Quote from mynd66:
More of a general question. I don't get it, if I had my own trading firm why would I want to take in a trader that probably doesnt trade profitably... if and when he does then why wouldn't he just trade for himself and keep all the money? Doesn't make sense to me.
Quote from mynd66:
More of a general question. I don't get it, if I had my own trading firm why would I want to take in a trader that probably doesnt trade profitably... if and when he does then why wouldn't he just trade for himself and keep all the money? Doesn't make sense to me.
Quote from tomk96:
there are many different types of trading. some require a lot of capital. not all markets are great all the time. people like to have employees in many markets. the really good markets offset some of the slower ones.
there are a multitude of reasons why somebody would want to trade for another person and why somebody would want to back others.
Ok but what happens when he becomes profitable and starts making the firm more money than they pay him? Unless he knows he is taking big risks, why would he not trade for himself and make %100 of the profits? If he doesn't have the ability to trade a certain size he can certainly get there if he is good.Quote from ken__0:
Id gather they start that trader out at a higher commision as he improves and his volume increases ,,, his rate in kind decreases..
Payout structure etc so on forth.
.... I didn'tEveryones gotta make a buck why ask why .......
sure okbut you did so mayb the traders wife spends all his profits as fast as he brings it in,,, mayb to feed his ever compounding heroin addiction.
I say why would anyone not wanna be around profitable traders, including profitable traders,,,
Freud would say why the hell would anyone trade when they could have a trading firm.
How does that make you feel ..![]()