In fact, you invest as a trader and let a robot do the hard work on your behalf. There is intelligent software available today to calculate asset trends within seconds and place your transaction accordingly. One of them that are making the news lately is Swarm Intelligence software. These robots are programmed to spot winning combinations of assets within a fraction of the time that would be taken by a manual trader.
The National Futures Association requires floor trader applicants to file the following: Form 8-R completed online, fingerprint cards, proof from a contract market that the individual has being granted trading privileges, and a non-refundable application fee of $85. Sourced from:http://www.investopedia.com/terms/f/floortrader.asp
Is trading a lucrative job? Do traders make a lot of money? Well there are those who cannot give a straight forward answer but they can actually let you know what they hated about trading.
So on Friday we can come in at 7:30 like normal people and he can pay us $20,000 in commission today. Sourced from:http://www.cnbc.com/2014/07/31/7-things-i-dont-miss-about-wall-street.html
Sometimes I can see trades so clearly and I know it is off the back of everything I have learned, and I can look at the charts and just know where it is going." Sourced from: http://www.telegraph.co.uk/finance/personalfinance/investing/11152406/The-DIY-day-traders-I-lost-250k-but-made-it-all-back-and-more.html