Can you explain more about the firm employment opportunities?
All traders that qualify to trade with the company under an employment contract will have a specific statistical breakdown done based upon their results from the training or current trading. The statistics will help to project drawdown duration and depth for custom position sizing and risk management protocol.
There will be no fixed dollar loss boundaries under the agreement, but instead you know in advance all the details of your risk levels namely, daily percentage drawdown and maximum monthly percentage drawdown. All traders will maintain low levels of overall portfolio risk by focusing on the disciplined trading that earned the position to trade professionally.
The profit split agreement dictates the percentage of weekly and monthly that the trader takes home. Currently we have five levels for each trader to work through with each level increasing the percentage split to the trader. This is designed to maintain the incentive to perform at a high level. Company benefits are potentially available to traders after at least one quarter with the company.