So I've always been curious - How do the annual returns of the top retail and small time prop traders compare to the returns of the top traders at the Wall Street banks and big hedge funds? I.e. - Best Bright trader vs. top SAC trader? I.e. - Top ET trader vs. top Goldman trader? I realize many traders look only at P/L - but that depends a great deal on account size. So how do annual returns compare between different traders? Is it fair to strip out the leverage and account size - and look just at total returns? Is there really that big of a difference in the skill level and quality of trader - or is more a function of capital?