Re: Finally - A Real World Perspective
Actually, 2x equity turnover for a day trader would be considered very low.
Consider that a Day Trader can have positions up to 4x equity at any given moment and turn that over several times a day.
However, he didn't classify himself as a day trader (which it sounds like he is), he stated he was a hedge fund. Turning over 2x equity every day would be a bit unusual for a hedge fund, unless he's day trading around core positions.
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