trading without leverage ?

Discussion in 'Prop Firms' started by SethArb, Jul 28, 2009.

  1. my guess is that the typical "prop" desk / HF / MM could not compete against a good "retail trader or small spec


    if he did not have the ability to use leverage to bully the marketplace and reap his silly bonus at yrs end assuming
    his firm did not go belly up first and his quant geeks still
    had working models