Gifted trader: Andy Priston

Discussion in 'Trading' started by flipside21, Apr 29, 2012.

  1. tommo

    tommo

    To the guys that traded with Priston... do you know what type of risk: reward he would have on a trade?

    My reason for asking is I have been trading at firms in and around London for about 6 years as a scalper (taking 3-4 tick winners). I make a living for myself so cant complain too much, but would love to get better at running some positions a little longer.

    Would Priston still take small losses or was he just such a big trader he could hold things offside all day? Ive met a lot of "big traders" and when you actually sit down with them for a bit just see they are punters, they could make 50k on a trade... or drop 100k if theyre wrong.

    Just would be nice to hear how he managed his risk whilst trading that big.

    thanks
     
    #71     Oct 9, 2012