Unemployed vs. Home Trader

[Overnight]

...


Oh I get it now, you are "working" for that Des...o troll. I put him on Ignore but obviously he is still active. You almost fooled me for a second.

Never mind.

Will people please stop ignoring other posters if they do not agree with them? Thanks! (I have a song for that, but I've been spamming the forum with enough of that stuff for a while, to make analogous points. Alas).

 

[destriero]

Elon is CEO of how many companies and how he does he spend his down time? Tweet, tweet.

Also running a fund is not all its cracked up to be, even if you get to ride OPM coattails and stick them with big fees.

I trade for UHNW which precludes managing more than one client for obv reasons (unless it's a group outside of a FO).

 

[destriero]

Will people please stop ignoring other posters if they do not agree with them? Thanks! (I have a song for that, but I've been spamming the forum with enough of that stuff for a while, to make analogous points. Alas).

He put me on ignore bc I pointed out that ALL of his FX fills were unable. He immediately started posting marketable fills, but again reverted to scamming.

 

[Tradex]

Running a fund is not all its cracked up to be, even if you get to ride OPM coattails and stick them with big fees.

Right again.

Making 20 to 40 millions a year with "management" fees alone, pffff... what a joke.

 

[SunTrader]

Right again.

Making 20 to 40 millions a year on "management" fees alone, pffff... what a joke.

No. Not a joke, a headache. Clients and Gubmint on your back.

Enough money is sometimes ... enough.

Bike ride time.

 

[destriero]

No. Not a joke, a headache. Clients and Gubmint on your back.

Enough money is sometimes ... enough.

Bike ride time.

I am capacity constrained on the work side and it's too much of a hassle for him to get an ISDA, but he would instantly be a force in any mkt he entered.

 

[Tradex]

Enough money is sometimes ... enough.

It's not a question of "enough" pal, you should know that SunTrader...
Take care.

 

[newwurldmn]

According to the "Modern Trader" report, there are 9.8 million traders online.

The idea that "millions of them" are unemployed is, at best, questionable.



Good for you, I respect that.
Happy trading then.

10mm brokerage accounts opened last year alone... I have no clue where your stat came from.

and now that jobs are reopening volumes are coming down.

you do the correlation vs causation analysis yourself.

 

[newwurldmn]

Right, it's a well-known fact that highly successful traders and high-net worth individuals just love to hang out in trading forums and troll full time, instead of starting their own fund and earning Billions.

anyone who knows anything about the industry knows there’s a big difference between earning 10mm PA and running a billion dollar fund. That’s like saying “if you are a good programmer, why didn’t you start Facebook”

 

[Scataphagos]

put in employed. Its not IB fucking business.

Actually, it IS "IB's business". They are required by regulation to "know your customer".