What is the average can a day trader manage and earn on wall street?

Discussion in 'Prop Firms' started by tonyzhou, Nov 8, 2014.

  1. I have been in professional risk mgmt for a long time and I have seen independent traders making that kind of money. Yes I know some too,unfortunately I am not one of them :)

    But I am kind of new to retail land. What exactly is a day trader? Is a systematic statistical guy who holds intra day a day trader, hft market markers, is it only reserved for non systematic technical analysis guys??

    What I do know is that they are very well capitalized.
     
    #81     Nov 14, 2014
    blakpacman likes this.
  2. AnnaG

    AnnaG

    Learn how, then how much.
     
    #82     Nov 14, 2014
  3. AnnaG

    AnnaG

    Wax on, wax off, Daniel-san.
     
    #83     Nov 14, 2014
  4. d08

    d08

    Are you seriously suggesting that there is no difference whether the position is 50m or 500mm? I guarantee you that execution for very large positions is very different. There's a reason they're called whales and daytraders are just small fish.
     
    #84     Nov 15, 2014
  5. Turveyd

    Turveyd

    And good hedge funds make 12%per year, i can make and have made 12% in a day.

    He's an idiot posting with 2 id's
     
    #85     Nov 15, 2014
  6. You also turned $10300 into $7600.
     
    #86     Nov 15, 2014
  7. Turveyd

    Turveyd

    Or 700 in to 7600 dumb ass, few days and i will be at new highs and you will still be a twat.
     
    #87     Nov 15, 2014
  8. However you look at it, it would be a disaster for a hedge fund to have a performance like yours of: turning $10300 into $7600 or turning $700 into $7600.
     
    #88     Nov 15, 2014
  9. You have neither 50m or 500m, why should it be a concern ? Thus far we don't even know if you know how to trade $5.
     
    Last edited: Nov 15, 2014
    #89     Nov 15, 2014
  10. Turveyd

    Turveyd

    But ofcourse you do, why are younhere again, bored troll


    Back on ignore for you.
     
    #90     Nov 15, 2014