There's a catch somewhere in these stories. Anyone can see they won't make that much, nor the state will charge them that much.
You'd think so, but if you played with the numbers, it's realistic. If you had 20 customers an hour at $5 a sale.... 12 hours a day.
Running a hot dog stand in front of a museum is just another kind of front-running, that's why he got kicked out.
OK, $100 per hour X 12 hours X 30 days = 36K and the rent was 55 K Doesn't look profitable to me... The vendor needs 30 costumers with 5$ profit per hour just to break even, and we are talking about 12 hours days rain or shine??? Not to mention during the winter it is dark by 5 pm....
Then why they keep working for years, showing up with iphones, other burger carts and another (used) truck to tow the new burger cart? Funny how brokers shills say a burger cart can't be profitable, just because they may lose the peanuts they get on trading commissions.
many market participants just trade teh morning session and go to school or work or hot dog stand job. 90% of trader profits are in the morning seession before noon EST. today the market shutdown after 11am EST daytrading or trading is just sideline business or activity and many pensioners and seniours daytrade swuingtrade to.