Why Canadian Swifttrade prospers while American firms go bankrupt?

First off, if you're in the business for over 2 years and you're stuck between 5 to 10k a month... you're in the wrong business. And if you think the top traders at a firm making 2 million a year is a lot, there are lots of other firms out there where the top traders making like 5 to 10 million a year. If you're trying to talk up this company... you're not doing such a good job.
 
Quote from WallStWiz78:

First off, if you're in the business for over 2 years and you're stuck between 5 to 10k a month... you're in the wrong business. And if you think the top traders at a firm making 2 million a year is a lot, there are lots of other firms out there where the top traders making like 5 to 10 million a year. If you're trying to talk up this company... you're not doing such a good job.

where do you trade? what are the top guys making there?

mnx
 
Quote from WallStWiz78:

First off, if you're in the business for over 2 years and you're stuck between 5 to 10k a month... you're in the wrong business. And if you think the top traders at a firm making 2 million a year is a lot, there are lots of other firms out there where the top traders making like 5 to 10 million a year. If you're trying to talk up this company... you're not doing such a good job.


well we all have to start somewhere. If after 2 years I'm making 10K a month net trading a few hours a day I've died and gone to heaven. Not all of us have extravagant needs and expensive whores and lifstyles to maintain.
 
Quote from MasterRaistlin:

Ya wanna see some big numbers kids? Go to Haifa, Israel. That branch did 2.4 million in May. They're definately not rebate trading...LOL

EDIT:

to answer above, Swift trades US and London right now..soon to have access to Euronext and TSE. [/B]
Swift´s bussiness model has a very strong potential of growth in areas of the world that are pretty much unexplored in terms of trading... such as china, south america, middle east... That´s why their growing so fast... they´re opening new markets.

I cant wait for Euronexx... I hope they get some Asian markets soon... that would be good.
 
I would take 5-10k/month. How consistant is that, though? Do they just give you a set of rules, and if you follow them, you make 5k/month?
 
My friend tried to make it big there

FRom what I've heard from him:

-It's basically a piece of shit scam organization

-99% of people leave/are let go w/i the first 6months

The avg. payout to a person is NOT 5-10k/month, lol.


Btw, I enjoy how only on the internet do people feel making 100k+/yr qualifies as welfare living, lol3rsk4t3z
 
Yep most people leave on the first six months.
That´s because they give a shot to anyone no matter what background, and give em money to trade...
If it´s a scam then it isn´t really a good one since the only money at play is their´s... I guess canadians are lousy scam artists...
 
Sounds to me like your friend has a case of "I couldn't hack it so I'll bash it" symdrome. Lots of those kinds of people around here. Maybe they could start a support group.

Quote from 99atlantic:

My friend tried to make it big there

FRom what I've heard from him:

-It's basically a piece of shit scam organization

-99% of people leave/are let go w/i the first 6months

The avg. payout to a person is NOT 5-10k/month, lol.


Btw, I enjoy how only on the internet do people feel making 100k+/yr qualifies as welfare living, lol3rsk4t3z
 
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