| Topic Name: |
trader compensation |
| Message Name: |
not much |
| Date Posted: |
04/29/2001 |
| In Reply To: |
I've heard all about the starting salaries and bonuses at Susquehanna and Wolverine etc... What I want to know is what is the pay like once you become a trader? Base? Bonuses? What is normal the first year trading? What about a few years down? Thanks |
| Message: |
Traders don't make much money unless you generate a lot of profit, but commissions eat up a lot of the profit. I've seen some commercials where they say you can make up to $5000/day trading, but that's only in extreme circumstances. I heard the majority of traders go bankrupt or at best come out even.
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