I love it when I'm called naive. It's like a cool breeze blowing across the beach on a hot day. Thank you.
What would you call someone who is dead wrong in every one of their assessments and chose to judge another??? Enjoy the beach
Why wouldn't a profitable trader earn a side income by trading part-time for hedge funds, probably using a scaling down system?
common wisdom: -- people who wants to work for a big firm usually can't get in. (not good enough is one reason) -- people who used to work for a big firm, nolonger work there for a reason. (not good enough is one reason.)
it's not about wanting, the question was WOULD YOU or WOULDN'T YOU. I would not turn down an offer that would top my yearly earnings by 10 times, my family's prosperity is a lot more important to me than my spare time. Different people with different circumstances would turn down such an offer for their personal reasons though, I can accept that.
trying to get back on topic here 500k at a big firm DEFINATELY 1. trading alone is boring 2. it is important to be around others to share ideas and monitor positions
Unrealistic comparision. You'd have to net GS 25,000,000 for them to give you 500k - assuming you get 20% of profits you generate. And 20% maybe too high of a figure, its my guesstimate. If you got skills like that, you probably can do better than 100k on your own. Good place to start off learning though - from better traders and with OPM.