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actually, it's entirely possible. i know of prop trading groups that have been around for ten years with only one or two down months. in dislocated markets, m
by andylei 17y ago
actually, it's entirely possible. i know of prop trading groups that have been around for ten years with only one or two down months.
in dislocated markets, making markets is actually relatively easy, so it's not that surprising that they usually don't lose money. they also have hundreds of traders. each one of them probably had many losing days, but in aggregate, they have good traders and systems, so they rarely have losing days now.
also, how do you know that it's impossible without insider information? what reason do you have to back up your claim?
- mynameishere 17y agothey also have hundreds of traders Most of this is from computers trading >billion shares per day.
- biznerd 17y agomonths, yes this is possible. But only one day, that comes to almost a perfect score. And no one else has a perfect score. GS has turned into a giant hedge fund. And their numbers are consistently better than any other fund or investor. Better than Warren Buffet or George Soros. They're impossibly good.