Propex Assessment

[Largesse]

What company did you send it to?

Propex.

Refer to thread title

 

[MRC & Co]

Anyone know when the next intake is?

Good luck Largeese.

Sorry, got no idea when the next intake will be, I guess in September or if not, the following March.

 

[Ashsaege]

I just sent in my CV for HR to have a look at. Would love to hear something back from them.

I'd so much prefer to trade rather do anything else for a career....

Anyone know when the next intake is?

( looks in MRC's direction )

How Did you go Largesse? and MRC how are you enjoying your time there?

 

[DeCal]

Gents,

Student 2 Trader has officially released interviews with Propex Traders.

There are currently two interviews posted, viewable at:
http://student2trader.com/trader_interviews

One is with an successful prop trader of 2.5 years
The other is a 3 month trainee trader

The interviews are quite comprehensive, and very informative. Find out the answers to a lot of burning questions.

(Yes I am an administrator at S2T) The purpose of the post is to hopefully inform, not spam.

Regards
Damon

 

[GotItForCheap]

Thanks for the link

 

[DeCal]

Pleasure!

 

[mazzatelli]

(Yes I am an administrator at S2T) The purpose of the post is to hopefully inform, not spam.

Nice website, though I can't believe there is no love for SIG in the polls!!!

 

[DeCal]

The reason for that is that SIG is a recent addition to the polls. They've gain some love in a few days.

I'm working on getting interviews with SIG (sent them an email as of this point, no real contacts yet) to increase the student awareness of the company - hopefully we can get them some more love.

Appreciate the comment.

 

[Largesse]

now to figure out who did those interviews....

:bananasmi

 

[Naked shorts]

now to figure out who did those interviews....

:bananasmi

well they both dont visit the forums... do they?
couldnt be mrc, he trades at night, white did property at uni and u went straight from uni to propex... mright?

 

[skyQuake]

well they both dont visit the forums... do they?
couldnt be mrc, he trades at night, white did property at uni and u went straight from uni to propex... mright?

The alchemy of finance suggestion sounds like mrc, but 2.5 years is wrong. Its one of the old SPI traders though

 

[white_goodman]

now to figure out who did those interviews....

:bananasmi

well it aint you or me, im guessing the man left of the creep

 

[Naked shorts]

The alchemy of finance suggestion sounds like mrc

<3 MRC & Soros 4eva <3

 

[Largesse]

the trainee interviewee forgot to mention that the starting salary for trainee traders is 150k base + 50% chop

probably an important point to include

 

[Naked shorts]

the trainee interviewee forgot to mention that the starting salary for trainee traders is 150k base + 50% chop

probably an important point to include

I thought it was 1k per month while training...

 

[CascadeX]

I thought it was 1k per month while training...

haha the trainees at this firm are getting screwed ... 1k per month ... you could make more trading yourself. amazing how firms like propex can make people suck their c**ks just by putting up a fancy website. I feel sorry for these trainees, i wouldn't say they're dumb but certainly selling themselves short and taking a huge risk with their careers. once you work at these firms, there's no turning back, all your options for any other area of finance completely get cut off.

 

[Trembling Hand]

haha the trainees at this firm are getting screwed ... 1k per month ... you could make more trading yourself. amazing how firms like propex can make people suck their c**ks just by putting up a fancy website. I feel sorry for these trainees, i wouldn't say they're dumb but certainly selling themselves short and taking a huge risk with their careers. once you work at these firms, there's no turning back, all your options for any other area of finance completely get cut off.

What a tragically wrong statement. Maybe a little burnt and bitter??

 

[DeCal]

haha the trainees at this firm are getting screwed ... 1k per month ... you could make more trading yourself. amazing how firms like propex can make people suck their c**ks just by putting up a fancy website. I feel sorry for these trainees, i wouldn't say they're dumb but certainly selling themselves short and taking a huge risk with their careers. once you work at these firms, there's no turning back, all your options for any other area of finance completely get cut off.

Definitely a bitter statement to make.

6 months of learning about market psychology/technical/fundamental analysis in depth, while trading risk free on simulators to build ones skills is something a lot of people PAY to do. However graduates (if accepted) do this for free, and recieve some small compensation to help.

No one is denying that it isn't a risk - statistically you will fail. However, for those what want to give it a go, I only see positives.

 

[mazzatelli]

What a tragically wrong statement. Maybe a little burnt and bitter??

If he means transferring from prop to institutional in the future he may have a point. But nothing wrong with working at Propex. My opinion of course

 

[Trembling Hand]

If he means transferring from prop to institutional in the future he may have a point. But nothing wrong with working at Propex. My opinion of course

Nope, I think you will find that there has been a few that have spent time at Propex as a trainee then moved onto working in other fields.