Would you rather trade on your own making 100k yr or trade for a firm making 500k yr

[ProfLogic]

Quote from taowave:

You are incorrect in every one of your naive assumptions.....

I love it when I'm called naive. It's like a cool breeze blowing across the beach on a hot day. Thank you.

 

[ProfLogic]

Quote from volente_00:

sounds like a nice crib, I figured you had to be doing it without paying a GC for that price.

Home warming party for the 4th of July including fireworks. I can't wait.

 

[taowave]

Quote from ProfLogic:

I love it when I'm called naive. It's like a cool breeze blowing across the beach on a hot day. Thank you.

What would you call someone who is dead wrong in every one of their assessments and chose to judge another???

Enjoy the beach

 

[volente_00]

Quote from taowave:

What would you call someone who is dead wrong in every one of their assessments and chose to judge another???

A$$HOLE

 

[OddTrader]

Quote from discrat:

As a independent trader I haven't quite reached 100K a year. But I am making a comfortable Living full time for over 3 years now strictly on my own from my computer at home. And would not trade this for anything.

Not even a job trading at Goldman Sachs
for 500K or even 1 million a year.

I just love the freedom too much And I hate Authority.
Also its neat to get up in the morning and trade in your underwear if you want

How about the rest of you ?? What would you prefer ??

Why wouldn't a profitable trader earn a side income by trading part-time for hedge funds, probably using a scaling down system?

 

[ProfLogic]

Quote from taowave:

What would you call someone who is dead wrong in every one of their assessments and chose to judge another???

Enjoy the beach

What would you call someone that refuses to see both sides of any opinion?

Enjoy living in NYC!

 

[Tums]

common wisdom:

-- people who wants to work for a big firm usually can't get in. (not good enough is one reason)

-- people who used to work for a big firm, nolonger work there for a reason. (not good enough is one reason.)

 

[romik]

Quote from Tums:

common wisdom:

-- people who wants to work for a big firm usually can't get in. (not good enough is one reason)

-- people who used to work for a big firm, nolonger work there for a reason. (not good enough is one reason.)

it's not about wanting, the question was WOULD YOU or WOULDN'T YOU. I would not turn down an offer that would top my yearly earnings by 10 times, my family's prosperity is a lot more important to me than my spare time. Different people with different circumstances would turn down such an offer for their personal reasons though, I can accept that.

 

[dac8555]

Quote from Tums:

common wisdom:

-- people who wants to work for a big firm usually can't get in.

-- people who used to work for a big firm, nolonger work there for a reason.

trying to get back on topic here


500k at a big firm DEFINATELY

1. trading alone is boring
2. it is important to be around others to share ideas and monitor positions

 

[aeliodon]

Unrealistic comparision. You'd have to net GS 25,000,000 for them to give you 500k - assuming you get 20% of profits you generate. And 20% maybe too high of a figure, its my guesstimate. If you got skills like that, you probably can do better than 100k on your own. Good place to start off learning though - from better traders and with OPM.