Recent content by gotmessner

TD, I was wondering - historically, how many setups do you take off the hourly per month?

Gibraltar! There are even a few trading firms there.

Perhaps living constantly on tourist visas in Thailand or the Philipines? Residency in Vanuatu?

BOOYAH

I think the investment banks will most likely look down on you if you have a failed prop experience on your resume. What I tried to say in my post was perhaps: 'If you have any doubt in your mind about wanting to be an independent trader, you're probably better off heading down a more stable path'.

For a look at the kind of person who should be heading towards a prop firm, check out the advice from Trader_Dante: http://www.trade2win.com/boards/general-career-advice/30213-advice-getting-job-trading.html

Propex is a place for directional short-term discretionary trading (or atleast non-automated). If you want to be this type of trader, you go to a prop firm like Propex. There's no career progression, rather, there is profitability progression - it all depends on the individual. If you're...

Ahh... I thought you were talking about Livermore's How to trade in stocks - which he did write.

Rathcoole - gotta ask: Why do you put livermore in quotation marks?

Saxon, Transmarket, Schneider. I'm sure there's more.

Do you have anymore information about Fusion Deriviatives? I can't find a website.

I'd really like to know more about Propex! Average age of the traders there? Do alot of traders focus on on non Aust/asian timezone/markets? Rentention rate for trainees? Anyone doing really large size? Do they accept self-funded traders?

au959, I'd like to know what seperates an average options trader from a top performing options trader at your firm? With you guys being mainly market neutral, I'm having trouble getting my head around where the individual can add value to his performance.

Having the head of a firm here to answer questions is a fantastic asset for those interested in the industry or considering applying for employment. If we simply flood au959 with questions such as "does Tibra have a website?", we run the risk of him not wanting to be a part of the forum...

What's with the ****ty questions? au959 is the founder of Tibra - ask him questions about his firm or the the industry in general. Considering the calibre of people Tibra try to recruit, asking for a link is hilarious. Think about it.