How To Get Into A Prop Trading Firm without Ivy League...

I'm a trader who's done very well without formal trading
education, no Series 7 or 56, or even college degree's
at all.

I've discovered a system to generate 50%+/month and
am looking for the fastest way to get my hands on more
capital... which is when I started reading about prop trading
firms.

What is a prop trading firm that would work with someone
like me and sponsor me so that I can get the series 56 out
of the way?

What are the best courses to order to study for this?

And which prop trading firm would let me trade from home?

I'm happy to put up my own capital to let them watch me
trade for a few months before they start giving me leverage
but I want to find a good match for my unique situation.

Thanks
Jason Cox

 

How to calculate your e-Penis:

(monthly return in the market)/(3.5 * # of letters in username) 50/(3.5 * 9) 50/31.5 1.59

Congrats, Mr. Cox your e-Penis is 1.59 inches.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

Well, the way I'm doing it may not last more than another 1-2 years so I want to make "hay" while the sun is shining so to speak.

I think my fastest bet is to get series 56 and become a prop trader?

But what firm would I use? Has anyone seen this website?

http://www.remotedaytrader.com

They're suggesting I setup a customer account while I get liscnesed the customer account is this this firm Smf Trading Incorporated

There main website is http://wtsprop.com/ which is owned by someone else, can I trust my money with these folks?

 

Yea, I am building my capital in all means possible, I'd still like to get setup at a prop trading firm though.

Yes, I know 50% / month is hard to believe and I guess who cares if you believe it or not - say its 5% a month... where is the best place for someone like me to get setup at a prop trading firm and be able to work remotely?

And where are the best study materials for the series 56?

Thanks for your help guys! Jason

 

50% MoM return? If this is the case you are the best trader in the world. Why do you want to trade on behalf of someone? Just trade off of 1,000 bucks and you will be rich by the end of the year.

"Well, you know, I was a human being before I became a businessman." -- George Soros
 

From prior experience at one of the schools numm mentioned, you can get plenty of prop interviews and a 4.0 is definitely not required. How good the GPA needs to be depends on how strong the rest of your resume is, like it is in most industries.

 
jnxpn:
From prior experience at one of the schools numm mentioned, you can get plenty of prop interviews and a 4.0 is definitely not required. How good the GPA needs to be depends on how strong the rest of your resume is, like it is in most industries.

thanks to all posters for your input, really really appreciated.

 

From my experience, depends on your major too. JSC and DRW will usually just ignore people with business/finance degrees, no matter where you are coming from, unless you have very strong computer programming experience or a math/engineering minor.

I was a student-athlete at a top 10 B-School with a 3.5ish and couldn't get interviews at the places you mentioned. Maybe I'm just bitter but I feel like your major makes a large difference. They want Math/CS/Engineering.

 
NestoGrande:
From my experience, depends on your major too. JSC and DRW will usually just ignore people with business/finance degrees, no matter where you are coming from, unless you have very strong computer programming experience or a math/engineering minor.

I was a student-athlete at a top 10 B-School with a 3.5ish and couldn't get interviews at the places you mentioned. Maybe I'm just bitter but I feel like your major makes a large difference. They want Math/CS/Engineering.

Might be true for JSC, but DRW recruited at my bschool and not everyone they interviewed had a programming background.

 

It generally depends on whether or not they recruit specifically on your campus. The online resume drops don't really do anything.

DRW definitely takes non-math/CS majors and Jane St. interviews some people that have 'finance' majors (at least they have @ Penn for sure).

 

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