2+2 Candidate HF curious with some concerns

Following

Bump

Following

1. You haven’t lost any “trading muscle” as an undergad with IB/PE background, you never had one to begin with
2. You don’t need to be following the markets 24/7, nor do you need to read every line of the Ks and Qs… work smart, not hard. Smart analysts know what to spend time on vs what’s going to lead you down a rabbit hole. That’s skill, not luck. That’s said, you do need to enjoy your work, you need to be excited to learn and read (a lot)… without that you won’t survive long.
3. Luck matters… but if you’re a skilled analyst, you reduce your reliance on luck for favorable outcomes on your trades
4. Being “unlucky” on a trade is 90% of the time a cope out for not doing the right work
5. A great PM knows how to manage risk and build a team that can run a tight process… that’s not luck, that’s skill. That‘s a team you want to join.. the opportunity to join such a seat though… requires skills but is mostly luck

Major lol at “lost the trading muscle” from undergrad. Someone took their PreStIgiOUs investment club a wee bit too seriously. You’ll be fine, kid. Just read these forums on how to find and vet a good PM instead of randomly joining 1 of 6969 failing pods bc it was the first/only offer you got

Go out and buy a bar. Train yourself to know when the bar will be beaten and when it will be missed. This is the secret to alpha generation.