1. I wouldn’t try to compete on their primary trades. You can win by specializing. Also, there are many types of latencies to optimize. Single...
What I do personally trading now is more test ideas. Mostly automated. But making money isn’t the goal. Collecting information is. So I can’t...
I guess I know a few ES traders who started early enough that they can still make it trading on their own. But the career path has been. 5-10m...
By BIG on options I’m not sure if you mean citadel / optiver / SIG crowd or some more hedge fund focused group. low risk market broad market...
I agree completely. I’m usually working on taxes for 10 months each year. It’s truly terrible. Getting massively taxed in CA and threatened with a...
This is too general. The answer is product and accounting method specific. Stocks mark to market. No tax Stocks specific identification -...
I guess you probably shouldn’t start until you know what you are doing. But I’ll stand by the 6 month test. After you have a pretty clear idea of...
That is true. Before trading on my own I was at some pretty successful places and had a good handle on both stat arb and capital structure arb....
A problem is having low goals. Goal should be very high consistency and accelerating dollars. If you target ‘support a family’ you will likely...
I ‘retired’ from this site a few years ago but like to check in the first two weeks of each year to see if there’s anything new being discussed....
Aurora data feed run 10GB. And it’s extremely difficult to process direct feed at line rate and run any sort of calc on every tick. I’d also...
A hedge is almost always more expensive than an exit. If it’s causing you stress, best course is to exit. Depending on how I feel that means...
Take 2/3 off
Of the two I would find the first one more interesting. Trades that are artificially difficult because of regulatory or capital hurdles can be...
I would totally do this. And make sure you are doing it from a different country every time. Outsource some foreign secretaries too so when they...
Not really back. Just for two more weeks. Trying to get a sense for how markets are treating people and what they are active in. And maybe find...
Yes but you wouldn’t say it that way. There were already resting offers at 00 so they became the best offer. You would say it like the 75 offer...
I’m not sure you understand enough to understand the answer. at :02 the market was bid 50 and offer 75. Then the bid moved up to 75 and the...
Ha. I’m both pleased and embarrassed. Pleased that someone accurately corrected me. It’s like the internet worked. Very good. Embarrassed...
The typical fine for doing this on the CME is 20-50k for an individual and suspension from trading for a year to possibly forever. Just look up...
Separate names with a comma.