Elaborate please..Worked on Wall Street/Hedge funds for many years..Are you saying I to 2 percent per month non levered is barely proficient?
I‘m at a local park at the moment and I see ducks and geese. No kangaroos. In New York I was a lawyer but didn’t work on Wall Street. I knew some backgammon hustlers who used to play bond traders outside the WTC for $1000 per point. That was the closest I got to rubbing shoulders with “BSD traders on Wall Street.” The traders I knew were all amateurs trading our own money from an office of a trading firm.
Keep in mind that most of these Wall Street guys make their money milking commissions from their customers, not by predicting the direction of the market.
I think those days are over though. Every broker is going to have "free trades" soon. My beautiful thread has turned into a troll again...