How much is an Bitcoin option trader's salary? Is an affiliate more profitable?

[ZimmerJason]

Answer by Cocklebur Mu

The average Trader (Options) salary in the United States is $63,762 as of September 26, 2019, but the range typically falls between $51,700 and $73,393. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.


But as an options trader, you must sustain high risk, if you are an Affiliate you just need to propaganda your product. The Affiliate of IQ option they even don’t trade by themself, because they receive half of the broker's profit for all your traders. It means they rely on deceiving others to make money, more you lose your money in IQ option more they get.

I used to be IQ option’s Affiliate before, but I gave up a long time ago, because scam other people make me sick.

I work for a crypto exchange BitOffer now, because they create a good product and make me rich. And they release the new product ‘BTC Seer ’ recently. I don’t marketing my invite link here, If you are interesting you can register by your self. The even will give you $10 to trading. =) Have fun!

https://www.quora.com/How-much-is-an-option-traders-salary-Is-an-affiliate-more-profitable

How much do you think is reasonable when a trader earn per month? Leave your opinion beload.

[mk4]

How much do you think is reasonable when a trader earn per month?

In the negatives. It's not new information that majority of traders of various types of assets(especially short-term traders and definitely especially leverage traders) lose money. On eToro itself, they claim that "75% of retail investor accounts lose money when trading CFDs with this provider". I don't expect a different number on other platforms.

[zeze18]

I just know a trader have monthly salary. I think they're just earning by their luck and market's condition and they're not always win on their trade.
Also it depends on how much the capital money that they usedbfor trade.

[hugeblack]

How much do you think is reasonable when a trader earn per month? Leave your opinion beload.

It is hard for two people to have the same answer to this question and to describe their answer as a mistake. It varies depending on the country, age, experience, working time, the difficulty of work and others.
Trading is often not the full-time job of many traders as people tend to have boring jobs that achieve a stable income and then take advantage of the fluctuations in gaining more money generating additional income, so an average of $ 2000 per month will be enough for many because it is additional income.

[BigBoy89]

How much do you think is reasonable when a trader earn per month?

In the negatives. It's not new information that majority of traders of various types of assets(especially short-term traders and definitely especially leverage traders) lose money. On eToro itself, they claim that "75% of retail investor accounts lose money when trading CFDs with this provider". I don't expect a different number on other platforms.

All CFDs (https://en.wikipedia.org/wiki/Contract_for_difference) providers are regulatory obligated to publish this percentage. BUT this is for retail investors, e.g. people who in general don't know what they are really doing.

OP's question/answer is about professional traders on salary. They are on salary, no matter they are losing or not. However, they will not get this salary for long if they are losing traders...

From what I know, most companies are offering relatively small salaries + % based on results.

[ecnalubma]

Traders has no fixed income and I believe their earnings are not consistent due to different factors and sometimes they tend to lose more than they earn. Afiliate are often strategies used by companies to attract traders highlights possible income and trying to conceal the risk ahead in using their platform.

[1Referee]

Traders has no fixed income and I believe their earnings are not consistent due to different factors and sometimes they tend to lose more than they earn.

It depends on whether you work for a firm or not. In that case you mostly have a basis salary, where you can add to that through bonuses and whatnot.

In the end, the most successful traders end up leaving their firm because the experience they built up throughout the years allows them to make much more on their own than to enrich a firm, and you are not subjected to a lot of contractual terms where you can't do x/y/z as long as you trade for them.

The cool thing about Bitcoin and crypto in general is the fact that you can be your own boss, trade currencies that allow you to also be your own bank, and make a pretty penny out of it. Once decentralized exchanges become more streamlined, liquid, have proper matching engines, etc you only need a computer and an internet connection. How cool is that? 

[BitHodler]

Retailers are generally losers when it comes to trading (percentage wise over 90%), the asset or the type of instrument they use doesn't really matter in the long run.... people either lose their capital slowly or very fast.

I see similar questions pop up more often nowadays, all because of how silly clowns on social media claiming to be TA experts pretend to make a lot of money, while the reality is obviously very different.

It doesn't only affect the crypto space, but also the forex space where brokers pop up and disappear just as frequently as some of the shitcoin exchanges here do.... there is no shortage of noobs to scam apparently.

[beerlover]

Salary? Let me tell you something, if a bitcoin option trader is good at what he does he doesn't need a salary, he can make all the money for himself without needing to earn a salary. Is there people in the world who gets paid for this? Sure, there is but would you trust a trader that gets a salary or would you prefer a trader that is so successful that he basically makes his own money without a need for a salary?

If you are not entirely sure about trading and feel like you are not good enough to make profit yourself then I would suggest the affiliate way a lot more, at least there you will not risk money, sure you may spend some and not make it back right away but at least it is a good long term investment. With trading you HAVE TO BE good at what you do.

[ufaiz50]

IQ options are forex trading, from the data above it is true, they calculate the average income that promises but not for the average loss. Forex is very difficult for those who do not have the skills in trading this, the risk is high.

I don't really like affiliate programs, as you say it's like tricking people into trusting a broker, you will only get a little profit from a broker who gets a lot of profit.

[Harlot]

Even if you are a trader for an exchange and is getting paid for it the tenureship and permanency of work isn't always guaranteed. Every Bear Market phase is also a season for companies in the crypto industry to downsize and lay off some workers. So even though you are receiving a big salary there is really no guarantee that your job position will last even if you are good in trading because it always depends on the company's earning