who else on 2+2 trades professionally?

[Officer Farva]

I'm a quant/systems analyst at a global long short fund. I don't trade yet (have to take the series) but I do build tradable models. We operate on information arbitrage, taking advantage of slow market reaction to correlated events. We were flat during the summer (all of the euopeans go on "holiday"), but have had a great September, posting a %5 return and bringing us above 10 YTD, which is important as we just "got big" .

I crave action in my life and hence my affection for poker. I can't wait till I can get my fix through trading. Until then, I spend much of my day fantasizing about the 600NL I'll play when work ends. This is bad because I have an unusually great opportunity (I came here straight from undergrad), and I often don't apply myself as much as I should.

I often wonder what would happen I if were to pursue poker full-time. I am fairly certain that my short term life would improve. Instead of working 5am-5pm, Id work 5pm-5am. Instead of passing out at 9 when my friends were heading out to the bars, I'd be the one beraiding them for having to go home. Instead of building models, I'd by dragging pots. Instead of Excel, Pokertracker.

But in the long term, its not even a choice. I've got to stick to the more "legitimate" form of gambling.

[eastbay]

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I'm actually on the Amex. I may describe a typical day in a later post.

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I'd be interested to hear about it as well.

eastbay

[Paluka]

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I'm actually on the Amex. I may describe a typical day in a later post.

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I'd be interested to hear about it as well.

eastbay

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In general, the lives of the options market makers that work on the floor are all the same regardless of who you work for. There are various "crowds" or "pits" where particular products trade. In many cases, there is no rhyme or reason to how these are grouped. In my crowd you can trade F, YHOO, S, SNDK, and a wide variety of other equity options. Physically, the crowds look like a bar, with some dudes with computers on one side where bartdenders would be, and other dudes on the other side where the drunks would be. Everyone has a computer, or usually more than one. Brokers come in and out of the crowd with customer orders, and market makers make markets for them (obviously). There are also posted electronic markets, which are normally disseminated by a "specialist". Most small trades are done through the electronic system rather than with brokers. This goes on all day.

This is one of the major reasons I left the fund I was employed at to trade my own account. Much more personal freedom.

yep, nothing like going to the beach when the day is slow [img]/images/graemlins/smile.gif[/img], instead of sitting there waiting to clock out

[Sniper]

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yep, nothing like trading from the beach and playing some poker on your wireless laptop when the day is slow , instead of sitting in a dull grey cubicle waiting to clock out

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FYP

[guardianx]

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Hi hap,

I day trade stocks and options and have dabbled in forex, futures and commodities. Mentor a few others traders and Op a few IRC rooms on a dedicated financial IRC network, where I am in contact with thousands of other traders thru out the day.

I went pro as a trader a few years ago after leaving a long term (7 year - 6 figure) consulting assignment managing technology projects for a major investment bank.

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what irc channel/ server i would like to join and hang around and see if i can pick up a thing or two

[Sniper]

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what irc channel/ server i would like to join and hang around and see if i can pick up a thing or two

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mentioned that the IRC network is Othernet earlier in the thread. If you stop by, look me up.