I can understand what you're saying. As you said in this market you can't be picky but then again i have heard places look down on answering with a lower salary just "to get the job" in the way you should know how much the position pays and not undercut yourself in business. I have always been...
thanks for you're replies guys. As you said he has no experience in this and one of the questions they want him to answer is the good old salary expectations. from a commodities house i know the average is normally between 35-40k, i just wasn't sure if it was the same at a fund.
Just a quick question I have been asked to check, regarding a trading assistant for a hedge fund what sort of salary would be the average amount that they would offer.
nice sarcasm but thats a bit of an ass hole way to act, fair enough it trading higher tf's work for you but there are plenty of people earning more money than your self trading the lower tf's infact i know bradley in the london office does and from what people have told me you are still pissing...
No problem, im always happy for people to give their thoughts on it. Its one of those things like anything in trading where its an endless conversation as there are so many different variables.
I totally agree but then you have just pure mathematical formula approaches which takes no decision or market opinions, infact several hedge funds who operate in the systematic approach will not be able to tell you views on the markets as they have none and just purely follow mathermatical...
Right now it is going to be more a indcator based strategy that i will be following basically pre set parameters that i myself trade on and the algorithm will be mimicking as if having a double of myself, eventually it will involve more complex ranging from arbitrage against cross exchange...
if you look at the volume now of trades done by algoirthms on exchanges such as liffe and eurex compared to self executed by humans you will see the vast majority is now algorithmic.
You have to remember although these algorithms are computer operated they still have researchers, developers and...
With all the talk of algorithms and systematic trading being soon to take over i have decided to fully test just how different the results of a systematic trading program is compared to execution from myself.
I have a friend who has created an algorithm to look for the exact same...