University graduate becoming a trader

[arealpissedgoy]

Quote from oliverhenriquez:

Yes! Indeed that is correct, I went to an assessment yesterday for it. I was told that it is about 18 months before any money begins rolling in. So it is just a matter of dedicating myself entirely to that, and discuss with my parents if they can support me a short while before I start making some money...I was told that following the 6 month period that the profits made are divided 50-50, and as you become more experienced they will gradually move it towards 70-30 in your favour.

Not bad. Much better than the lynching new trainees get at Swift and other prop firms

 

[curtains]

So I just had a look at their website.
If you have another interview, or if you start working there, ask them how they determine which trading solution they use. Is it based on latency and reliability?

I reckon the past few months for these guys has been hell, wondering where all the speed they thought they had has gone (if they are scalping, i'm not sure of the strategies employed).

 

[xusorcim]

Quote from oliverhenriquez:

That's correct, I would not want to waist my time although the opportunity is unqiue, if I am good at trading 18 months down the track it could prove to be quite beneficial...Being 21 is definitely an advantage, given I could continue to live like a student and have limited comittments. I guess it's also better to use someone elses money rather than yours when getting started...

Just wondering if you did take up the offer to work at Propex? If so, how are the working conditions like there? How did you find the training etc? Do they teach you a lot of things, that could help you avoid needing to learn from painful experience yourself?

Hope you can offer some insights. I am considering the same thing you are now. Except I heard that they no longer offer a $1000 / mth base salary.

Thanks