Well, that's yes and no. It seems like in daytrading you can make more, but there's a "capacity issue". So, the SP500 is down 30% last year. And...
Well, we don't know who this Dave Smith is. Whether he's a good or bad trader or runs a hedge fund or not,etc. But I gather that he's just mad...
Silver, yeah. money mgmt and exit strategies are often overlooked though they are probably more important than anything..
Darkhorse, haha. That's right. Finally someone with some sense. When I was at a quant fund(actually considered to be small to medium sized),...
You know what's so funny? It's the state of human affairs and thinking. So, it seems like a lot of prop traders think it would be cool to work...
Danny Boy! Haven't heard from you in a while. But notice I did NOT say that this time around. :P hehe. -99
Haha. That's probably the best set of explanations I've heard. But I still don't understand this "hate/love" relationship that prop traders have...
Sure, I TOTALLY understand what you are saying. Even though I'm systematic, there are elements of my trading that can NOT be program into the...
dude! $15.2K in commission a month? How much are you making a month there net? Gosh, you must be up a lot to be trading so much... Or are you...
OHLC, That's what's pundits and forecasters been saying for the last 20 yrs. But it wasn't until the advent of the internet that enabled this...
Yeah, I think it's probably accurate to say that the vast majority of daytraders are making min wages or less. Though no one would admit that....
So, it seems like you enjoy SYSTEM DEVELOPMENT/research more than the actual mechanics of trading. I understand how you feel. I used to be in...
If you read New Market Wizards, there's an interview with William Eckhardt, who was a mathematician before becoming a trader, then there's a...
Silver, That's great that you are thinking like this. Especially at your age. Always keep your options open until you really know what you...
Yes, MM has to beat the VWAP! That's why you see a lot of "shakeouts" on an intraday basis especially on the Naz when a stock drop 40-50cents then...
Bond Trader, You wrote,"I was on the gov. desk at a BB and eventually migrated to a hedge fund. Like others, I got tired of the politics...
Traderman: Let me try to answer your question one by one then I gotta head to bed and trade tomorrow. hehe. You wrote,"from reading the...
Yes, they are totally different. There are 2 types of institutional trading: 1) Market-Making - like specialist and Market makers merely...
i-bankers are NOT traders!! they work on deals like IPos, M&A, and other advisory work. You are talking about apples and oranges here...
What sell side institutional desk were you on? I worked on the sell side briefly then moved to the buy-side on the institutional fund/quant...
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