The haters on this board will not like this. He made $167K in 2 days. But remember a last week he was down -$90K open losses and held unitl it...
I think he's legit. I've been in his room for a couple of months. I've seen him call out trades in real-time. The reason I stop subscribing to...
HNW are High Net Worth individuals who are the ones qualified to invest in hedge funds. They are suckers for exclusivity. But at the end of day,...
That's nice to say on paper. But most hedge funds don't even hedge!!! On down markets, they lose just as much as the index does and sometime...
The average hedge fund returns are dismal. Only a handful are good. The rest suck badly.
Classic! Thanks for the laughts tonight! Much needed. :)
A trader I follow just banked $134K today! Just amazing. I really need to up my game! From rough math, he's definitely trading a MUCH BIGGER...
Now, you feel so much better right? ;)
some of it is operation. But not backoffice. Traders also come up with the strategies and ideas. If it's all operations then there's no way they...
Not exactly. Despite the system being "fully automated", they still need to be babysit. The traders mostly babysit the execution of the trades to...
True. Some quants later on become quant traders. But they usually start out being glorified overpaid software engineers with great math skills....
DE Shaw interviews are one of the toughest quantitative interviews on the Street. Probably only Rentech is tougher. They hire math, compsci,...
This is why I've stopped trading IB. I still occasionally put on small trades. I can't swing the size I like to anymore.
Or he's willing to sacrifice his life for the greater good of the people of North Korean....
If a mentor has that level of consistency and profits then they wouldn't even bother mentoring anyone. I'm no market wizard(at least not yet....
Because they spent the billions to buyback their stocks so their executives can get rich off of the options! Very perverse system. Now they are...
True. Those kinds of returns are not easily obtained. But there are traders that bank $15K today on penny stocks like SAEX. SAEX is only a $3+...
Not really. You should read other articles. Their hedges have PAID OFF hundreds of millions or billions almost every year. Of course, some year...
I've read past articles where their hedges paid off in the hundreds of millions to billions. They are by far the best oil hedgers/traders in the...
Fresh MBA grads from top b-schools (HBS, Stanford, Wharton, etc.) get roughly $250K package right out of the gate. This includes base, sign-on...
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