I think you know the answer - it's just too long ago to be relevant, and it actually appears a bit pathetic......EQ

QuoteOriginally posted by: diogenesI think that your time constraint might be satisfied at some energy and utility firms.Nice first post diogenes. Those of us that work(ed) at energy firms will try not to be too offended.......EQ

<t>QuoteOriginally posted by: KzooIt is annoying that irrelevant U.S. politicians are so stupid to create so much unecessary regulation (good for London).To say it can't get huge seems pessimistic since wars occur over energy. And, since being "Green" is gaining so momentum in corporate America, gro...

<t>QuoteOriginally posted by: u418936QuoteOriginally posted by: EnergyQuantI think what people are trying to say is pretty simple. Trading is not a zero sum game if the loser cannot pay. This is called credit risk. In OTC markets, we spend a lot of time trying to minimize it.EQWhat's this "credit ri...

I think what people are trying to say is pretty simple. Trading is not a zero sum game if the loser cannot pay. This is called credit risk. In OTC markets, we spend a lot of time trying to minimize it.EQ

<t>Oh, for fuck's sake - with the exception of some very specific cases, if you are short theta you are long gamma, and vice-versa.If you don't like your theta position, buy or sell some options. It will change, I promise you.Buy a book - actually don't, but do come and trade options in my market.EQ...

<t>QuoteOriginally posted by: PanniniHow is he doing it? From what I've heard, it's a lot of leveraged beta.Sorry, but IMHO there is no such thing as "beta" returns in a market like natty gas. Or, to put it another way, any index tracker in the gas markets would get killed very quickly.These guys ar...

<r>KackToodles : "I'm going to solve Pi to one trillion decimal places"Professor : "Wow, could you describe your algorithm"KackToodles : "Even better, I'll demonstrate....."KackToodles reaches over and opens up <URL url="http://www.wilmott.com">www.wilmott.com</URL> on the nearest computer. Goes to ...

Edit : first version was too harsh

<r>QuoteOriginally posted by: bouncerI think it comes down to that. 5-10 percent. Certainly not more.Not my market, but I'll still give my uninformed opinion ;-)Sounds like the seat you sit in is worth a decent proportion of your P&L. In that case, if you are earning anything like the mid-point ...

<t>One thing the markets have taught me - use your competitive advantage where it is greatest. In your case, you could be a mediocre quant for 5 years, or a salesman/structurer who has a better education than most of his/her contemporaries. To me, it seems a pretty obvious choice.As also noted - tha...

<t>N - "most trading is done with computers". Volume of trades - yes, I would possibly agree, due to the rise in algorithmic trading and more efficient order matching.The idea that there are less traders today than there were in the late 90's - sorry, I disagree. The markets seem bigger and more imp...

<t>788 posts, and you ask this question?????It's pretty simple - a good quant will learn more about the weaknesses in his/her model by sitting at the desk and seeing the way the traders use (and abuse) the model. A good trader will be willing to trade new models quickly IF they have seen inside the ...

My friend - a bit of advice based on your posts here.I don't think you have the risk tolerance to be a good trader. It seems you want somebody else (perhaps Dominic) to make the decision for you. That is NOT a good character trait for a trader.Best of luck with your decision.EQ

<t>I've recently changed job, and am now trading on a desk where the guys are a bit "old school" and Excel is the standard, rather than Matlab.It's been a real test, because they can all understand a spreadsheet and some VBA code, but they just throw their hands up when you try and encourage them to...