Hi,
I'm an individual investor / trader. I've been in contact with an agency and it has indicated that it is possible to set up a company, and then letting this company hire me. This way I will most likely get an EP.
I did not, however, get a clear answer on what the accounting costs will sum up to. Say that I make 500 trades / year. I can just imagine what an accountant would charge for going through all these trades...
Alternatively; are there prop trading firms that 1) will let me trade purely on my own capital and strategies AND 2) hire me. I've never been at a prop firm before, but I know 1) and 2) kinda contradicts. So, what's actually in it for a prop firm?
If I do get an EP through a prop firm, but still do a lot of trading on my personal account, then do I need to fill out a tax form? I'm just asking since capital gains are exempt for tax anyway.
Last question : How much does hedge funds / investment banks pay a recent graduate? I'm lucky enough to make a descent living on my own, but may change my mind for more than $15k / month.