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Why do 90% fail? 1. You have people who's only traded for 2-3 years, with a 1 year track record thinking they're good enough to start a fund up. Futures are OK. Equities... shady because of the current upward market. FX funds are definite. Sadly enough... less regulations, more failure...

I still think Don Bright and Van Tharp (when he had his mustache) look alike. Or are they the same person? Anyways... I thought WTF was pineman by the freeway entrance with a sign saying: W ill T rade 4 F ood

OK... issues with umbrella... There's quite a few of them out there... I don't use them and it was a tedious process (mostly legal) starting on our own. Look at it this way... the larger umbrella firms already have their set of clients. They would only let a "program" join that can be...

What is lots of? I don't want your whole resume but what are your technical skills? An "outline" of your trading experience would be helpful with giving advice. Another issue is, it's very rare for a top hedge fund to hire a junior trader unless the candidate has extra skills, like...

I run a fund. Performance has little to do with the business of running fund. One issue is the ability to make money is already a prerequisite in the fund business. "You're a trader. Your job is to make money trading. If you're not making money... you're not a trader" ...way of thought...

Freagin' newbs... Fastest???? http://en.wikipedia.org/wiki/Field-programmable_gate_array Other than that, burn your program into the chip in a factory like... http://en.wikipedia.org/wiki/Application-specific_integrated_circuit Or am I too "advanced" for all you newbs...

What lib are you using? It's very very very... scary... when I see a newbie trying to run an ATS...

Rearden Metal IS SATAN???? Seriously??? :eek: :eek: :eek:

I don't get it... :confused: :confused: :confused:

Stories about D.R. is like an urban legend. We don't even know if he really exists. It maybe Schonfeld's marketing strategy to make up stories on someone who doesn't exist... Though, Last I've heard, he's in the Psych-ward for grinding a hole in some firm's office... Another story I've...

Mainly, I was talking to firms. Some individuals. Most of the systems I develop were/are shitty. I've been screwed a few times by not taking precautions during business talk, like providing the source code. I think I've made more mistakes than good ones. Mistakes/fucking up are just...

Ahhh... reminds me about why I moved to Chicago from LA... As I mentioned previously, I was LA at the time. I kept on hearing stories about Chicago and NYC (East Coast) traders banging large $$$$ at the time. Those consistant 7 digit trader stories / led me to consider myself to move into...

Think about the sex... :D :D :D

How competent is your tech. guy then? Who will do the "customization" for you? Regardless of which type of CEP/ESP package you use, you'll end up needing to hard code your algorithm in the core software. That said, Apama. Though, any 3rd party vendor package is pretty much like a...

The women would be chasing after you if can become a "decent" hedge fund trader. Think about being in your 50s and dating / marrying a model in her early 20s.

... "Coming down with Dow Jones" He means that he's a big playa. He wants to say that he's not only a Rap Industry Mogul but a Wall Street Mogul, too. He's got a lot more ventures going on other than Rap/Hip Hop that, even if the music industry goes into recession, he'll be making...

I have to disagree. One word: "Schonfeld" (Their Reuter platform sucked though... just good structure as a whole) I have to disagree with this also. I knew a lot of Bright traders moving to Worldco. Everyone hated the slow and often crashing Bright's platform based on the old school...

... *shheeeezzzz* I'll tell you now that I agree with Maverick. Good prop. firms are military style. It's got to be done. Look at the military all over the world. You have a bunch of people from all courses of life. As a military, you're expected to turn them into a soldier. You have...

You're a SE, you should know the difference between a rational process and a logical process.

I guess I look like a bum... :( I don't wear suits unless it's an important business meeting... and I keep a set of suits at the office... I wouldn't want to sleep in my office in my suits would I? I admit... I'm a bit ghetto... Anyways, where's Don or Maverick when you need them? :p...