Prop trading is both the best job in the world and the worst job, depending if your making money or not. The people who are just getting by and paying for costs are probably wasting their time if they have been doing it for a while.
Let's face it, to be a good trader usually takes over one year...
All depends on the amount of experience. Guys who have been doing it for 2+ years are expected to stop themselves out and if not risk will do it for you. Support staff are there to encourage traders and take them to the next level but teaching discipline, both in losses and in gains.
about 20k...
I have much more respect for firms that do pay a salary, even if it just for 6 months and like 1k a month like METtraders(and ultimately comes out of your trading account so its not really a salary "per se", more like living money).
Its obvious that becoming a good trader requires at least two...