Be The First To
Not yet rated.
I worked at Gambit Trading full-time for more than 5 years
Pros – Great for personal growth and development
Cons – Company closed shop unfortunately; it was a good run
Advice to Senior Management – Best of lucks to all former Gambit employees
2012-08-21 09:04 PDT
I worked at Gambit Trading full-time for more than 3 years
Pros – Owners are good guys and friendly. Give you autonomy for the most part and if you prove yourself they will give you size to trade.
Cons – Not very structured and for the most part you are on your own to learn how to make money. New hires have high fixed costs to overcome and post costs, they will take 50% of your income. They also don't embrace change as quickly as they need to - they try to but just don't know how to put aside "the good 'ole days."
Advice to Senior Management – Listen to your people - good ideas can come from the most unlikely places. Adaptation is the key to survival.
2012-06-07 19:08 PDT
I worked at Gambit Trading
Pros – Fair commission structure. The hours are great if you can throw your trades on and make money then get out. They pay is great when you are making money. The company will give you good size to really start making some serious money.
Cons – Very slow on adapting to the changing trading conditions. Some strategies are just not working anymore, and the company tried looking at other products to trade, rather than treasuries, but that was short-lived. The fees are very high for trading. You will have to pay sitting fee, broker fees, etc...it adds up before you get to the split with the company. If you are slow and not at the top of your training class - management will fire you or ignore you completely.
Advice to Senior Management – Good luck reworking the company.
2010-09-15 09:48 PDT
I have been working at Gambit Trading
Pros – The potential upside in income has no ceiling. You are trading with real money within 4 months of starting. Senior traders have great freedom in deciding their own schedules; as long as you're making money you can work when you deem necessary. Also its a very casual environment.
Cons – It is one of the few jobs that you can work hard and still lose money all week. In order to get the hang of trading they make new classes trade during European market hours. The hours are long at the start.
Advice to Senior Management – none they do a great job
Yes, I would recommend this company to a friend
2008-12-11 00:37 PST
Your feedback has been sent to the team and we'll look into it.
Your response will be removed from the review – this cannot be undone.
No thanks –