Stats for successful trader in prop ?

Frenchy · Dec 12, 2005

it will be interesting if someone (like Don ) can tell us how many trader join by year and how many stay, how much they made....
Thanks

BOSS_HOG · Dec 12, 2005

the answer is everyone makes millions!!!

Nana Trader · Dec 12, 2005

Do your own research, Good or bad

Are you expecting people to openly discuss their business intersts with you in public forum

coolweb · Dec 12, 2005

perfectly decent question,

You should ask people who work at prop firms instead of the CEOs

I'm thinking maybe 25% make decent money 5k-10k a month
5% make good money 20k+ a month
3% make great money 40k-100k a month

The rest 70% are all pikers

Frenchy · Dec 12, 2005

so "the rest" doesn t stay !! the turn over should be crazy !!

fortunatti · Dec 12, 2005

What about that last -3%?

jackbyrd · Dec 12, 2005

Quote from fortunatti:

What about that last -3%?

"fuzzy math" is CoolWhip's specialty.

jackbyrd · Dec 12, 2005

coolweb (Dec 11, 2005 10:22:12 PM)
I trade with a 1 tick stop now, so I'm pretty confident in the direction these days, but I love your ideas. LOVE IT .

coolweb (Dec 11, 2005 10:24:03 PM)
mr.marcus: What do cash arbs usually buy?

coolweb (Dec 11, 2005 10:24:07 PM)
They just buy cash?

coolweb (Dec 11, 2005 11:49:03 PM)
if above yesterdays high, rally rally rally for next 2 days

Just a sampling of our teen trader's prowess. Therefore, it is a safe assumption he is talking out his arse about prop trading statistics as well.

ArbProfit · Dec 12, 2005

Quote from coolweb:

I'm thinking maybe 25% make 5k-10k a month

LoL

lescor · Dec 12, 2005

I'll second that LOL

Don has been asked this question before and has posted stats, you'll have to search for them.