I have been working at SMB Capital full-time (More than 3 years)
SMB / Kershner Trading Group (join venture) provides one with ALL the resources they need in order to be profitable. Capital, tech, mentorship, an environment where you can learn from 7 fig traders and the list goes on. I've been at the firm for almost 3 years and seen many come and go...in most cases people go simply because they didn't have the drive, correct mindset, and/or savings to sustain the learning period but never because the firm did not provide them with what they needed. Trading isn't easy, and if you join a firm thinking it is then you probably won't make it. There is only so much the firm can provide but at the end of the day it's up to the individual to go above and beyond if they truly want to be an elite trader. In my opinion there is no better prop firm to be at in nyc than smb /ktg.
No Cons, just a suggestion - Getting onto a team sooner and starting off with more size / risk would have been beneficial i believe, possibly would make it easier to size up down the line. With that being said once you are consistent the firm is super generous with size and capital.
Advice to Management
Keep doing what you're doing, specifically:
- Supporting traders
- Giving proven traders the freedom to express their ideas and trades
- Open line of communication
- Happy hours / office culture
Would be cool to have monthly or quarterly awards for best performing junior and senior traders... could motivate traders a bit more. weekend away or new monitors etc could be cool prizes.
I applied online. The process took 1+ week. I interviewed at SMB Capital (New York, NY) in March 2016.
Quite Easy, started with an easy questionnaire asking about your interests in the markets and also to measure your thought process. A bit lengthily for the online section though. Then they called me for a one on one over the phone interview.
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