Do any prop shops/firms have an edge?

and any edge that they have institutionally won’t be shared with anyone. You will be given signals snd look to source inventory around those signals.

 

buy some SPY and keep doing what you are doing.

 

No no, he is literally going for his physical gold, as if the world was ending.
Anyway.

 

I don't have a wife.

 

Oops, sorry.

 

...or had his wife go for the gold XD. Hey, you never know... maybe one day the banks won't open for us!

 

I think the poster is looking to get to a trading firm and he emphasized 'he can successfully short even in a market that only goes up'. Either a job or partnership?.....

 

What book would you recommend?

 

Banksters never die, you should know that by now...

 

I've read over 400 trading books, only 3% of them or so will show you the backtest of their systems. And when you look closely you notice that most of these winning systems cannot do better than the index, despite the fact that their drawdown is usually smaller.

That said I like the Perry Kaufman books, they provide a solid scientific foundation for most trend-following and counter-trend techniques, even though they are not for the casual reader.