Does anyone know what a "junior trader" does? I was looking on CL for jobs and was curious about some jobs in NYC (not living there right now) and saw this: "Our desk has recently expanded and we are looking to add two (2) Junior Traders. Experienced traders are encouraged to apply, but will consider qualified inexperienced applicants as well; in the past, we have found that self-motivated, analytical, and emotionally disciplined individuals such as chess, bridge, poker, or videogame players, or those with a military, weightlifting, or athletic background make good traders. There are several individuals in our group who consistently make $100k-800k per year while being profitable 15-19 out of 20 trading days each month. Qualified candidates are encouraged to forward a resume." Is this job's salary just based on how well you do? Does anyone know of any firms that give you a base salary for trading? My dream job is a portfolio manager. But I guess I can start out as an entry level financial advisor/analyst. I'm not living in SF/Chicago/New York so finding a great job in the finance field is difficult. But I would be willing to relocate if offered a job.