Trading for a Low-Paying Living

Do professional mark-to-market remote traders actually make a living trading?

  • Yes. I made at least 50K in 2004

    Votes: 63 39.9%

  • Sort of. I earn at least 50K in most years

    Votes: 18 11.4%

  • No. I rarely or never earn at least 50 K

    Votes: 77 48.7%
  • Total voters
    158
  • Poll closed .
Quote from steve46:

Remiraz:

I was originally trained as a mechanical engineer. Upon meeting another engineer, we do not ask to see each others credentials. Because we share similar training and experience, during the course of a 15 minute discussion, we can quickly determine our standing within that profession....

Steve
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BWAHAHAHAHAHAHAHAHAH

Too funny. Hold on, let me get more popcorn. Don't you just love these analogies?

nitro :D
 
Quote from steve46:

I was originally trained as a mechanical engineer. Upon meeting another engineer, we do not ask to see each others credentials. Because we share similar training and experience, during the course of a 15 minute discussion, we can quickly determine our standing within that profession. After eleven years working in the markets I find that the same is true of professional traders.
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But you cannot fully confirm if they're really mechanical engineers until they show their credentials right? I mean if you're a boss who is a mechanical engineer and you're looking for mechanical engineers. What do you ask for first?

Can successful traders recognize successful traders? No idea! Only successful traders can tell us the answer. Since I cannot prove if you're a successful trader, your answer is moot.

Quote from steve46:


I have seen the work records of several of the gentlemen I mentioned. Aaron Schindler manages a public fund. I believe he could be contacted at www.schindlertrading.com. Others (like myself) trade private accounts and are not obligated to make their trading records public. In some cases I have been to their homes and enjoyed their hospitality. I would call them successful professionals.

In contrast, I don't know you at all. Judging by your posts, I would guess that you are a retail trader who has not obtained professional training. If you have the background to evaluate the information, you might benefit from reading those posts.

Steve
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If you have seen their track records, then good for you! Since I haven't, basically it means there is no way i can tell. :D

Thanks for trying to explain anyway. :p
 
Quote from Remiraz:

...Can successful traders recognize successful traders?...
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Yes,

We have a halo around our heads, those heads being very large heads clearly showing an encased larger brain. We are able to heal on contact, and if you pay us for mentoring, we will endow you with all the powers for the price of admission.

nitro
 
Can a wall street trader making only 50k yr (1k week) keep his job. At that level, what kind of money is he making for the firm. I dont know any of them, but I'd guess that they make far in excess of 50k.
 
i ued green from 2000-2003. the accountant i used did 200 returns for green out of 200 returns 5 people made money he said in 2002.so i read all these bullhit blotters on the trader p/l ite and ee guy making 15k a day and laugh. theey're doctering there entries
 
Quote from joeyata1:

i ued green from 2000-2003. the accountant i used did 200 returns for green out of 200 returns 5 people made money he said in 2002.so i read all these bullhit blotters on the trader p/l ite and ee guy making 15k a day and laugh. theey're doctering there entries
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You have to consider that this is a better trading environment than 2002. I do not think anyone would bother doctoring their PnL's...just imo. I know enough successful traders to believe those numbers.
 
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