What are the best prop firms in NYC

[okwon]

Quote from limitdown:



Uh, who do they clear through?

Or, is this non disclosed also?

Are you serious?


Try doing a search on ET for Shill Securities. You'll get the idea.

 

[I Missed Boat]

Quote from knowledgebone:

What are the best (most admired/prestigious) prop trading firms, if there are any, in NYC? What does anyone know about Generic, AB Watley and First New York Securities? Please share your info with me as I am trying to decide on a firm to seek out. Thanks

First NY is more an institutional trading place. AB Watley is not a good place if you actually want to learn to trade and have a chance at making good money. Generic is fair. depending on the office you go too. Every firm has its advantages and its down sides however.

 

[I Missed Boat]

Quote from TM_Direct:





Without a doubt, SHILL SECURITIES, INC..is the best...lowest prices, best software and incredible support...if you do 500k share er day they are the one

 

[I Missed Boat]

Quote from okwon:



Seriously though, the one's that pay you a salary while you learn and require no capital will be the most difficult to get into. I don't know if that equals most prestigious or most admired. So out of your list I think that would only leave is First New York Securities.

Exactly, cause EVERY OTHER FIRM is requiring money down, and First NY is more institutional trading.

 

[I Missed Boat]

Quote from okwon:

Wow!!! Thanks TM you are saving me a bundle. I realize that I signed a non-disclosure with you so I cannot reveal my new rock-bottom rates I'm getting with your LLC.

As good as those rates are, they get you on the desk fees and the terrible management and payout. I had a friend there, and he said that when they stood around the water cooler and talked, the management would yell at them to go back to their desks and churn for the firm. My friend left and is making $15g per week now. You might know him, he goes by Marc to Market on ET (who says he's doing that consistently from home with one screen, limited leverage, 3 hrs sleep, not watching the market much of the time, scalping stocks with under 2 yrs experience).

 

[okwon]

Quote from I Missed Boat:



As good as those rates are, they get you on the desk fees and the terrible management and payout. I had a friend there, and he said that when they stood around the water cooler and talked, the management would yell at them to go back to their desks and churn for the firm. My friend left and is making $15g per week now. You might know him, he goes by Marc to Market on ET (who says he's doing that consistently from home with one screen, limited leverage, 3 hrs sleep, not watching the market much of the time, scalping stocks with under 2 yrs experience).

Hmm... maybe I should just stay at my Shill branch instead of going to TM's then. My mentor here, Ernie, is the best and I am learning a lot from him. He has an MBA from Wharton, is huge, and he reads annual financial statements like most guys read Playboys. The only thing that bugs me is that the office smells like meat and cheese all day.

 

[omcate]

Quote from TM_Direct:



Without a doubt, SHILL SECURITIES, INC..is the best...lowest prices, best software and incredible support...if you do 500k share er day they are the one

They are still there ? SHILL SECURITIES should have been acquired by Shithole LLC and Littleshithole International LLC by now. The deal was valued at $200 billion, largest takeover in US history.

 

[okwon]

Quote from omcate:



They are still there ? SHILL SECURITIES should have been acquired by Shithole LLC and Littleshithole International LLC by now. The deal was valued at $200 billion, largest takeover in US history.

You can't post that information yet! I will have to report you to the SEC for insider information.

 

[hardrock375]

Quote from okwon:

The only thing that bugs me is that the office smells like meat and cheese all day.

But, of the highest quality, I am certain.

 

[I Missed Boat]

Quote from okwon:



You can't post that information yet! I will have to report you to the SEC for insider information.

Uh oh, omcate. You best watch out. These cats got those super high priced lawyers on retainer. They don't care about flexing their legal muscles just to ruin your life and make an example out of you, and that's IF YOU'RE LUCKY. One trader left there on bad terms and gave out confidential proprietary information to the head of another firm, and as soon as he stepped outside that office building he was gunned down right there on the street. So be thankful if all you get is a subpoena, at least it means you'll live (but your kids will still be in debt to these Shill people)!