WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (8)

Apr 30, 2014 - 2:49am

60% is just not enough. You need a minimum of 500%... a day. to even be considered a trader

Because when you're in a room full of smart people, smart suddenly doesn't matter—interesting is what matters.
May 1, 2014 - 12:58am

But in all seriousness 60% annually is likely unsustainable because you are risking way to much. I don't know what you're doing but I'm sure you're risking 100% of the portfolio to make that. You aren't that good.

Because when you're in a room full of smart people, smart suddenly doesn't matter—interesting is what matters.
May 3, 2014 - 7:10am

I trade FOREX intraday. I read lots of materials on Money Management which states to limit my investments by 4% of the capital; it's exactly what I do; in other word, I risk maximum 4% of my capital per single trade.
Why 60% is likely unsustainable ? I have fellow traders who do a lot more, for instance, one of them made 2 000 % in 4 years; and, currently manages investors' money.
I viewed your account; you are a trader at BB. What's your return per year (just wondering what return you need to have as a BB trader) ?
I appreciate your opinion.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
May 3, 2014 - 2:02pm

I don't think you understand what traders at a bank do...they are market makers, it's not like they give each trader 10MM and say make 15% or you're fired. in reality all traders trade with the banks balance sheet to trade flow trying to make money on the bid-ask spread, as well as positioning the book to make money based on future order flow, market volatility, liquidity etc. There is a PnL but its not expressed as a percentage return

May 3, 2014 - 11:20pm

Thanks for letting me know. But, could you give more information on difference trading own money vs trading at banks, with more explanations ? Or maybe you could just provide URL of a video that shows completely everything and explains lots of details in trading at banks ?
I guess type of trading that I do - closer to prop. trading.

Start Discussion

Total Avg Compensation

June 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (204) $233
  • 2nd Year Analyst (115) $151
  • Intern/Summer Associate (97) $145
  • 3rd+ Year Analyst (27) $145
  • 1st Year Analyst (420) $131
  • Intern/Summer Analyst (338) $82