How to become a trader in a company for job?

Discussion in 'Professional Trading' started by jasonfu9388, Dec 21, 2013.

  1. nice knowledge~
     
    #41     Dec 23, 2013
  2. i don't know if have a organization around the world,to make some people who is interested in trading and want to prove their level,and then use their technology to gain money~ (just as some hacker organization),maybe it will be a dream~

    i think some trader is independent and if your are good ,you will not adapt for some common job~it is a contradiction~~~~~
     
    #42     Dec 23, 2013
  3. mspkash1

    mspkash1

    OP,

    You are delusional. Please get a job, get married and have kids.

    Your idea of a perfect world does not exist. You seem too innocent and don't know what you are asking for.

    If trading is an easy way to get rich and you think you have a system you can trade, then ask yourself if you are smarter than everyone who is successful in this.

    You are standing in front of a road that splits into two. Choose your path wisely.
     
    #43     Dec 23, 2013
  4. mspkash1

    mspkash1

    to make 7 figures?
     
    #44     Dec 23, 2013
  5. people get addicted to gambling rather than trading ,which is the reason they lose, and overleverage.

    banks were leveraged 30:1 which is how the bank went bankrupt and insolvent.

    same with many people in the market, they play options, futurees, and penny stocks. there is reason they have no margins for stocks under $2. it's manipulated market and ponzi scheme and shell game.

     
    #45     Dec 23, 2013
  6. because mutual funds cannot speculate like the home guy they only go long certain stocks and don't invest in penny stock or options. and no leverage. only leverage like 90% and Alpha can make 25% consistently. no way a balance fund can get 25% every year. or mutual funds cannot trade alpha




     
    #46     Dec 23, 2013
  7. do you know anyone who makes 7 figures trading their own capital with no capital of their own?

    to make 7 figures, you need 7 figures to start with. only .001% of brokerage acounts have more than $100,000.

    even at 25% ROC/year on $100,000 that is measely $25,000/year...a taxi driver make more than $25,000...

     
    #47     Dec 23, 2013
  8. on average most individual accounts have less than $30,000 hence the pattern day trading rule of $25,000 cause the exchange know that is the max most people have to daytrade stocks.

    to make $75,000/year on account of $25,000 that is 300% ROC, no way yo u can make that kind of returns on buy and hold every year. without taking lots of risk like penny stock or illiquid stocks or high leverage like futures and options. and that is speculation not investing. or super alpha.

     
    #48     Dec 23, 2013
  9. an enginner can make $100,000 without any capital or work.

    and steady and no risk.




     
    #49     Dec 23, 2013
  10. traders are paid to take risk. or providing liquidity.


     
    #50     Dec 23, 2013