No, the interviewer was a trader, not a salesman. Warren Buffett's father had a tiny little brokerage, hardly Goldman Sachs. Warren probably didn't learn a huge amount there. The vast majority of successful traders don't know anything about HFT. I fully expect most HFT firms to be out of business within a few years. Apart from your catchphrase, your English is pretty awful. edit: actually, your catchphrase is crap English as well .
They are just like any other ordinary businesses. Ask youself this: Why circuit city went bust? Why did linen went bust? Why border book store file bankruptcy protection? Why did countrywide financial went bust? Why did washington mutual went bust? Why did blockbuster file bankruptcy? The reason is they went bust because they didn't have a good business plan. Now, ask youself this? Why didnt bank of america bankrupt? Why didnt CitiBank went bankrupt? Why didn't Walmart went bust? Why didn't ScottsTrade went bust? Why didn't HomeDepot went bust? And most of all, how come APPLE didnt go bust? The reason they didnt go bust because they have a good business plan.
I am a day trader and I have a very good business plan. 12+ years in the business and things are going great. I think many day traders have a bad business plan.
WTF! Both Citibank and Bank of America were bailed out by the US govt!!!! You REALLY don't know anything, do you?
Only part of that statement is correct, just like all of your statements. You can tell by your statemnt as well your level of understanding regarding business environments is extremely lacking.
it doesn't matter that they were bailed out by the gov. They are still in business. They know how to play washington game.
doesn't matter to me if i lose the credibility. The fact is More than 90% of small traders lose in a "Spectacular Fashion." They just lose!!!