I disagree. They can meet the fine lower class working women in the burbs who are very impressed with a hot shot working on Wall Street. Forget about the snobbish 5th Avenue, high maintenance golddiggers.
$335,000 for entry-level hedge fund analyst
- Thread starter blakpacman
- Start date
15% type returns are the results of the best fund managers with a multi-decade track record and large AUM.
Btw, long time ago I read somewhere that George Soros hedge fund had a steller year and the first year analysts ended up making......................not 600K but $6M for the year.
Such outlier data tend to shade up the real picture. 1 analyst at Soros fund makes $6M.......10 analysts at ABC firm make $100K. The average figure per analyst comes out to be $7M for 11 analysts i.e. 636K/analyst. Not impressive when looked into from statistical point of view.
Such outlier data tend to shade up the real picture. 1 analyst at Soros fund makes $6M.......10 analysts at ABC firm make $100K. The average figure per analyst comes out to be $7M for 11 analysts i.e. 636K/analyst. Not impressive when looked into from statistical point of view.
I hope you guys are just kidding, its impossible to make 2 ES pts consistently everyday, 10 pts per week might have been possible when we had more downside volatility and better range a couple of years ago.
Scalping is mostly suicide, its more so if you try to scalp a grindy/choppy market like this. Theres nothing worse than suffering death from a thousand cuts.
Scalping is mostly suicide, its more so if you try to scalp a grindy/choppy market like this. Theres nothing worse than suffering death from a thousand cuts.
Wow. Running what size?
This is why so many retail traders fail. Can't figure out simple risk reward.
If you can make 2pts/day in one of the most liquid markets in the world consistently enough to call it a salary, wouldn't you rather do it with a 1000 contracts rather than 10? Even if you only got 10percent of the profit on those 1000 contracts?
Hold on a sec. I should be able to price that.
A: 2pts * 10 contracts = 20pts
B: 2pts * 10% * 1000 contracts = 200pts
Yes!
too fuking funny. a good laugh for a saturday. thanks for keeping it real Mav.
everyone is chasing that same morsel of bread not to mention you have to have a solid track record to even make it on a trading desk these days.
I dunno. Easy to find yourself saying - "what would I need to do to sign up as a PB client". And then, "what would my funding be". And then "what information flow would I no longer see" etc.