Search results

#4 Just #4 Or an applied finance degree. Why muck about with unqualified youtube / internet "education"? Presumably your previous profession required formal education also. "4. Formal (Classroom) education. I am fortunate enough to live near NYC, and have taken professional development...

you had me at "women he met online"

OP - with your risk tolerance, my 2c is to keep looking for mechanical arbitrages.

There was also the issue of being exposed as a fraud.

If a financial adviser were any good he'd be a trader. If you're a failed trader you can always be a financial adviser. Same goes with equities analysts and sales traders. - If you are incompetent at something, idiots may still pay you for "advice" on that thing. In the land of the blind, the...

This thread is a good example of the absurdity of punting delta.

yup. I was going to ask "what kind of static hedge exactly"

uninformed overconfident but that's ok from this comes experience ruin. but experience.

sound's like he's selling teenies on expiration expect good times, then swift buttfu$kery.

you had me at winningest

never mind.

are you trading volatility or leveraged delta?

Nattenberg - options Maureen O'hara - microstructure Baird - more options / market making / dynamic hedging & pitt trader heuristics

1) Just as accurate as in years past. My results are just as reliable as they used to be. Useless before. Useless now. TA is still for selling seminars. Not for prop trading.

yes thats it

nothing to do with betting meh. let's assume you know what you're talking about the floor's yours - tell us how it is champ

"client facilitation" = prop trading you're running a prop book off the back of client trades or managing a hedge book vs your warrants / other exotics you've dealt any way you present it, you're trading prop with compliance ticking it off as "client facilitation"

you're mostly wrong there. the commission business barely breaks even. research is a loser. IPOs yes. but the biggest single delta to the overall p/l is the trading books.

wow. a bid above zero

I agree with this, and have seen it. Big C tends to hire 10 imported incompetents, rather than 2 local rock stars. Stupid policy .. so the desk builds adhoc stuff itself, to work around tech that doesn't work.