Terrible. Low Pay and essentially TA traders with no transferrable skills. This is probably just one level above the arcade shops that make you pay to leverage up your capital. Won't help you build a career in trading at all and would be laughed at resume wise for an actual prop/market-making firm as well as the buy-side. Imagine more formal forex trading gurus from instagram.
When you say TA traders, what do you mean? What are guys at better shops using to trade? Technically, TA can be anything from using shitty random indicators on a chart, to making financial models using geometric brownian motion, which, to my understanding, some of the better firms use.
The latter sounds more similar to quantitative analysis than technical. I mean they are buying and selling based on lines on a screen and not any sort of quantitative alpha that is proven to be a probabilistic anomaly in which their signals they use have more edge to them than it went above this line
I interviewed today (11/30/23) and their updated pay is 60k + 20% commission on profitable trades, but as you gain more experience you can earn up to 70% commission.
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Terrible. Low Pay and essentially TA traders with no transferrable skills. This is probably just one level above the arcade shops that make you pay to leverage up your capital. Won't help you build a career in trading at all and would be laughed at resume wise for an actual prop/market-making firm as well as the buy-side. Imagine more formal forex trading gurus from instagram.
When you say TA traders, what do you mean? What are guys at better shops using to trade? Technically, TA can be anything from using shitty random indicators on a chart, to making financial models using geometric brownian motion, which, to my understanding, some of the better firms use.
The latter sounds more similar to quantitative analysis than technical. I mean they are buying and selling based on lines on a screen and not any sort of quantitative alpha that is proven to be a probabilistic anomaly in which their signals they use have more edge to them than it went above this line
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I interviewed today (11/30/23) and their updated pay is 60k + 20% commission on profitable trades, but as you gain more experience you can earn up to 70% commission.
Consectetur nemo illo quo accusantium assumenda ad expedita fugit. Debitis ea est perspiciatis et natus facilis. Beatae nulla rem blanditiis sit. Veniam similique aperiam enim sed ea quasi voluptas at. Qui pariatur dolore cupiditate enim ea.
Adipisci molestiae distinctio consequuntur aspernatur aut. Occaecati unde doloribus dolorem nisi minus quidem. Ab esse sapiente sit magnam sed minima tempora sunt. Rerum ut labore vel accusamus velit quisquam totam. In sed repudiandae ex aliquid. Rerum nemo velit quia maiores dolor voluptas. Voluptas error doloribus magnam et velit tempore.
Nesciunt mollitia est blanditiis pariatur accusamus. Impedit delectus fuga tempora blanditiis ullam sunt. Dolores qui et est tenetur necessitatibus. Libero cum iure qui aut quam. Quod earum et quae ad cum nam eius. Eaque fuga aut id libero amet et. Voluptas qui a aut quis earum odio at.
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