Making of a method

Discussion in 'Journals' started by game, Apr 15, 2013.

  1. NoDoji

    NoDoji

    Yes, I was flattered by the invitation but as a small retail scalper I didn't feel like "book" material :cool:
     
    #1231     Mar 21, 2014
  2. dbphoenix

    dbphoenix

    Not even as a fold-out?
     
    #1232     Mar 21, 2014
  3. Daal

    Daal

    Anyone making $150,000 or more a year for more than 2 years in the era of HFTs in my view is book material (at least in my books), why?
    Because its nice to interview the guy who makes $5M a year daytrading but that guy is likely to have things going for him that most people are extremely unlikely to ever be able to get (be it genes, strategies or even inside info). But if someone works really hard, they can become the $150K dude, or maybe do even better than him. Put it this way, there are a lot more market inefficiencies and leeway for mistakes/flaws to become a $150K dude than become a $5M dude.

    Not saying there is nothing to be learned from the $5M dude, you can learn from both. But I wouldn't knock the $150K dude because right now we are in the era of HFTs and low VIX, that dude will be a $500K a year man when the VIX blows up and the SEC bans sub-penny prints, etc
     
    #1233     Mar 21, 2014
  4. Daal

    Daal

    I'd say in futures even $100K a year is pretty good. When the next bear market hits and predictable patterns pop up more often, the guy will be able to make much more
     
    #1234     Mar 21, 2014
  5. NoDoji

    NoDoji

    I've heard this sort of thing from others and have been curious what sort of patterns occur more often in a bear market.
     
    #1235     Mar 22, 2014
  6. game

    game

  7. niko

    niko

    #1237     Mar 24, 2014
  8. game

    game

    Man my game is all over the place right now. Been doing some stats work and it's throwing me off. Looking forward to the new wings once this deep dive is done.
     
    #1238     Mar 24, 2014
  9. game

    game

  10. game

    game