Lightspeed Trader is our flagship trading platform. It is the perfect solution for day traders. We continually invest in the latest trading technologies to deliver real-time quotes and executions faster. Lightspeed delivers a robust trading system to the day traders and professionals that demand highly established market data and performance. Traders of all experience levels can easily design and customize layouts and rules to best fit their trading style. Keyboard traders and point and click traders are covered with fully customizable home screens and Lightspeed Trade Reporting.
BearStreet is a place for individuals passionate for trading. At BearStreet, We have created an ecosystem which nurtures traders. We provide all the resources for trading – Access to World Markets, Pro Trading Terminals , High Speed Connectivity & above all – Trading Capital.
At BearStreet, We are always looking for young bright candidates looking for a career in professional trading. If you have got what it takes to become a professional trader, We got a trading terminal for you. We have regular hiring process to filter the gems from the crowd. Always welcome to know more !!
Bearstreet is constantly supporting young and ambitious minds in their way to success.
Our professional education based on years of experience will help bright individuals learn fast and adapt to the constantly changing market conditions.
Following your career at BearStreet will leverage your trading results. Get better every day and explore market opportunities with professionals like you.
Personal approach to every trader and dynamic problem solving from our management, will help you achieve new highs in your PNL.
BEARSTREET RESEARCH AND ANALYSIS PRIVATE LIMITED is a gateway to the international stock markets. As we know, US stock market (NYSE, NSDAQ, ARCA, BATS, BOSX, Etc.) is the biggest stock market, both by listings & volumes. It is not just biggest; it’s also the most diversified market. The largest and most innovative companies are listed at US exchanges.
All these factors make US Markets the darling of all the traders around the world. Bear Street is a team of experienced professionals who provide all the tools required to trade in not only US Markets but also European (LSE, XETRA, EURON, Etc.) & Asian (HKSE, SGX, TSE Etc.) markets. With the expertise of Bear Street, Indian Traders are in position to capitalize the opportunities from trading in US & European Markets.
BearStreet is as facilitator to provide support to traders with not only training and trading tools but also buying power to the traders for trading. Also BearStreet is working with international trading firms to introduce professional traders for their trading firms on their own terms and conditions and market.
The proprietary trading, or "prop trading" is when a firm uses its own capital to trade the markets and attempt to extract a profit. The way of working of prop trading firm is, hire proprietary traders or professional traders and allocate fund to trade. The prop trading firs/desk mostly hires traders with their track record of their past trading performance. Few trading desk hire fresher’s and provide them training and after a successful long practice on simulation, give them live funds to trade.
A proprietary day trader trades stocks, futures, options, currencies, etc. on major global exchanges, with the express purpose of producing a profit. Proprietary day trader is work for own on firm capital. He or she never engage for any others business development or client relationship of the firm--so there is no talking on the phone, sales or cold calls.
A day trader doesn't care where a stock will be next week or next year; they care about where it will in minutes, or even seconds, from now. The trader target is to make money with trading and the company/firm share profits with trader. The ratio of shearing is not fixing, but mostly the major part of the profit will be goes to trader part.
The types of proprietary day traders vary. Some only trade few times a day for bigger gains. Other proprietary day traders will make hundreds of small trades a day, jumping in and out of the market. Some will trade the whole day, while others only trade certain hours of the day. Some traders trade only earnings and some trader’s trade gap-up or gap-down etc.
Bear Street is a team of experienced professionals who provide all the tools required to trade in not only US Markets but also European (LSE, XETRA, EURON, Etc.) & Asian (HKSE, SGX, TSE Etc.) markets. With the expertise of Bear Street, Indian Traders are in position to capitalize the opportunities from trading in US & European Markets.
Bear Street is as facilitator to provide support to traders with not only training and trading tools but also buying power to the traders for trading. Also Bear Street is working with international proprietary trading firms to introduce professional traders for their trading firms on their own terms and conditions and market.
No any fix salary for a trader
Proprietary/professional day traders trade on company capital so no any capital risk with the trader. All the risk will bear by the firm. So the company not offer any fix salary for the trader. The company check the trader skill through their past trading record. The company share profit which made by the trader. In US the average profit shearing will 50:50. It means the company share 50% of the profit with the trader which made by him and 50% keeps by the company.
It’s not fixed; all depend on skill and experience of the candidates. Few candidates work on simulator for only 15-20 working days and goes to live and few works 60-90 days and go back to home without start the live trading. Mostly the training period is approx. 4-6 months.
Bear Street offer 70:30 profit sharing with their traders. Its mean 70% of the profit goes to the trader and 30% goes to company.
The traders get 70% of the profit which made by him. The profit distribution system is- 60% of the profit will transfer in trader bank account upfront in second month and 40% will add as backup of the trader. The trader get more buying power and more big trade lock on behalf of the backup.
For Example:- If a trader made US$ 1000.00 as profit in the month of June 2017. So trader profit part is US$ 700.00. The trader will get US$420 (60% of his profit) in second month (August 2017) and rest US$ 380 (40% of his profit) will add as his backup account.
When traders join the trade as fresher proprietary trader, the management allocate a normal buying power US$ 25K-50K And daily trade lock will US$ 30.00. Till the trader loss money in trading or not able to make profit, all the risk goes to the company. But when the traders start to make money, he needs more buying power and big trade lock. So if the traders will have backup, the management will increase the buying power and trade lock according to the trader’s strategies & their requirements.
No, once the backup size will complete US$ 25000.00 the company start to release the backup money to traders every month as it was collected.
Bear Street doesn’t charge any commission for first three month. After that commission will be charged according to the trader trading style.
No any fix salary for a trader
Bear Street doesn’t charge any trading software fee for first three month. After three months the traders will have to pay the software fee.
Bear Street doesn’t charge any seating cost for first three month. After three months the traders will have to pay the seating cost.
This profit shearing in between the company and traders is varying. It can be 60:40/70:30/80:20/90:10. Some time the traders keep the major part and some time the company keep the major part. It’s all depending on the company and traders terms of conditions, market reputation of the company, experience of the trader, consistency of the profit making by the trader, Size of making profit by the trader etc.
In US or Europe when a fresher goes on trading floor with a mind-set to make career as professional trader and start his training, will take 2-3 months to understand about market & trading and within 12-16 months he able to make US$ 1K-2K per month or more. If the trader is able to keep himself positive and continue the trading, after 2-3 years he will be able to make $4-6K or more per month. Basically in trading no limit of earning but it’s all come through learning and practise.
Making career as professional day trader is tough.
The candidate who is passionate for trading, good in mathematics, calculations, problem solving skills, work under pressure skills, motivated, etc. can be a professional trader. Before start to think and pursue as a professional trader career, first keep in mind, it’s tough but not impossible. Keep in mind, if got success, you will achieve financial freedom.
The candidates who are interested to join Bear Street, can send their CV to email@example.com 3-4 rounds of different type of interview process, the management select the candidate for training at Bear Street floor.
After selection when candidates reach at Bear Street floor as trainee, there training will start. In 1& 2 week of training a trainer deliver subjective knowledge about US equity market and day trading. The terms & conditions of the different ECN, order type and terms of conditions of the Bear street floor for work on simulator and live trading. In training period no trainer will guide, where to buy or sell and how to make profit. No trainer or floor manager will assist to trainee about any profit making strategies. Have to keep in mind, every trader has their own skill and talent, so every trainee has to decide their own strategy and trading style with their capability, skill & understanding. From 2-3 week onwards the trainees will start trading on simulator account. Bear Street have pre decided path for work on simulator. After completion for few labels the trainees will able to go live from simulator. Once the live trading starts, the trainees will have to complete few labels and after successfully completion of backup amount, the trainee goes to company payroll.
OUR ADDRESSBearStreet Research & Analysis Pvt. Ltd.
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