QuoteOriginally posted by: louiscarruthersIn the somewhat-distant future, I want to be a senior high frequency trader or something along those lines. I applied to a bunch of MFE programs but since most of them don't start until September, I have 9 months or so to kill. Also I'm in NYC.I was looking online and saw that there are prop trading firms with offices in NYC. If you put down some capital initially, they will train you and let you invest corporate funds. I was wondering, do you think this is a good idea considering my degree path and career path? Or are these things a scam?Thanks very much and happy new year!Complete.Waste.Of.Time.Anything you do where your income is somehow dependent upon a random series of events beyond your control will not work. The game is rigged. You cannot and will not win.If it were possible that you would "win," that is, actually make a living, then all the chatter on message boards would be questions about tax advice.People say, "I know a guy, who makes a nice living, not a fortune, mind you, but a nice living..." because it sounds reasonable. It just isn't true. Nobody wins. You make money in finance by charging other people fees or carry. Not by "trading" in this way.Sorry. It's the truth.DONT WASTE YOUR TIME IT"S THE ONLY THING YOU REALLY "OWN"