Title says it all really...
In the perhaps likely chance that I don't manage to get through the interview stages at Jane Street or Tibra, I may have to consider the option of going at it on a prop desk from the beginning of my career.
TCA offer a remote course, i.e. a 4 month 'training' programme (based from home) with the benefit of a mentor, and the prospect of continuing as a permanent prop trader after the 4 months assuming you have proved profitable in the live trading period.
The scheme costs £4k, which is supposed to cover trading costs (seems reasonable to me) and all funds are proprietary (you take home 50% of profits)
My issue is that given my complete lack of experience in actual trading (i have done 18 months in corporate finance), would it be reasonable to assume that the average person in my shoes could earn the £4k per month i would need to earn from which to live (i.e. a £24k salary), in the first year, since I don't really have the funds to survive for a year?
Thanks in advance for any help on this one
In the perhaps likely chance that I don't manage to get through the interview stages at Jane Street or Tibra, I may have to consider the option of going at it on a prop desk from the beginning of my career.
TCA offer a remote course, i.e. a 4 month 'training' programme (based from home) with the benefit of a mentor, and the prospect of continuing as a permanent prop trader after the 4 months assuming you have proved profitable in the live trading period.
The scheme costs £4k, which is supposed to cover trading costs (seems reasonable to me) and all funds are proprietary (you take home 50% of profits)
My issue is that given my complete lack of experience in actual trading (i have done 18 months in corporate finance), would it be reasonable to assume that the average person in my shoes could earn the £4k per month i would need to earn from which to live (i.e. a £24k salary), in the first year, since I don't really have the funds to survive for a year?
Thanks in advance for any help on this one