I was lucky to get two offers recently:
1) Equities Research Sales with Goldman
2) Equities Proprietary Trader with a major Japanese securities firm
My passion and ambition is prop trading so the japanese one is excatcly what I want to do. The Goldman one is Sales which is symbiotic to trading (but sales trading/mkt making rather than prop trading). But Goldman name and platform is certainly No. 1 in First Tier and the Japanese one is at best 3rd tier. In the long run, I certainly want to do prop trading with a top tier bank. Now the question is if a top tier bank is trying to fill a prop trader position, would the Goldman Salesperson have a better chance than the Japanese Prop Trader?
Also, is Prop Trader having a much better life and money potential than sales trader/mkt maker trader? (as prop trader doesn't hv to please client or salespeople...)
I don't happen to know any prop trader friend so hope anyone familiar with the business can give me some advice or share the experience. Really appreciate it.
Also keen on knowing friends in trading biz as I'm kind of new in this area.
My email: [email protected]
I've to make a decision and get back to the banks in couple of days. MANY THANKS for your input.
