Whole Concept Of Track Record is STUPID!

Quote from gnome:

Maybe we should do a flash headline... "Somebody deceived and got away with it"?

Such things might GET a position, but to KEEP it you'll have to perform. The truth doesn't take long to be revealed.

In case you didn't notice, many big funds imploded recently
 
Quote from xflat2186:

Banks are notoriously tight and thorough in their evaluations of candidates. You wont get far walking in with a retail account.

Posters keep claiming that... and banks are not the only possibility. Besides, anyone running OPM has a fiduciary responsibility to its customers/investors. You need to PROVE you deserve a chance... and the institution shares the risk at least in reputation. So what do you expect... you turn $1,000 into $2,000 in 3 years and you want an institution to had you $Millions of customer funds to run? Ha!

But if you're not on Wall Street, didn't go to Wharton, and live in a one-horse town... what do you use to make a name for yourself?

Your personal retail account is about all you have to demonstrate ability. Once your performance is long and strong enough, you'll be accepted. (I know from which I speak.)
 
Quote from xflat2186:

Banks are notoriously tight and thorough in their evaluations of candidates. You wont get far walking in with a retail account.

You have a very conservative impression of banks.
 
Quote from gnome:

Posters keep claiming that. But if you're not on Wall Street, didn't go to Wharton, and live in a one-horse town... what do you use to make a name for yourself?

Your personal retail account is about all you have to demonstrate ability. Once your performance is long and strong enough, you'll be accepted. (I know from which I speak.)

What was the horse name? Now I know the saying 'straight from the horse's mouth':p
 
Quote from virtualmoney:

What was the horse name? Now I know the saying 'straight from the horse's mouth':p

Actually you are quoting the wrong end of the horse.


zvqtd1.jpg
 
Quote from virtualmoney:

What was the horse name? Now I know the saying 'straight from the horse's mouth':p

The one-horse town is Denver. But now that they've widened I-25, I guess you could think of us as a two-horse town.
 
Quote from Surdo:

Actually you are quoting the wrong end of the horse.


This horse looks ready for BACKTESTING
which is another hocus pocus way of
deluding newbies from real-world trading
by sending over-zealous fresh grads in circles
doing rubbish systems-testing.
 
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