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 Proprietary Day Trader

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aspartame
post Jan 18 2018, 09:59 PM

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QUOTE(TrueBro @ Jan 9 2018, 10:03 PM)
Hi all,

I recently got an offer for the role of proprietary day trader (PDT) trading Bursa listed equities. However, I'm having second thoughts about accepting it.
I was hoping if anyone has some knowledge about this role and would be willing to share as I have no prior experience with trading.

Some info about the role I was offered:

2.5k basic + commission (about 10-30% at the beginning), commission and capital allocated for trading will be adjusted based on performance.
Contract based for the first 2 years, performance review every 6 months (will be let go if performance is bad, however if bad performance but boss thinks there's potential, extended for another 6 months).

From what I've gathered so far, there will be minimal chance for career progression. Just increase in capital and commission.

What do you guys think?
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With your finance degree, get a proper job with steady career progression. Never never never go into such jobs where you will be shown exit door if u perform poorly. U just started your career and early termination will look very bad on your resume.


 

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