well said....
i beg to differ.....position traders at wall st firms do indeed trade...quants are used primarily in the derivatives market (thought we were...
it's really a matter of perspective/time frame/market orientation....if you're a scalper you have to trade more, if you're with a larger firm...
i would be very interested in discovering the trading firm retention rates...although the mitigating factors (why would a great trader stay and...
Of course, the prop firms as a whole prefer to subtly promote the idea that you don't need a sizeable capital base because there are a lot more...
i thank you for your input....i like (or likely need) the discipline of going to an office every day....the comarderie is great and the exchanging...
re: real trader comment.... meant to be funny, ironic not insulting..sorry. :) mbs
trader 555, the fx market is tough to get into given the implosion of ccy mkt since monetary union-- thus significantly fewer players in the...
my experience is the firms hire ONLY top school mba/phd grads and those with internal connections.... trading experience is not particularly...
i can only speak on the fx market but traders ususally get a base of 100 to 150k plus health care, 401k, lots of other perks (many supplied by...
nst, from nyc, living in jersey.... i've only ever traded my own money and am not set up, computer, hw, sw, access-wise to do the best...
darkhorse, thank you for your perspective on my position trading question. in fact, i have been position trading for several years while...
sorry...LIM stands for logical information machines...they have huge dbs of equities, commodites, econ data...you can parse the data anyway you...
LIM has such software...including significant db of economic data and is used by loads of larger firms....a typical question LIM would answer...
thank you all for your input... i am trading my own money now in a margin account through csfbdirect...the execution is terrible...i often...
thank you for the information. mb
new at this so hope u'll forgive any protocol slips... i would like to position trade equities for a firm...i have been doing so for several...
Separate names with a comma.