Prop Trading: team work or individualST
First time poster, long time browser.
I'm working as a prop trader (equities) in Canada. The way our company operates is we trade independently, that is we aren't told what direction to go/which stock. We are each assigned several stocks to closely monitor and announce if something substantial is happening, i.e breaking out of a range, free-falling, skyrocketing and we just yell it out ("XYZ approaching new 52 week low, ABC broke resistance level"), but at the end we have complete autonomy over what we trade. Are all firms like this? I'm just curious.