Track Record

darthtrader · March 21st, 2006, 7:39 pm

Hi All,If a trader was hypothetically looking to move on from their current firm to pastures new, how long of a track record would they need to have in order to legitimately start looking around?Thanks in advance for all replies!

TraderJoe · March 21st, 2006, 10:52 pm

QuoteOriginally posted by: darthtraderHi All,If a trader was hypothetically looking to move on from their current firm to pastures new, how long of a track record would they need to have in order to legitimately start looking around?Thanks in advance for all replies!Just in time to collect his/her bonus .

JohnJackson · March 22nd, 2006, 7:44 am

Depends, what do you trade?

darthtrader80 · March 22nd, 2006, 10:11 am

Sorry for the slight change of username, having some login issues...I trade equities.

JohnJackson · March 22nd, 2006, 1:44 pm

Quantitatively (model driven/systematic) or discretionary?If quantitatively, are your strategies high frequency/intra day in nature or more medium to longer term forcasting?

darthtrader · March 22nd, 2006, 2:36 pm

There is a discretionary element to what I do but we do use various quantitative criteria to pick out stocks. I am at liberty to not trade stocks our systems generate and if I do trade them, sizing is up to me. I can also put on trades the prop system doesn't like if I think I can make money out of them.Holding periods vary, could be a few days, could be a few months.

JohnJackson · March 22nd, 2006, 3:13 pm

Final questions then and I'll be able to give you an informed answer:(removed)-----------

darthtrader · March 22nd, 2006, 3:27 pm

Is there any way that you could turn on your PM function?I would prefer not to give out the information over a public forum if possible.

JohnJackson · March 22nd, 2006, 4:09 pm

Sure, I understand where you're coming from. I think the PM is on but might be best to drop me an e-mail at jj.wilmott@gmail.com