Yep, it’s amazing how many people seem to get sucked in by the idea you can reliably make money as a solo/small trading operation.

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monkeydust 6 days ago | parent | next [-]

Yea incredibly hard to do so consistently. Those that do (the hedge funds) have the security of the ~2% fixed fee they earn to weather the periods when the returns are not there aka "others peoples money".

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TuringNYC 6 days ago | parent | prev | next [-]

>> Yep, it’s amazing how many people seem to get sucked in by the idea you can reliably make money as a solo/small trading operation.

You can right!? You can make beta. Sometimes the beta is negative. Hard to make alpha.

	▲	blitzar 6 days ago \| parent [-]
		Everyone that bought and held on the up movement this week is a legendary "Trader".

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gosub100 6 days ago | parent | prev [-]

You can if you have an enormous pile of cash. Then you can pat yourself on the back for making a few $k per month (which would only be a couple % apy) for acting like a quant when you could make the same amount in bonds.