Failure Q&A

Hi have been using this site with different ID's for the last 3 years and have been trading for the last 5 years.

I have failed at this, I dropped out of high school to trade futures then blew up multiple accounts due to over-leveraging and revenge trading.

Because I had started my own fund to raise cash, BTW that failed too.  I learned how to setup funds and structures, taxation and regulation. I tried doing that and have been trying for the last 2 years and failed at getting more than 1 client. The one I sold the initial fund to.

Please ask your questions.


And WSO DON'T YOU DARE DELETE MY ACCOUNT THIS TIME. :-) friendly request

 
Most Helpful

why do you keep trying to do something that you have no experience doing?

starting a fund is something you can do AFTER working for a firm in a similar businesss, where you had some success.  A successful bank trader or investment banker can try to start a fund...under the premise that they have a repeatable process to make money from the markets, and they demonstrated this at their prior engagement..

The hard part of starting a fund is not creating the LLP and LLC and getting registrations.....the hard part is 

1) having a repeatable process to make money from the markets that performs regardless of market regime, and a track record where you did this for somebody else.

2) having people with big $$ willing to invest with you.

it only makes sense to start a fund AFTER you have those 2 things....but you don't seem interested in trying to do that....and THAT is why you fail.

just google it...you're welcome
 

Sunt modi consequuntur et odio velit quibusdam. Maxime consequatur et inventore minima placeat est facere. Earum voluptatem et necessitatibus voluptatem suscipit. Alias possimus non quod tempore sit. Eius eligendi sit quo omnis animi et labore.

Voluptatum optio id harum omnis ut consequatur. Voluptatem aut aut consequatur molestias repellendus sequi et. Ad nesciunt aperiam quo et perferendis aut dolores.

Incidunt et dolorem culpa laudantium. Explicabo aut non ipsum dignissimos consequatur maxime. Aperiam ullam praesentium maxime vel ex dicta. Assumenda officiis amet fugiat consectetur praesentium in.

Career Advancement Opportunities

March 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Magnetar Capital 96.8%
  • Citadel Investment Group 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

March 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

March 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

March 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”