Would a successful trading record at a prop firm help me break into IBanks and funds?

I have an edge. And so do you. The losing probability is only 33% think about.

 

I love it, ozzietrader has been brainwashed by the propaganda spread by prop shop trading owners on this site!! Once you learn the industry a little better, you will see why trading for a fund is preferable.....access to information, resources and other brilliant minds will be much better than if you are some individual guy trading your own account....95% of daytraders fail....and the hedge funds love undercapitalized, unsophisticated daytraders...they are generally the dumb/easy money in the markets!

 

power in groups
power in numbers

power in union.


emm, should be obvious

 

I have no idea how you come up with this number. Care to explain? I'm curious.

 

I agree mostly with what you side. Though perhaps not the last point. Hedge funds don't really care about unsophisticated daytraders. Collectively, daytraders represent at best a barely visible portion of a few asset classes.

 

I was just yanking your chain sjfan. Considering you just stated you were ignoring my point of view, you didn't expect much else from me did you?
I don't know why you're so hung up on compounding, but I appreciate your point of view.

 

I've never traded for a prop shop. Where do you people come up with this stuff?
I have been trading full time for nearly 2 years, so excuse me for thinking there's more than 1 way of achieving a goal.
Out of all people/professions, I would expect traders to know there's more than 1 way to skin a cat. The way I trade works. It has produced positive results in the past and is continuing to do so presently.

 

Thinking about it, it's actually ironic NYSEscalpa used the term "dumb money". I used that term on another forum when sniffing out some dumb money myself.
So how about it NYSEscalpa, do you want me to show you I was the smart money? I would love to see your reaction to that. I'm sure it's against the rules to paste the link here, so if you want to eat your words let me know.

 

I wasn't calling you dumb money at all, only saying that daytraders are at a relative disadvantage to larger institutions and funds....but sure, why don't you send me evidence of how you are actually "smart" money

 

I think actually daytraders are at an advantage to funds etc simply because it's easier to buy 1000 shares than 1,000,000 shares.