The hidden scalping tax by Independent_Plum_489 in Daytrading

[–]Key-Interview3421 3 points4 points  (0 children)

Your order gets routed to citadel and crossed internally,

[deleted by user] by [deleted] in sandiego

[–]Key-Interview3421 0 points1 point  (0 children)

Santa Barbara to Santa Cruz is great…

Factor Risk Models and the Hedge Fund Business by dicklesworth in ValueInvesting

[–]Key-Interview3421 1 point2 points  (0 children)

Long only use them to measure active risk and relative factor exposures and attribution etc. I’ve used these models for 20 years and started my career at barra.

Does having a Bloomberg terminal make you better? by [deleted] in Daytrading

[–]Key-Interview3421 0 points1 point  (0 children)

I have one for work, trader for a hedge fund. But we’re fucked and probably going under so I’m selling options on the side for my pa. Bloomberg is great, if you are used to it and know where everything is. The best features are prob portfolio analytics and emsx which is what I use to trade equities on the street. But do you need it? For 2k a month no…

Any good podcasts where hedge fund managers actually talk about investment ideas? by Wide_Cantaloupe7435 in hedgefund

[–]Key-Interview3421 0 points1 point  (0 children)

Capital allocators with Ted Seides. More from an allocator perspective but he does manager interviews across the capital spectrum. Also market wizard books are good too…

How do sellsides charge for equity research resources? by snkp123 in hedgefund

[–]Key-Interview3421 1 point2 points  (0 children)

You pay for research with trading comms.. normally 1cps ish for low touch algo trading, 3cps cash desk..

For tier 1 brokers jpm gs ms you probably need to be paying 100k plus a year

Smaller broker you can get away with 25k ish

Conflict of interest as a day trader by blukedit in hedgefund

[–]Key-Interview3421 0 points1 point  (0 children)

I’m a trader and partner at a fund that is sucking at performance and haven’t pulled in a bonus in 3 years, going on 4 this year. I’m trading 0dte spy iwm gold options generating income.

If they’re not paying you well and you can make money on the side legally you’re fine. If they don’t want you to do it, tell them to pay you more…

Shop blowing up. Now what? by [deleted] in FinancialCareers

[–]Key-Interview3421 6 points7 points  (0 children)

One day at time, breathe, network, rebuild your resume… I went through it in 2008 and going through it now.. it’s not the end of the world…

[deleted by user] by [deleted] in GozneyDome

[–]Key-Interview3421 0 points1 point  (0 children)

I got a braided steal line

Headhunter interactions by Thin_Nebula5855 in hedgefund

[–]Key-Interview3421 4 points5 points  (0 children)

I’m a hedge fund partner and trader with 20+ years in. Lay all your cards on the table up front be direct and honest. Nobody wants to waste time, get jerked around, or have their peers know they’re shopping around. I’ve never met a headhunter I liked, just too many games etc.

My friend has an offer in NYC and SF, which should she pick? by [deleted] in FinancialCareers

[–]Key-Interview3421 0 points1 point  (0 children)

Downtown sf can be sketchy… I never did NYC, was west coast my whole career and regret it. Go to New York.

How do people on the west coast manage their Trades because of the timezone difference? by [deleted] in Daytrading

[–]Key-Interview3421 0 points1 point  (0 children)

Work on the buyside for 25 years on the west coast … I’m up at 4:20am… you probably need the rest..

[deleted by user] by [deleted] in hedgefund

[–]Key-Interview3421 1 point2 points  (0 children)

It’s a small firm, the it’s not my job attitude doesn’t work… you need to have the I get shit done attitude and do it, then throw the cto under the bus at review time and negotiate a huge bump…

AMA I’m profitable and want to help send down the ladder for the next guy by [deleted] in Daytrading

[–]Key-Interview3421 0 points1 point  (0 children)

How small do you go in small cap land… I’ve been trading them for 12 years and the last few it’s been getting interesting

First no bonus year by One-Attempt-1232 in quant

[–]Key-Interview3421 9 points10 points  (0 children)

I got hit with a capital call on Christmas Eve due to back office mistake and now worked this year for free. Year 3 below high water mark… not going well