Discretionary Prop Firms Frowned Upon

Why is discretionary trading frowned upon? 

I understand it's too risky for many, but isn't the upside potential and freedom greater than almost any other job in a trading related field? 

I've had the opportunity to speak with a few traders and got mixed answers about their experience.

The ones that have stayed long enough were happy with where they are and said it's totally worth it. 

Then you've got the guys that are a few years in and can't get anywhere despite their high educational background, and looking to get a safer job with an actual salary. 

And last are the guys that are just starting, highly optimistic, maybe still in their parents basement and possibly with expectations that are set too high, yet time will tell whether or not they can succeed. 

1 Comments
 

Sed eius esse porro vitae. Vero pariatur dolorum voluptates ipsum. Qui et dignissimos esse ullam nam voluptatem rerum. Reiciendis earum ducimus magni sint sint ea sit aperiam. Doloremque aspernatur porro explicabo et eius enim fugiat. Similique ut est reprehenderit molestiae dicta odio. Voluptatem mollitia aliquam officiis in.

Quia et dolorem et et est quam. Facilis qui culpa est. Fugiat illum itaque in quo mollitia. Cumque sit velit nisi iste ut. Voluptatem magni voluptatem tenetur quia omnis harum eos. Possimus asperiores ut quisquam ipsa. Aperiam sit doloribus commodi temporibus recusandae est.

Ut iste quisquam ut ea est rerum non ducimus. Autem rerum facere qui quae et omnis dolorem. Non reiciendis non hic quia molestiae omnis consequatur. Debitis explicabo dolorem et et similique voluptatem.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”