Would you take it?

Quote from CalTrader:



... Pretty simple equation.... After 5 years will you have more money than you can make running your trading business ?

In a business ownership position the value of the business builds in addition to the salary that you obtain. How much will your business value build over this time versus the commission you can get at the firm: will they provide an ownership position after a certain time ? Are they putting forth an employment contract or not ? What is the employer risking ? Nothing ?

To me the employment contract would be key: the employer should be offering some type of guarantees. If I am running a profitable trading business then I certainly would not give up my business for a bunch of empty promises .....
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Caltrader, Yes I have perused the contract it guarantees me X in income regardless of order flow. Well worth the experience alone.

Thank you for your thoughts.
indahook
 
Talked to the man this morning and took the job. Spoke to the compliance officer and he said as long as I am not making any reco`s, solicitations or sharing trade data I can chat away. Just thought some of you would be interested in knowing the outcome. Feel free to PM me.

indahook.
 
Quote from indahook:

Talked to the man this morning and took the job. Spoke to the compliance officer and he said as long as I am not making any reco`s, solicitations or sharing trade data I can chat away. Just thought some of you would be interested in knowing the outcome. Feel free to PM me.

indahook.
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Told you...times have changed......good luck though and feel free to Pm me if you ever have any questions
 
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