Recent content by thatscapital

it seems odd to talk about the S&P index having a "low beta" when beta is (usually) a measure of correlation to the S&P

NY08, the question isn't whether it's possible to trade that small an account, the question is whether it is possible to make a living doing it. If I started with 10k I would need a 1400%+ (non-compounded) annual return to match my current income, which is, to say the least, unrealistic...

I know the answer my question depends heavily on one's strategy, horizon, market conditions, etc. but I'm just interested in general thoughts. Approximately how large (dollar value) of a portfolio can one comfortably trade options with, with a time horizon of ~1 hour - 5 days? Does...

First of all, you're never going to sell a business based on a DCF alone because you and your buyer are never going to agree about the assumptions (i.e. made up numbers) which largely determine the value. Even in normal market conditions you can find tons of companies that don't trade anywhere...

thanks for the input, guys. JCVR, you're right, i would wait until my two years are up to do this. i'm leaning toward the grad school option because it does seem pretty foolish to give up a high income for this with no backup plan. it might take a little longer to become a career trader this...

Hi -- I'm currently an investment banker (1 yr out of college) and kind of hate it. I love the markets, have good intuition, and think I could be a successful trader. The volatility lately has been driving me insane because I'm not allowed to trade, as I occasionally have access to...