Since the float is small, it just emphasizes the idea that rarely anyone is going to get out at the current price if long. If you can envision...
This actually, once I reread your post, is your key issue. Its the 80/20 pareto thing. Dude, or my friend, stick with the system you are...
Well, I am not a futures scalper. But to try to help you, I would do a few things regarding the switch. First, if you can, find someone who...
I disagree. When I traded Merger Arb, as a first year guy, I had to get out of the habit of looking at the number of deals I was trading as...
Kinda looks like images of a sweatshop. Also reminds me of the people who lived and worked downstairs in the movie Metropolis.
If we needed to boil this thread down to one post, the post I quote above reflects my experience in both an arbitrage fund office and a prop shop.
No, it is not necessary to have a large some of money to execute a profitable strategy and manage it, especially if you built scalability into...
Do you include these posts as well in your admonition? Well, I hope, for everyones sake, the right words come out at the right time, always....
Schwager mentions that all interviewees have first right of refusal. So if you say anything or he quotes you incorrectly, you have the option to...
Oh yes, and despite statistics, everyone can blow up. How many of you have your plan in case that happens? What drawdown will you take before...
It depends on the beliefs you have about the markets. If you believe market behavior is purely random, then my discussion below does not apply....
Yes....well there is always change. And future performance exists somewhere in that non-existing future. Who knows what will happen....its...
yeah....we will see....i see your point. I just think for JH this isn't unusual and for him, he has been here before.
Yes I am pretty sure. You can read books that clearly show this. I know some of his peers and competitors personally, and the characteristics I...
Thats really my point. He KNOWS to expect these drawdowns, and he can still operate WHEN they occur. That is the key to trading...or one of the...
UH....well 35% is part of the volatility in his system. If you can't hold through 35% drawdown, you can never reap the extraordinary returns he...
This quote exemplifies the apparent paradox of trading, amongst a few other gems. The first is that the markets are always the same because...
I must be getting older, or more wise, or more businesslike. I generally don't read these threads but I guess I had to have a taste of the old....
I hope this isn't construed by the management as solicitation, as my other offers of help were by the mediators of this board. If you want to...
I somewhat disagree. I mean...i disagree with your conclusion, because you may expect somebody to teach you a winning system involvine pairs....
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