Well, a reasonable prior is that if someone solicits money and promises riches, it’s a scam. I have not heard or seen any arguments to the contrary.
It's similar to stuff like MLMs and time shares. It's legal but is very shady. Here is a comparison unrelated to trading. Imagine you go on a...
The fact that some people are able to actually get a payout does not make it less than a scam. People make money in MLM structures and even manage...
Some NYC architectural landmarks can be purchased from him for a very reasonable price. Just ask!
Got it. I think AZ is great if you're into outdoors (I am) so I am kinda envious :)
Catered meals are a benefit and a drawback at the same time :)
I've worked for one of the proper proprietary firms and it's hard to understand the benefits until you actually start working there 1. Capital and...
There is, undoubtedly, value in sitting next to other people and being about to chat/collaborate etc. My current gig is mostly remote and I kinda...
There are legit firms that make money from trading their own capital, places like Tower Research, Jane Street or Jump. There are also, sadly,...
It’s not clear how long the assessment is, but you need about 2 years of trading returns to verify Sharpe ratio of 1.5 (to reject SR of zero) with...
No I don’t think it’s dead just think it’s harder to make money in a crowded space
Someone takes money while making it near-impossible to attain the final goal is a scam in my book. Their business model is to churn as many...
LOL. I do manage a portfolio at hedge fund - this has NOTHING to do with it. This is specifically designed to lure idiots and get them to pay for...
In short, you pay them $389 a month for the privilege and you almost guaranteed to fail given the requirements and infrastructure. If by some...
What asset are we talking about? Once break it down, you have a ratio spread - depending on the level of vol and skew you might be short or long...
Most of their AUM is in all sorts of “low touch” products. The vehicles where they lost money are their “alpha vehicles” which were also down last...
LOL. Dude, it looks like every other retail-oriented “prop firm”, with “assessment” and other bullshit. If I had to guess, the claim that they...
Vega of each contract is the same. Root time vega, however, is a good starting point
I misread your post - for some reason I thought you meant in a month. This said, a down year is relatively rare so not sure how indicative this 8...
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