Derivatives trader...
 

http://www.bloodhoundrealty.com/BloodhoundBlog/?p=4799

So it seems your either a bank, whale, chump or Home Depot.

A Whale is $30m-$40m a year!:eek:

A chump is above $1m but below a whale.

Bank trumps whale.:eek:

Making stupid money would be nice, to bad I'm not really good at math.

Tell your kids to start studying derivatives now!:D

Damn, sounds like I am Home Depot...

I could only ASPIRE to be Home Depot! :(

I can tell you from first hand experience it's all relative, the whales and chumps that think they are bullet proof always become Home Depot at some point I have been seeing it in Michigan for the last two years. I have my own term for the ones that always prosper, liquid and retire early those are the silent assassins people that you think are home depot but have a true zero debt and more free and clear real estate holdings than a whale could ever dream of.

The devil is always in the details fella's, the hedgers will be buried in the same whole as the junk bond traders. You can thank the blood thirsty F-'s for the mess were in.

....lol....who do I call when my Centurion Card melts?? :D

Would that be a Mad Melt? or Patty Melt? :P

Well if you make that much money a year and don't hold onto a large part of it, you deserve to lose it.

Think about it, you have to try hard to spend that much money. Cut yourself $3m a year to live VERY well off of and invest the other $30m+.

After 2-3 years you can retire and do anything you damn well want for the rest of your life.

It's not a matter of holding on to it most of the money is leveraging another account now that futures are a thing of the past their money is now truly shat. Keep in mind that the so called money being made isn't in the form of a paycheck most of the time if you make money you have to slowly back it out of the market. The next wave of SEC cases we will see is hedge funds colluding as to when they take the money.

Ahh so its paper money, it can evaporate as fast as it was made.


This is why I prefer real estate, dirt and bricks don't evaporate.

Fannie Mae and Freddie disagree.