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have you dealt with pulsarcap they sound intriging if you have no money to trade
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have you dealt with pulsarcap they sound intriging if you have no money to trade

  #11 (permalink)
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vegasfoster View Post
It doesn't quite sound right to me. The cost to administer an in-house test would be minimal and I don't see the 300 as a screener, the test itself should be the screener. Some companies require certification through a third party or payment for a drug test, but HR is not typically a profit center. Assuming it's legit, I'm still not sure I would want to work for a company that treats it as such. I would consider it an indication of how they probably view and treat their employees. If you give it a shot, I would be interested to hear how it turns out though. Either way, good luck.

The reason they give for the 300 gbp is :
The reason we charge this refundable fee is to avoid thousands of applications from people who do not know how to trade. As a result, not only would we be wasting resources to evaluate "unskilled" applicants but also be subjected to the possibility that, just by pure luck, a small percentage of them would manage to surpass the simulation. Frequently Asked Questions.

But I'm agree with u @vegasfoster, this sound not so good, maybe is a scam and their businnes is get your 300 gbp.....

Take your Pips, go out and Live.
Luke.
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  #12 (permalink)
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a sharp ratio of 2 is considered good and sharpe ratio of 3 is excellent but pulsarcap want sharpe ratio of 4!!! now i am getting a sense for how gd you need to be to be backed by them - but do not know who works for them and if they get their money

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  #13 (permalink)
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anniebee321 View Post
a sharp ratio of 2 is considered good and sharpe ratio of 3 is excellent but pulsarcap want sharpe ratio of 4!!! now i am getting a sense for how gd you need to be to be backed by them - but do not know who works for them and if they get their money

Ja, the 4 sharpe ratio is not simple, and this is my concern, how many can reach it? How many will lost their 300 gpb?
Another concern is about the instruments they allow to trade, there are few that are good for day trading, since they do not allow to hold position overnight, and also the commission are quite hight.
Anyway there is another thread about it where made a post also Afonso L Castro, the founder and director of Pulsar Capital, Forums - Need Advice - Pulsar Capital.

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  #14 (permalink)
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Lastest news from pulsar:

'......Due to the high volume of applications recently received we decided to put our Trading Careers Programme on hold until further notice..... '



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  #15 (permalink)
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pulsarcap

What a strange thing to say !!! high volume of applicants should be a good thing!


Last edited by LukeGeniol; November 12th, 2010 at 07:00 PM. Reason: sorry i have edited nothing, only clicked on wrong button. Pardon!
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  #16 (permalink)
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anniebee321 View Post
What a strange thing to say !!! high volume of applicants should be a good thing!

At least this way seems they wouldn't take money only from the applicants trials.

Take your Pips, go out and Live.
Luke.
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