D
DeletedUser394
Guest
First off, if you haven't seen it, you really need to. (I've seen it twice already.. going again next weekend ha)
All I can say is, I was blind, but now I see
In the movie, Bradley Cooper's character joins a trading firm of some kind. He puts up $100,000 of his own cash and he gets 2.5x that in return to trade with.
Is this the typical setup of a prop trading firm, or is this something else entirely? Because I worked briefly at a firm, and I put none of my capital into it and they supplied the entire amount.
If it is a prop trading firm (in the movie), how are profits shared? Do you simply pay the interest on the loan, or do you have to give them a percentage of your profit, seeing as you do your trades using their software?
I'm intrigued.
Any insight is greatly appreciated.
All I can say is, I was blind, but now I see
In the movie, Bradley Cooper's character joins a trading firm of some kind. He puts up $100,000 of his own cash and he gets 2.5x that in return to trade with.
Is this the typical setup of a prop trading firm, or is this something else entirely? Because I worked briefly at a firm, and I put none of my capital into it and they supplied the entire amount.
If it is a prop trading firm (in the movie), how are profits shared? Do you simply pay the interest on the loan, or do you have to give them a percentage of your profit, seeing as you do your trades using their software?
I'm intrigued.
Any insight is greatly appreciated.
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