I was prop-trading at Hold, between January and September 2007. Although I had to leave as my bills are piling up, daytrading never left my blood. What went wrong at Hold was that my mentor did not have a good system. The parameters and risk management measures were not precise and often he would tell me to just take a position and see what happens.
Fortunately, since the firm was backing me, I lost only my time and effort. Nonetheless, I learned my lesson and decided to look for the right firm and the right system. Who do you suggest that I look into? So far I have looked into the following firms:
1. Keystone but I am still reluctant to put down $3K for the tuition.
2. FNYS: I submitted my resume but they appear so exclusive that it seems like a waste of time.
3. Dimension: They may hire me as an admin and then let me go back into trading later on. However, I know nothing about their traders.
4. The safest, but the least appealing, option is to get a real job and trade again in two or three years.
I do not mind working a part-time job while trading during the day, but, like I said, after my first experience, I am looking for the right system. What do you suggest or do you think that I am overestimating myself? Thanks!
Fortunately, since the firm was backing me, I lost only my time and effort. Nonetheless, I learned my lesson and decided to look for the right firm and the right system. Who do you suggest that I look into? So far I have looked into the following firms:
1. Keystone but I am still reluctant to put down $3K for the tuition.
2. FNYS: I submitted my resume but they appear so exclusive that it seems like a waste of time.
3. Dimension: They may hire me as an admin and then let me go back into trading later on. However, I know nothing about their traders.
4. The safest, but the least appealing, option is to get a real job and trade again in two or three years.
I do not mind working a part-time job while trading during the day, but, like I said, after my first experience, I am looking for the right system. What do you suggest or do you think that I am overestimating myself? Thanks!