Quote from drewallin83:
I started working a Simplex Investments about a week ago. While I have only been there for a short while I have a basic understanding of what they do. They are a market maker on stocks that have a high option volume. Basically, the more people they can hire the more stocks they can trade options on. You will learn more about options strategies here than you do on the floor being a clerk because they teach you. The drawback is that in the beginning the pay isn't good and you will work about 50 hours a week.
Only 50 hours per week? Is that off market hours? How in the heck can any trader work less than that? I'm not commenting on this firm, just overall work habits...it takes time, a lot of time in my opinion, to make all this work.
FWIW,
Don