yes... in other words I am not prop trading. Committing capital is different... it is funny because I am 27 making 400k a year. Too funny...
Unless you are a Senior Marketmaker, you make 1/2 of that numbnuts. I worked on an institutional desk for 10 years and still have many contacts. 27 Year old Agency traders are lucky to make 200K Pinnochio!
Oh Pat it just keeps getting better and better. Now get back to work answering those phones and on that crumby little commission desk. I know Pat, I know, it's only temporary soon you will be moving to the quant, or NASDAQ, or arb desks. Actually soon you will be sending an application to Scottrade where you belong.
listen I invite you to meet me at my office, my desk and see what I do. For my clients I trade about 500k shares a day @ avg .02 a share... you do the math what a joke
I was right on the money! You are lucky if you see a 10% payout of that. Quit BS'ing this board, nobody is impressed. Institutions pay more than .02 average. You are nothing more than an agency trader/AKA Execution Clerk!
50%.... pluse I get a base for being an execution trader... you guys are ridiculous... Listen... I have nothing to prove to anyone...but I am willing too