< You should also consider limiting your social media exposure > Why? Other than for unrelated business purposes, I don't have any social media exposure. I don't use or relate via social media but why limit it? Is it seen as unprofessional ?
No, I'm not kidding, I do not know why. I know Sweet FA about social media and even less about how it's seen by other people. Please tell me plainly, I'm uninformed and ask purely for information
Anything you post on social media can potentially be viewed by potential employers/clients. A harmless post indicating your political views or religious beliefs don’t match theirs could be enough for someone to be turned off. Heck even stating what sports teams you like or dislike could be enough to turn someone off. I don’t post anything online with a strong opinion unless I’m using an anonymous pseudonym like we do here. I know of more than one salesperson who was canned for posting something on Facebook that could be viewed negatively by customers. Every time it was probably taken out of context. I’ve seen hiring managers look at job candidates social media before selecting the ones to interview. They were trying to guess which personality was potentially the least threatening to the company culture. Keep all of your public posts on point for the goals you are trying to achieve with people who know nothing about you. Maintain a professional image. The internet is forever….
Very tough. You would be better off simply visiting a hedge fund in person, that is if you can, and offer to show your trades by trading live. Speaking of which, why don't you do that here? Create a thread and post your trades in real time. If you're good as you say, who knows, there just might be a prospective clientele.
Just saw your questions. 1. My testing/ computer trading, were years ago. These days I trade technically, but without computer generating orders. I've looked for a testing platform, but found them lacking the proprietary linux-based system I had written by programmers. Aside from greater functionality, to manage money for MOMs (manager of managers) you really need to have complete control of the entire system. There appear to be some new platforms I've seen mentioned on Elite, but they require considerable programming to customize: I'm able to do just minor tasks, not a major design. But I still have my megs of code from old platforms / systems. Maybe some AI may help with that in near future. Re your time point: yes, these days I would probably start circa 2010, or even say 2015: mostly due to Central Bankers, liquidity has caused changes. But my systems were relatively short-term, with holding periods of days to a couple of weeks, and almost always long or short, so it generated many trades per year per system, so length of back-testing would not be as significant. 2. Regrets, have more to do with personal, than trading per se. I stopped managing funds, mostly because the business-end was a pain. The other also personal: did not take breaks / holidays from trading. In recent years, one regret is I have traded a particular stock -- looking for a huge move -- but should have just moved on. 3. Choosing trading itself was the big plus. Whether trading system design, or discretionary, figuring out the market is satisfying. And working for myself, by myself, is a big personal value. One "happy" point, is that whether plus, or especially minus, I forget my trades quickly. Both just clog the mind, and tend to influence future behavior. And to me it is the methodology that I remember and apply, not the particulars of the situation. a. Re futures, I've always been very active during the day, but never considered myself a day-trader per se. Even when I traded 1,000 lots in a day, it was always with keeping a certain sized position over several days. Regards,
You're obviously are not managing money for a living. It's fucking hard. You have risk limits to deal with, you have a restrictive mandate, you can't just sit things out if you don't like the market. It's a massive responsibility, you can't just wing it like you do trading PA. I've been trading for banks and hedge funds for two decades and, supposedly, done it well. What I've learned is that managing money is like climbing a mountain. It'll take longer than you think, it'll take more work than you think. You're almost certain to fail and many smart people do. But if by some miracle you do succeed, you'll discover that it's not worth it.
Genuinely don't understand why you purposely trading a time that you know has less liquidity and think that's a valid counter point, even if it wasn't your main one(particularly since you're stating it's not a niche). That makes no sense to me, but maybe that's just my opinion. As far as your first or main point I don't get it either. 100k trades? 100k shares of AAPL is $18 million dollars. Do you just mean position sizes worth 100,000 grand? Maybe I am slow today, but I am not completely following. If you're getting and needing such precise entries, than why not just do quicker trades and move to ES Futures or SPY ETF? Yet my understanding is you're holding overnight sometimes and for bigger moves. Your strategy can't afford to get filled a little higher?