A guy makes, on average $145,000 a day???? So working 200 days a year means he make sUS$ 29 milliona year. Say he pays 50% taxes, unlikely, so his take home is $14.5 million, plenty of folks will massage anything he wants for some of that. Keep in mind if he does it for a few years that initial 14.5 mill, grows pretty dramatically as well.
I asked almost every FX dealer for their blance sheet and always got some weird response about private firms, we dont have one, cant find it ect etc. Got the old "trust us" line about their credit adn how safe my money was with them. Easy decision not to trade with 'em.
Weirdest booth was Fidelity, They had some cool software, but none of their reps knew how to work it, kept referring me to the built-in Help guide etc. Odd how a corp with their rep, size, stature etc, would put a product out there, with no one really familiar with it.
I walked away thinking it was fun to go see old friends, BS with other traders, and see who would spend for a booth and more importantly, who wouldnt. Worthwhile show as an overview of the non-professional market.
Enjoyed Woodie talking about his CCI at esignals booth.
