Results 2,181 to 2,190 of 4581
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October 30th, 2020 04:42 PM #2182
Methinks that they are not really skilled traders but influential enough to step inside the old boys club.
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October 30th, 2020 04:50 PM #2183
OT
i think ang "trader" para kay Walter ung may trading account sa broker
ung nasa bahay lang buying and selling stocks, forex, etc
ung sinasabi ni Cathy traders who work for financial institutions
financial institutions have proprietary trading desks (called prop trading in the industry)
Prop traders use the firm's capital
Those guys are the equivalent of varsity team coz since they use the bank's money they better be good at what they do
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October 30th, 2020 05:01 PM #2184
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October 30th, 2020 06:26 PM #2185
Their coming from prominent families means connections right? I remember a poster at the defunct financemanila forum whose name sounds like a cigarette who is always sending cryptic posts about stocks that are about to be multi baggers. This guy I came to learn because of FB, is cream of the crop persona.
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October 30th, 2020 07:12 PM #2186
OT na ito
Cathy is talking about getting hired by foreign banks to be traders
GS, JPM, BNP Paribas, Santander, etc
you gotta have serious background
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"trader"
a guy who opens a retail trading account at an online broker... using his own money... trading at home in his pajamas
Cathy, i think yan ang pagkaintindi nila sa "trader"Last edited by uls; October 30th, 2020 at 07:22 PM.
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October 30th, 2020 07:45 PM #2187
...at iba din yung binabaril na may blindfold. Nakapajama din yun so don't get confused.
Es un trader! Fuego!
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October 30th, 2020 09:20 PM #2188
Not talking about retail traders ... yeah, investment bankers used to make a lot of money but that's not how it is now ... real traders work with hedge funds or trade independently where they have skin in the game ... the rejects are the ones left with the bank since they have nowhere else to go ... people who really know how to trade don't work in banks anymore ...
Then again ... don't take my word for it ... what do I know? ...Last edited by Walter; October 30th, 2020 at 09:33 PM.
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October 30th, 2020 09:22 PM #2189
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October 31st, 2020 12:07 AM #2190
Investment bankers are not traders
Investment bankers are salesmen who push investment products to high net worth clients
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