Making of a method

NoDoji said:
Yes, I was flattered by the invitation but as a small retail scalper I didn't feel like "book" material :cool:
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Anyone making $150,000 or more a year for more than 2 years in the era of HFTs in my view is book material (at least in my books), why?
Because its nice to interview the guy who makes $5M a year daytrading but that guy is likely to have things going for him that most people are extremely unlikely to ever be able to get (be it genes, strategies or even inside info). But if someone works really hard, they can become the $150K dude, or maybe do even better than him. Put it this way, there are a lot more market inefficiencies and leeway for mistakes/flaws to become a $150K dude than become a $5M dude.

Not saying there is nothing to be learned from the $5M dude, you can learn from both. But I wouldn't knock the $150K dude because right now we are in the era of HFTs and low VIX, that dude will be a $500K a year man when the VIX blows up and the SEC bans sub-penny prints, etc
 
I'd say in futures even $100K a year is pretty good. When the next bear market hits and predictable patterns pop up more often, the guy will be able to make much more
 
Daal said:
When the next bear market hits and predictable patterns pop up more often, the guy will be able to make much more
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I've heard this sort of thing from others and have been curious what sort of patterns occur more often in a bear market.
 
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