DAYTRADING Fundamentals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: OZ who wrote (2490)	8/6/1999 10:11:00 PM
From: TFF	Read Replies (1) of 18137

I guess my point is that these firms should be offering the training free as part of their service. I imagine it won't belong before they do. Can you imagine the typical "pitch" to a potential franchisee of one of these firms?...." Yes, people come to you and pay YOU $3,000 for training on how to use the your service, then they pay you $15 bucks a trade.The typical trader can trade as many as 50 - 100 times a day. That means that typical trader is generating $750 x 250 days =$187,000 in commissions. If you can land 50 traders you'll be making 35% of $9 million. Now imagine if you can land 100 or 200 traders??As long as you keep the seats full you'll make a killing.Now remember the key is to "train" them to scalp..you'll never make money from swing or position traders"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next