where is your money going

2008-09-17T17:52:00.000-07:00

i worked as a day trader in 2006 in China when i left college.it is hard for me to get a good job ,so i went to a day trading firm ,also known as swift trade,a prop shop based in C.A.

The traders in swift can make 10,000 USD per month ,also many traders can make 100,000 USD per month.Well ,i know a lot of American only can make 4,000 per month,and a lot of chinese people only can make 400 USD per month.Well, it suprise you.

how they can make so much money?well ,they have edge you never have .

first ,they have lowest commisions,very low, you cant believe it. .0001/per share,that mean 100 shares for IBM ,they only pay clearing firm 0.1 usd for clearing,of course they need to pay SEC fee,routing fee.but sometimes they can get a rebet from ECN ,for example , NSDQ can give back 2.5USD to traders per 1000shares for they put liquid to markets. A lot of chinese traders make easy money from markets.

secord ,some companies have much great EDGE. before july 2007,stocks cant be short sell directly in downtick, if you short them in downtick ,it is illegar. Title trading--open accounts from GLB trading,a US broker ,title trading have stake in Titel trading a C.A prop shop. GLB allow title trading tradres short sell every stocks ,a lot of chinese traders make a lot of easy money cos of short sell ; tilte trading can short every stocks, even if it is IPO stocks, even the stocks price below $1. ETC , okay , hold brother - a us broker located in NY, can do this ,too ,FINRA know this,but they dont shot them.huh..

third, some US broker cheat a lot of money in markets , for example ,hold brother.

we have huge levelage ,or buying power ,you cant image ,so we can beat a lot of common investors in u.s.

you want to know what u.s broker make from us?

only .0001 per share.....

i though america guys help us to make money from america guys....

tradeustock

where is your money going