They lied to you. Trading is taking a hard hit right now because the markets are so shitty. On top of that, this work is not trading options on a major exchange or even getting floor experience. It's Day Trading. Day traders are shutting down very fast and losing money rapidly. On top of that, I don't know of any "good" day trading firms in Canada. By being good you can offer your traders faster systems, lower fees (higher commiss), and much stronger training.
To go into it and think you'll be making money is wrong. They would have scammed you hard by telling you that's how much the average salary is. Trust me. In day trading you go in and are usually net negative for quite a long time (think minimum of 6 months). To think otherwise is a joke. You have no developed trading strategy. Yes they may provide you with some training, but that isn't the same.
On top of that, this isn't the most stimulating career. Why don't you decide what you like to do and head towards that direction? Trading (not day) is not some BS career. If you want to be a trader (like risk, aren't afraid of getting yelled at, are very strong quantitatively), you will most likely have to go to NYC or Chicago and bust your balls on the floor for 1-2 years making in the high 20's. Then once you do that, you have doors open to you where you'd probably make a minimum of 75 if you're decent - not bad since you don't need an MBA or grad degree.
-Rudey
--If you have any finance/trading/consulting/banking questions, PM me.
Quote:
Originally posted by CC1GC
hey folks, i'm looking for some gc advice about a major life decision i'll be making in the next few months.
At the end of last summer, fresh out of university, I was hired by a day-trading company. This company trains newly graduates to use their system to trade the firm's money on the market. The catch is the first four months is full-time unpaid labor ...the money is high (the average salary is 9600 a month), the turnover is high...hence the dilemma. Well, after conversing with some ppl in the industry and a lot of family and freinds, I turned the job down. Also, i didn't have the coin to live on nothing for 4 months.
I don't know at what point I gave this consideration. Maybe after driving X amount of nice cars I start to wonder, "why can't I have this lifestyle?" I've been bustling my balls averaging 56 hours a week so that I could go back to grad school in january without having to take any more student loans. Now, i'm trying to have enough money saved up so that I could give this a shot and if it bombed, I would be able to go back to school.
I would still work weekends for some cashflow (and security).
I've gotten a lot of conflicting opinions, maybe i can get some fresh info from more objective perspectives 
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