Recent content by jjchoi

I agree with the OP. Prop trading is an awful industry to be in, and if you're interested in macro research, asset allocation, portfolio construction, etc., you really need to get an MBA from a top school with a strong finance curriculum (Wharton, booth, mit, Columbia) and rebrand yourself and...

Congrats. What study materials did you use? I have to take it again with my new firm. Ugh.

Any idea how I would go about that. Given the closing price of the dow jones index, how would I calculate the theoretical implied value of what the DIA ETF should be? Thanks.

Hey guys. Some advice would be greatly appreciated. I'm looking for published cases/studies (academic journals would be ideal) which show empirically that major moves in commodity futures prices preceded major geopolitical unrest (ie., terrorist attacks, invasion of oil exporting countries...

Ugh. Failed for the 3rd time today with a 66. I'm utterly shocked because I felt pretty good when I finished the exam. Pass perfect definitely did help. No idea what went wrong. Now I have to wait 6 f*cking months to re-take it.

What was your highest pass perfect practice exam? I haven't broken 70 on any of my practice ones, so i'm getting very concerned.

I have taken all 4 practice exams on passperfect and have gotten between 62 and 69 in all of them. They seem harder than the actual 56; nonetheless, i'm getting worried since my exam is tomorrow, and I'm fucked if I fail again.

Did you ever read the CBOE study manual? Or did you rely only on pass perfect?

Were you also scoring in the low 60's for the practice exams?

Yeah the pass perfect practice exams are pretty damm hard. Definitely harder than the actual test. Hopefully i will be ok by friday.

I'm taking the series 56 this Friday for the 3rd time and am going through pass perfect. The practice exams are pretty damm hard. I got a 62 on the first 2 full-length exams. F*ck!

Yes, interpretation of news and events and other "soft" factors is pretty critical. At my desk we use algos, but it's basically a grey-box system. I do a lot of adjustments and other discretionary decisions based on what's going on in the market. This includes filtering, not trading certain...

Six figures a month from equity pairs trading? Holy cow. That's pretty impressive, given that these guys are not using algos. And yes, co-integration for intraday trading seems almost useless.