Just wonder if there is any data about the average size of the AUMs of some of the reported data? I know the range can be really wide and some of the data are not very reliable. But just want to get some ideas.
I know there are tons of prop traders, some trade on their own and some trade with prop firms. The average AUM for the common traders can be small. Maybe $30k to $50k? Or that is still too high?
Assume a 20% payout or net profit, to make a $150,000 annual income, you need about $750k to $1MM AUM to make a decent living full time. Anything more than $1MM is considered a luxury to have.
I know there are tons of prop traders, some trade on their own and some trade with prop firms. The average AUM for the common traders can be small. Maybe $30k to $50k? Or that is still too high?
Assume a 20% payout or net profit, to make a $150,000 annual income, you need about $750k to $1MM AUM to make a decent living full time. Anything more than $1MM is considered a luxury to have.