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Life is good being a broker


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Life is good being a broker

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  #1 (permalink)
California
 
 
Posts: 61 since Apr 2010
Thanks: 25 given, 42 received

Dang, I never thought about how many transaction are flowing through the avg broker. And, this is one of the smaller ones. Even at an avg of $0.10 and 3 pip cost for every trade, you are guaranteed mega cash flow every month. Why even screw around trying to run a trade desk, too?

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  #3 (permalink)
Battle Ground, WA
 
Experience: Master
Platform: Multicharts DT & MBT Desktop Pro
Broker: MB Trading
Trading: GBP/USD, EUR/GBP, EUR/USD, GBP/CHF, GBP/JPY
 
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Dang, I never thought about how many transaction are flowing through the avg broker. And, this is one of the smaller ones. Even at an avg of $0.10 and 3 pip cost for every trade, you are guaranteed mega cash flow every month. Why even screw around trying to run a trade desk, too?

Cause there are a bunch of greedy SOBs on this rock.

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