Any prop firm in CONNECTICUT ?

0008 · Sep 9, 2009

Is SAC trading for short-term only?

0008 · Sep 9, 2009

Quote from monty21:

Probably just outperform the market relative to the amount of risk they take. That's why on a $100,000,000 account I can only see arbitrage strategies used.

You can't just day trade a $50,000,000 account the same way you can a $5,000,000 one. Guys that trade with less than $1,000,000 can return 300%.

So it has to do with total profit, rather than %. Consistent profitability is also better than speculating, taking great risks, and outperforming a more conservative guy.... the consistent trader will win in the long-run.

Read fooled by randomness... traders sometimes don't understand the role of chance in a short-term time frame. (If you happen to be long more times than short in a bull market, does that make you a good trader? Is it skill or just probability?)
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So you mean when guys start trading big they have to do arbitrage. Is it also true for guys like Jim Simons, Soros and David Tepper ?

chipmunk · Sep 11, 2009

no ithink he means for day trading. You can't day trade $100M like you would $5M

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Any prop firm in CONNECTICUT ?

0008

0008

chipmunk