Virtu has a system with almost zero loss.
Scalping can work, apparently.
Lots of individual losses, just not very many overall daily losses.Virtu has a system with almost zero loss.
Scalping can work, apparently.
I trade a little over 100 million a trade when I use my full haircut. I have a few million to trade. I’m not sure it’s so much as capital as it is strategy after a million in capital. You can always gamble like Victor Neiderhoffer.
It’s not as far off as you think, with the right relationships and even just 100k, you could trade in the tens of millions.
Remember, I only trade arb so I’m not subject to risk arrays.
3% a week on 10 million in haircut ends up being a whole lot at the end of the year.
*Wink wink*