For an individual trader the small advantages of setting up an LLC or LP are probably outweighed by the disadvantages. Main advantage: Cleaner...
I'm in Alamo. Near walnut creek. Trade full time. If you are ever in the area and want to meet let me know.
For the person who asked. My yearly income was 2x the loan I was requesting and my assets were 5x. This is like asking for a 100k loan when you...
I had a *wonderful* experience with this. Last year I went to buy a house. I'd done this before when I had a W-2 job so I thought it would be...
I have found when possible it's best to do the legal work myself if I'm fairly confident and have enough people to call to make sure I'm doing it...
Yeah, from what I've heard it's pretty brutal. My 'problem' is that I pay about $1,000 a day in excess fees until I pass it. So I'm reasonably...
Thanks for the recommendation. I don't see that you have taken the Series 24 specifically but if they've served you well on the other tests...
Can I hear from someone who passed this test and who thinks their study material was worthwhile? I know this isn't the most common test and...
Chicago is such a great city. I can't be too specific here or someone might figure out who I am but if you've been there a while we might know...
They don't seek outside capital. They are closely held partnerships. Even if they wanted to they are generally structured in a way that doesn't...
Yes. I do. After having started 2 threads on ET I think I'm getting tired of it. If anyone wants to discuss anything feel free to PM me but I...
I am sadly ignorant about the job market for equity trading. I've never even stepped into an equity trading firm and have only 1 friend who...
No problem. I'm not at all offended. Even offensive comments don't bother me. To answer your question. HFT takes very little capital but it...
Each trade about 30% of a tick. So 60% round trip. Really rough number because it can vary from $4.20 to $50 or even more for bonds. Exchange...
Now if only I could figure out how to pay people with simulated money. Or even better, backtested money. :)
A). Also kind of inappropriate measures. About 13 B) since we don't take outside money this isn't something I'm comfortable discussing A...
I think you are mistaken in what you think high frequency trading is. Instead it sounds like you want to automate pieces of what you do and/or...
Yeah. We are different in that we generally trade unhedged or lightly hedged outrights. Most trading firms do not. Even our algo stuff generally...
It kind of becomes a nonsensical number. There was one strategy that made money 242 days consecutively. Kind of silly to put a sharpe ratio on...
Difference is that anybody with a heartbeat can sign up and join a prop firm. They are not selective because they don't care if you make money...
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