This is a discussion on How to become a prop trader? How to become a prop trader? Community Links Members List. Sep 20, , 9: Hi im currently 20 years old going to community college, and planning on transferring to a university in Chicago.

Depaul is my top choice. I want to prop trade because i really do love trading.

I have been learning about this business since i was 14 years old. Ive read ALOT of great books and what have you on the subject. I know once i get my foot in the door ill be successful. My question is how exaclty do i become one?

- London Forex Expo , Conference and Exhibition

I want to work for a real prop firm that pays salaries and bonuses, not one that requires a min deposit and just gives you high leverage. My strategy is very simple i get rid of the losers and let the profits run, and look for trends,bands, or anything technical and I also like to back up technical analysis with a little bit of fundemental facts.

My goal in this business is to move on to hedge funds and be a trader there then one day open my own hedge fund. I really cannot see myself doing anything else. Ive looked all over the internet with no luck really. I will transfer to a top 50 but a non target school so working for a bank as a prop trader is out of the question. What should I do?

Last edited by russianking; Sep 20, at 4: Sep 20, , 3: Iknow i can trade, but getting my chance to prove myself is what i need to do. There is alot of prop firms in the Chicago area, i know that.

Honestly though what do i have to do to get a shot? What kind of internships should i look for at the university as a junior and senior?

Try and network with alumni and professors, but prop trading is different from everything else so im not exaclty sure what to do. For me its either prop trading for a firm or just trading my own capital which is next to nothing right now. Im working at burger king saving every penny just to trade. I still do trade my virtual account just for kicks because i take on bigger fewer trades in my personal account to make up for the lack of capital but i limit my losses so i never have a huge drawdown.

Sep 21, , 4: Jun 21, , 8: Originally Posted by russianking. Stockbroking for a career Cass Business School - MSc.

The Failure Rate of a Proprietary Trader - SMB Capital

Thread Tools Show Printable Version. Search this Thread Advanced Search.

How much full time proprietary traders earn? | Elite Trader

LinkBack LinkBack URL About LinkBacks. Notices Join T2W today and enjoy a great package of benefits Originally Posted by russianking Hi im currently 20 years old going to community college, and planning on transferring to a university in Chicago.

Jul 7, 9: Advice for a skint prop trader!

Jun 3, 6: Average Prop Trader Salary. Mar 19, 1: Ex Prop Trader trying to get back into trading. Dec 16, Currently Active Users Viewing This Thread: