JNP Capital Inc

12/22/2023

another Christmas at JNP

01/11/2022

The 1st class

12/16/2021

1st holiday lunch at JNP

11/14/2021

10/09/2021

Day trading or trading in general is one of the most difficult jobs in the world. It is known that the overwhelming majority of people failed at attempts to trade for a living. These are a few qualities in our opinion that will increase the chance of successfully becoming a trader at JNP Capital.

Ability to learn and adopt. It is estimated 70-80% volume in the US is traded by algorithms. As algorithms with machine learning capabilities dominate the market, intraday trading continues to evolve at a pace not seen before. Strategies worked before might not work anymore. All traders must keep learning and adopting to constantly changing market conditions.

Ability to control emotions under stress. Trading is a performance based job. What a trader understands in principle, might not get properly executed in real trading. A trader can get too afraid or frustrated during or after a big loss, too arrogant or careless during a big winner. So it is important for a trader to always control their own emotions, and execute around their skill level.

Ability to work with other trainees to help each other improve. This will not appear obvious to some, however communicating to other traders/trainees with similar skill levels of yours will provide a different but equally rewarding experience vs talking to your trainers.

Risk management skills
A successful trading career will have many great winners, but it is that one or two terrible losses that can derail a potentially successful career. So it is important to control your size and risk, to have a stop loss set for every trade, to not put yourself in a position where that one big loss will ruin your week/month/career.

Great work ethic. A good routine for a day trader includes the prep done before the market opens, the planning and ex*****on for every trade during the day and the review of trades after the close. It is important to trade well, but what matters is the work you put in before and after every trade.

10/09/2021

A few details about day trading at JNP

JNP mainly focuses on day trading US equities.

Each trader will be assigned a risk which is the amount that trader is allowed to lose in one day.

Each trader will be assigned a buying power which is the dollar amount they can use to day trade.

Each trader will be assigned a different max size allowed. This is the max position size you can carry on a stock. This number will differ for different types of stocks.

Each trader will receive a percentage of their monthly trading P&L(profit and loss). This will be the only income they receive from JNP. There will be no base salaries.

10/09/2021

JNP training process

2 days of introductory courses will take place during weekend which is expected to start early to mid Nov, 2021

1 week tryout of training and simulation trading. This is the opportunity for both JNP and trainees to determine if the other party is the right fit.

3 months of training and simulation trading for trainees selected to move forward from the tryouts. The simulation trading will take a minimum of 3 month. Only trainees that show enough progress will move forward to live trading.

During live trading, if trainees are unable to perform, they will be moved back to simulation. For trainees making steady progress, they will gradually receive increased risk and buying power and move toward a career of day trading.

10/08/2021

10/08/2021

We are looking to hire and train disciplined and driven applicants with a strong interest in the stock market. NO prior knowledge or experience is required.