Re:Day Trading for a Living?
by simtel20 on Wednesday September 11, 2019 @11:01PM
(#20947463)
> people seem to think "50/50 chance of beating the market" = 50% chance of generating 40% return on any given year
Yeah, quants like to coyly say they're figuring out where pennies might drop, and then they bring in leverage. Without the leverage, they'd be beating the market by less than a percent in so many cases.
Yeah, quants like to coyly say they're figuring out where pennies might drop, and then they bring in leverage. Without the leverage, they'd be beating the market by less than a percent in so many cases.