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Hi chipmunk The answers to all your questions are in the public domain due to the fact that the track records of all the successful hedge funds/CTAs are public so either eye ball them or run a risk algormithm over their individual track records and all the answers fall out. I don’t know...

What were you producing? Were you proprietary trading or in some kind of sales position? I have been in the business since 1982 and have never met this portfolio manager. I have met a lot of guys that finished each day looking like they had been in a fist fight. In today’s world...

Good insight; such an idea never even crossed my mind. However, I think this reason is more true of support staff and the troops in general verses the shooter but that said it still rings as a very plausible explanation of this phenomena. Cheers Smoker

Yes, very true. I just make the assumption he was a shooter at Goldman Sacks so that is how I framed my answer. The problem with being a junior is that a junior is more or less seen as just a junior no matter what the place (within reason). It really doesn’t carry that much prestige to...

Hi Rationalize, I hear you; gotta love the overseas life as a Canadian. I haven’t filled out an income tax return for over 20 years. I don't quite understand this? Do you mean playing the basis yourself as a speculator in cash/futures arbitrage or market making (same definition as...

Hi Rationlize, Are you onshore stateside or overseas? What will be the effect of stateside regulation on proprietary trading on your new venture? This sounds like high frequency market making rather than proprietary (directional) trading to me. I am curious to hear more and find...

Hi DedicatedTrader, I think I gave my best answer on how to get into the business in several posts earlier in the thread and nothing you have said regarding your situation drastically changes my earlier opinion. However you do have a couple things that make you different from someone...

Hi guys, Well the sandbox is rolling around25 to 30 Centigrade since it is the winter out here. That is reasonable thinking as long as you are completely happy and feel that the level of success in your current working world is “true to your nature”. But it you want more and are...

Hi Guys, Kind of got busy and dropped off the board for a while. WOW! Never in a million years did I even think there was someone in Siberia trading merrily away. I like to think the Sandbox is an exotic location but you win the gold metal with Siberia. It appears to me that these...

Just my two dirhams worth! Speaking of which are you on my side of the plant? Its 14:00 in on the gulf and 06:00 in New York so kind of early in the day stateside. Or are you just up early to get scalping the European markets since the US is closed due to a huge freaking storm in New...

Hi cornixforex, You know I keep saying this to people on this board that think they are at, or closing in on their strategies liquidity restraints but think of your edge as less of a scalping set up and more of a methodology and it might be a lot more scalable that you currently realize...

I assume your mates are not the super rich so I hope your liquidity issue is still quite a way down the road. Have you spoken to your FCM/broker about the possibility of shopping your track record around to the international asset allocators? Your FCM runs their risk management algorithms...

Hi Hoofhearted, There are other reasons to try to score an asset allocation related to other areas but Cornixforex hit on the main reason related to risk profile in the following post. Hi Bowgett, Yes but being trained and surrounded by mentors and gaining experience in a...

Hi minmike, Definitely smaller because I have never heard of this kind of deal you outlined being offered in the professional asset allocator world….. How could any individual have personal assets even close to that of a professional asset allocators typical allocation? Did this guy...

Hi Opulence, Just for a different perspective I am kind of in the middle between these two but historically am more slanted to the professional side verses retail side. I have worked at a big bank FX market making, on the CME floor options market making for a proprietary floor trading...

Hi Razvan, This is a cut and paste of what I told my nephew in real life and another guy on this board that was also looking to be a professional trader. It is from a post on another thread. The thread topic was "What's the difference between trader and portfolio manager?" but drifted into...

Hi quix034, Ok best of luck and don’t forget making it in trading means learning mathematics, programming etc over how to make a cup of quality coffee. I have a nephew just entering university in Canada who is interested in this business and asked me what subjects he should take to set...

Hi quix034, Sorry I didn’t get back earlier but have been a little busy. Finding that Auzzie temp is not as hard to come by as putting the effort in to become “one of those guys”. Without the effort of having a physics degree, seven years OTC market making and risk running a...

Hi quix034, An honest answer is easy to give; it is the correct answer to fulfill your ambition that is the problem. That said what you have no hope of getting is an easy answer! The good news is if you really are that diamond in the rough, the undiscovered Michael Jordon playing...

I really enjoyed my time at CRT and it was a heartbreaker when they sold out to Nations Bank. I probably would have stayed them forever (well at least until the floor died) if they didn’t go the big bank route. This is only my opinion but I view them as one of the best examples of being so...