Q&A: BB Rates prop trader
i trade 10yr-30yr interest rates....all prop...no market making...medium frequency (average trade duration lasts less than 8 hours...typically more like 2-4 hours...occasionally measured in minutes...but that is very rare).
been doing this a long time, and have honed my craft into a narrow set of activity.
in the past i would be doing many trades per day, on avg...but recently its more like 1-2 trades (open to close) per day...sometimes nothing
i started out as a desk strat / software developer...mostly doing RV work...eventually got a chance to be a market maker trader...and then when i learned enough to make money prop trading i made the jump