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A comment on Don't Steal Money from Day Traders Before They Lose It. Parent comment

Re:Don't Steal Money from Day Traders Before They Lose It by speedplane on Friday September 07, 2018 @02:10AM (#17932221)
Right... most traders get big bonuses when they win, but if they lose, at worst they get fired. If you can win for a while and then get fired eventually, you'll still end up on top.
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Re:Don't Steal Money from Day Traders Before They Lose It by gaius on Friday September 07, 2018 @06:11AM (#17933095)
Trader A makes $10m in year 1 and gets a $1m bonus. She loses $10m in year 2, and gets no bonus so the firm is down her $1m bonus.

Trader B makes $1m in years 1 and 2. That’s too low to trigger a bonus, but his firm is up $2m.

The system doesn’t reward trader B so he has to choose: do what’s right for the firm, or take big risks in the hope of a bonus

(Simplifying dramatically)

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Re:Don't Steal Money from Day Traders Before They Lose It by cheez on Saturday September 08, 2018 @12:40PM (#17941575)
Many firms implement clawbacks for this instance
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