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 Proprietary Day Trader

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asiatrader98
post Aug 26 2018, 10:54 PM

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QUOTE(1malaysiajib @ Feb 15 2018, 05:32 PM)
Must be Affin Hwang Investment Bank/ Affin Hwang Capital ? brows.gif  brows.gif  brows.gif
If yes, stay away
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it is the IB who have 15 PDTs and more than 120+/- IVT in malaysia, mostly from penang
brav3ki113r
post Aug 27 2018, 08:10 AM

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QUOTE(asiatrader98 @ Aug 26 2018, 10:54 PM)
it is the IB who have 15 PDTs and more than 120+/- IVT in malaysia, mostly from penang
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Hi bro, mind to explain the diff between PDTs and IVT?
x3Kai
post Sep 18 2018, 11:39 AM

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i'm a little tempted to join but seems pretty high risk
asiatrader98
post Oct 8 2018, 09:36 AM

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QUOTE(brav3ki113r @ Aug 27 2018, 08:10 AM)
Hi bro, mind to explain the diff between PDTs and IVT?
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long time ago day trading only allow for the Stockist (now called PDT)

proprietary day trader (PDT) who have the right to short the stock without intraday short selling (IDSS)

IVT stand for Investment Trainers (or called proprietary trader) they only can short with intraday short selling (IDSS)



proprietary day trader (PDT) lisence issued by Bursa Malaysia at least 5 years related experiences, only limit to 5 PDTs per PO, so far only avaliable with AffinHwang IB, Kenaga IB, TA Securities, RHBIB, AMIB, HLIB, Inter Pacific, etc

IVT stand for Investment Trainers (or called proprietary trader) are salary dealer who trade with company investment account, mostly with the team
e_X
post Apr 25 2019, 02:12 AM

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QUOTE(asiatrader98 @ Aug 26 2018, 10:47 PM)
don't think it is a PDT position
PDT requires at least 5 years trading experince in this industry
and currently less than 55 PDT lisece issued by Bursa Malaysia

your position shall be IVT it is investment Tranier only

mostly AffinHwang or Kenaga IB will hire IVT for daytrading activities

and i look at the above offer.....you shall be under the house team since only 10-30% sharing profit which is very low in this industry
but you may need not deposit any amount to the IB as a security deposit

by the way, the successful rate  for this industry is less than 7-8%
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Are you a prop trader?

Just trade (forex) for a part-time and realise that my capital not big enough for making a comfortable living. Just keeping my trading record (aiming 20-25% a year) for now, maybe one day I can trade for a real investor but I don't know the step by step to go that far. Any tips?
asiatrader98
post Apr 27 2019, 07:29 PM

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QUOTE(e_X @ Apr 25 2019, 02:12 AM)
Are you a prop trader?

Just trade (forex) for a part-time and realise that my capital not big enough for making a comfortable living. Just keeping my trading record (aiming 20-25% a year) for now, maybe one day I can trade for a real investor but I don't know the step by step to go that far. Any tips?
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yes since year 2000 but before 1990 ady in the mkt
don't get involve with forex
to be a pro you need to either to be a local in the derivative or IVT/PDT in the stock mkt

e_X
post Apr 29 2019, 08:46 PM

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QUOTE(asiatrader98 @ Apr 27 2019, 07:29 PM)
yes since year 2000 but before 1990 ady in the mkt
don't get involve with forex
to be a pro you need to either to be a local in the derivative or IVT/PDT in the stock mkt
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I know how to trade stock also, but don't know how to keep the record. If forex got myfxbook, for bursa what do you recommend for me for tracking my record to show to the investor somehow later in the future.
stan1111 P
post Jun 25 2020, 09:58 PM

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QUOTE(asiatrader98 @ Apr 27 2019, 07:29 PM)
yes since year 2000 but before 1990 ady in the mkt
don't get involve with forex
to be a pro you need to either to be a local in the derivative or IVT/PDT in the stock mkt
*
Hi,

I'm interested in joining prop trading firm. Could you offer me some advice? I have pm'ed you.

 

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