade as well, and would consider him/her an experienced trader?
9] Do they allow any swing trades or position trades? Or is it strictly intraday scalping?
10] Do they have CNBC or Bloomberg playing on LCDs?
11] Are you allowed to keep Bloomberg or Yahoo! Finance open (I know SMB Capital allows you to do that). Or are you only allowed to use the trading platform?
12] Is the coffee free? =p
13] How does the interview process go? How many interviews are there? And are they impressed if you dazzle them with your market knowledge, or do they frown upon it (as some folks here have suggested about SwiftTrade)?
14] Do they have a "set in stone" trading style, or are you given freedom to develop your own style (within limits of course)?
15] When do they subtract their share of the profits? Or do they let them sit in your account and compound?
16] Do they deduct any taxes, or is it like Swift, where they let you do your own and pay you in pretax dollars?
17] You ARE paid in CANADIAN dollars, right (even though they trade American markets)?
I have other related questions as well, but this has become ridiculously long, and I doubt anyone will bother replying so I'm gonna stop =0)
I was asked to participate via PM...
1] How long is the training there, and is it done on a demo/virtual cash account or with real money?
dont know
2] How many full time traders work from that branch? And how many are under 30 years of age?
dont know
3] Once you complete training how much capital do they fund your account with? And are there any traders there that trade million dollar accounts?
Training is never 'done' as a trader. You would likely get something like 25k BP to start. Im sure there are several traders there with 1m+ bp.
4] Do they increase your capital every quarter - or at all - if you a profitable, or are you restricted to building upon the initial funds they allocate you? (Please provide as much detail here as possible).
Branch managers ask for BP when needed. there are no "funds" to be built. BP is just credit to make transactions.
5] Do they let you trade futures, options, and or currencies/forex once you attain a "master trader" level.
title only trades stocks.
6] Do you get a dual-monitor setup, or more?
likely, i dont see how you could trade on 1 monitor.
7] Do they use LightSpeed or ThinkOrSwim, Interactive Brokers, or some other well known trading platform?
sterling trader pro
8] Does the branch manager trade as well, and would consider him/her an experienced trader?
if the branch managers are who i think they are, yes, they trade and are experienced.
9] Do they allow any swing trades or position trades? Or is it strictly intraday scalping?
anything that makes money. everyone is flat by the end of the day
10] Do they have CNBC or Bloomberg playing on LCDs?
?!?!?
11] Are you allowed to keep Bloomberg or Yahoo! Finance open (I know SMB Capital allows you to do that). Or are you only allowed to use the trading platform?
?!?!?!
12] Is the coffee free? =p
?!?!?
13] How does the interview process go? How many interviews are there? And are they impressed if you dazzle them with your market knowledge, or do they frown upon it (as some folks here have suggested about SwiftTrade)?
they would probably be leary of someone with this many questions
14] Do they have a "set in stone" trading style, or are you given freedom to develop your own style (within limits of course)?
dont know
15] When do they subtract their share of the profits? Or do they let them sit in your account and compound?
everyone is paid once a month, last day of the month in arrears
16] Do they deduct any taxes, or is it like Swift, where they let you do your own and pay you in pretax dollars?
they dont deduct anything
17] You ARE paid in CANADIAN dollars, right (even though they trade American markets)?
no, usd
1] How long is the training there, and is it done on a demo/virtual cash account or with real money?
dont know
2] How many full time traders work from that branch? And how many are under 30 years of age?
dont know
3] Once you complete training how much capital do they fund your account with? And are there any traders there that trade million dollar accounts?
Training is never 'done' as a trader. You would likely get something like 25k BP to start. Im sure there are several traders there with 1m+ bp.
4] Do they increase your capital every quarter - or at all - if you a profitable, or are you restricted to building upon the initial funds they allocate you? (Please provide as much detail here as possible).
Branch managers ask for BP when needed. there are no "funds" to be built. BP is just credit to make transactions.
5] Do they let you trade futures, options, and or currencies/forex once you attain a "master trader" level.
title only trades stocks.
6] Do you get a dual-monitor setup, or more?
likely, i dont see how you could trade on 1 monitor.
7] Do they use LightSpeed or ThinkOrSwim, Interactive Brokers, or some other well known trading platform?
sterling trader pro
8] Does the branch manager trade as well, and would consider him/her an experienced trader?
if the branch managers are who i think they are, yes, they trade and are experienced.
9] Do they allow any swing trades or position trades? Or is it strictly intraday scalping?
anything that makes money. everyone is flat by the end of the day
10] Do they have CNBC or Bloomberg playing on LCDs?
?!?!?
11] Are you allowed to keep Bloomberg or Yahoo! Finance open (I know SMB Capital allows you to do that). Or are you only allowed to use the trading platform?
?!?!?!
12] Is the coffee free? =p
?!?!?
13] How does the interview process go? How many interviews are there? And are they impressed if you dazzle them with your market knowledge, or do they frown upon it (as some folks here have suggested about SwiftTrade)?
they would probably be leary of someone with this many questions
14] Do they have a "set in stone" trading style, or are you given freedom to develop your own style (within limits of course)?
dont know
15] When do they subtract their share of the profits? Or do they let them sit in your account and compound?
everyone is paid once a month, last day of the month in arrears
16] Do they deduct any taxes, or is it like Swift, where they let you do your own and pay you in pretax dollars?
they dont deduct anything
17] You ARE paid in CANADIAN dollars, right (even though they trade American markets)?
no, usd
