I have been offered a job as trader with one of the firm in Manhattan, The job is Prop Trader Equity. I am 24 years old and have a masters degree in engineering. I can find a job in the market paying me 60,000 minimum in NY.
Is Trader such a high flying job. Could some one throw some light for me.
Being a trader they dont pay me anything unless I make commision and for the first six months 2000 dollars will be paid which will be deductible of future commisions.
Is it worth a shot Any comments will be a great help
2007-01-07 03:31:20 · 3 answers · asked by Juewei H 1 in Business & Finance ➔ Careers & Employment
making money is trading is very difficult, take your education that you worked so hard for and go out and get a good job, then if you want to do some trading on your own, open an account with scottrade and put some money in it and trade away. forget trying to make a living trading, only a few people in the world are any good at it, and they will take your money
2007-01-07 03:34:08 · answer #1 · answered by besthusbandever 4 · 0⤊ 0⤋
So much depends on your personal aptitute...what you are good at. Very few can actually make a commission income situation work for them. Those that do have potential to make bundles of money, personally I couldnt handle the stress. Good luck on whatever you decide.
2007-01-07 03:42:51 · answer #2 · answered by Rick 3 · 0⤊ 0⤋
Only you can make the difference . You can make it as proffitable as you want it will depend exclusively on YOU !!!
Will Smith's last movie " The pursuit of happiness" is related to something like that .It's based on a true story.
2007-01-07 03:45:23 · answer #3 · answered by Naemesees 2 · 0⤊ 0⤋