Kershner Trading Group Reviews

Pros

solid place to start in the prop trading world, company does listen to the needs of traders and adapts frequently

Cons

lack of collaborative effort on the trading floor, very little training, expectations are not always very clear in regards to performance

Pros

One of only a few places that will allow someone with relatively modest background and education trade a multimillion dollar account.

Cons

The learning curve to become a successful trader is very steep, and it is usually unrealistic to start from scratch and learn to make enough to survive on without running out of money or giving up.

Pros

At Kershner you have oppurtunity to learn about the stock market and get all you licenses, you also have pretty good work hours.

Cons

The pay is performance based so especially at the beginning you must be prepared to make no money and as you learn the job actually dig yourself a hole

Advice to Senior Management

I would advise management to try and establish a better training program for newbies. Maybe allow for a longer period before actually trading.

Pros

Really dedicateed smart creative people. Opportunity to make alot of money and great work life balance. Lots of freedom and autonomy.

Cons

No salary , eat what you kill. Makes it tough to get started as most traders dont make any real money for the first nine to twelve months.

Advice to Senior Management

Andy is a great leader and I really believe that he wants the best for the traders and the firm. Stay focused on trading and trading alone.

Pros

Very laid-back attitude, fun atmosphere. Good technology and support for one's trading. Not required to put up your own capital

Cons

Mentors are hit or miss in terms of teaching ability. The payout structure doesn't really include incentives for experienced traders

Advice to Senior Management

Change the payout structure to make it favorable for experienced traders. Try to get mentors more involved with inexperienced traders.

Pros

The culture is very good

Cons

however the trading is unstable.

Advice to Senior Management

none of the above is important

Pros

Opportunity to sit for the series 7 & 63 exams and to trade the markets are great reasons to start your trading career here. Very laid back environment, fun place to work. Tremendous technology support from the company.

Cons

80% of traders will not last more than 18 months. Short term trading is very difficult and not for everyone. You may end up under a senior trader with horrible communication skills and that makes it hard to learn how to trade.

Advice to Senior Management

Make sr traders more active in the development of new traders.