Tech Industry
2h
385
Can I afford all these stuff? Rate it for me
Personal Finance
7h
848
Thank you AAPL and NVDA
World Conflicts
12h
471
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
World Conflicts
10h
360
Why I Find Free Palestine Inspiring
AMA
Yesterday
1281
PM Manager, early 40s, married and ENM (Ethical Non Monogamous) AMA
These will die suddenly just like lehman brothers in 2008
This. Melvin capital literally bankrupted in 2021 when most companies were printing money for fun
These firms don’t take long-term directional bets, they’re capturing the “spread” as intermediaries. Completely different business model from a hedge fund like Melvin.
Lemme just join an HFT 🙄
HFTs mass hiring this year after having record years in 2020 and 2021.
They actually make money instead of losing it, or spending it on stupid shit that tech companies do. They also don’t employ that many people so they aren’t overpaying any employees that might need to be laid off
Facts
Hft don’t have thousands of brain dead useless “rotational PMs” they are money making machines and only take the best.
Someone should track this more in depth but thinking of it off the top my head the companies that have APM/RPM’s seem to be fairing much worse than the ones that don’t. Personally I’d fire any entry level PM if I saw a tiktok of them working from a hot tub like some Metamate APM’s have done
You mean to say, ‘not yet’
HFTs don’t follow the normal business cycles
don't they do better in a recession?
Can I go from normal tech to HFT? If so how?
Apply!
Seriously? Do I need to have C++ experience or any projects related to stock trading? Did you make a similar jump before without having any of those?
Based on my extremely limited knowledge, HFT firms make most money during times of high volatility. I reckon we are in one.