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Vault Message Board: Sales & Trading

Topic Name: WHO GETS MORE BUCK$
Message Name: what loser firm do you work for
Date Posted: 04/29/2001
In Reply To: You obviously know nothing about trading. Traders make big buck and yes nothing comes easy in life and apparently you think getting onto trading is something you consider easy? Getting on a major desk at a top firm is extremely hard but if you know how to trade you are going to make great money. I also think you are confusing trading with day trading. Equity traders do not risk their own money but the firms capital and the goal is to preserve and create capital. This is accomplished by making trades for institutional clients by executing quickly and efficiently. How the hell do you think trading works? because it sounds you don't have the slightest clue. The lowest head trader at a top market making firm makes 100,000 how do they go broke when they are not committing their own capital but the firms to execute trades?
Message: >>>The lowest head trader at a top market making firm makes 100,000<<< That is absolutely sorry money. Investment banking analysts make that much coming out of college. Another reason why trading sucks.

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