b**********y
发帖数: 326 | 1 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
能拿多少。谢谢。 |
s*******s
发帖数: 1568 | 2 depends on your strategy, e.g., sharpe, maximum down, beta, colo or not. BTW
, your personal contribution is $30mm per year? That is very very impressive
, if you are doing prop trading.
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
b**********y
发帖数: 326 | 3 thanks. BTW, my contribution is $6mm.The $30mm is the allocation to my
strategies though they are quite scalable.
BTW
impressive
【在 s*******s 的大作中提到】
: depends on your strategy, e.g., sharpe, maximum down, beta, colo or not. BTW
: , your personal contribution is $30mm per year? That is very very impressive
: , if you are doing prop trading.
:
: ,
|
s*******s
发帖数: 1568 | 4 and also depends on years, 6mm should be easy to reach for US equity trading
for last year. For this year, you are one of the best consider your book
size:)
【在 b**********y 的大作中提到】
: thanks. BTW, my contribution is $6mm.The $30mm is the allocation to my
: strategies though they are quite scalable.
:
: BTW
: impressive
|
c*******y
发帖数: 1630 | 5 15%? 你没签contract吗？
如果是只用他们infrastructure的那种独立，那就90%？
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
D********n
发帖数: 978 | 6 http://www.mitbbs.com/article_t/Immigration/32449873.html
这得多牛的strategy才能有national interest啊。
这得多高的sharpe ratio才能办NIW啊。
崇拜！牛人!
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
b**********y
发帖数: 326 | 7 15% will be too high in HF considering they charge 20% of profit over high
watermark. Not mentioning other strategy groups could loss. If you mean prop
shops, then that is a different story.
【在 c*******y 的大作中提到】
: 15%? 你没签contract吗？
: 如果是只用他们infrastructure的那种独立，那就90%？
:
: ,
|
b**********y
发帖数: 326 | 8 在这儿说一下，我发这个贴是来问事和交流的。如有猎奇窥私之好者，麻烦出门右转上
594J公汽去军庄或水庄，那儿有大把大把的同好和你分享，好走不送。 |
D********n
发帖数: 978 | 9 你说的恰好是你自己。不是吗？
【在 b**********y 的大作中提到】
: 在这儿说一下，我发这个贴是来问事和交流的。如有猎奇窥私之好者，麻烦出门右转上
: 594J公汽去军庄或水庄，那儿有大把大把的同好和你分享，好走不送。
|
j******3
发帖数: 18319 | 10 厉害的mm。。
我估计能拿到 $500k to $750k吧。
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
|
|
r*******m
发帖数: 109 | 11 You can get up to 20% at hedge fund. But whether you can still make the same
profit at different environment is the question. A lot of HF has low
tolerance to loss.
prop
【在 b**********y 的大作中提到】
: 15% will be too high in HF considering they charge 20% of profit over high
: watermark. Not mentioning other strategy groups could loss. If you mean prop
: shops, then that is a different story.
|
b**********y
发帖数: 326 | 12 Sure, I agree that is the risk I am going to take. After observing the
performance of my strategies for the past few years, I have pretty good
understanding on that part. The missing part in my payout function is the
reward. I know the cut in prop desk but not sure about HF. Since the capital
source, fee structure etc. are quite different, I would assume they could
be quite different. Once I have a handful info from all sources, I can know
the payout and make the move. |
b**********y
发帖数: 326 | 13 As far as I know, that would be rare cases of getting 20%. I knew some
senior PMs in SAC had that kind of payout but I consider those are the
outliers in my samples.
same
【在 r*******m 的大作中提到】
: You can get up to 20% at hedge fund. But whether you can still make the same
: profit at different environment is the question. A lot of HF has low
: tolerance to loss.
:
: prop
|
d****i
发帖数: 23 | 14 so you made 6m out of 30m, that is about 20%. normally they pay 10-15%. so
you possible total comp will be 600k to 900k including base. Then they would
deduct the comp from the cost, that shall be at least 200k. so you would
expect 400k to 700k.
capital
know
【在 b**********y 的大作中提到】
: Sure, I agree that is the risk I am going to take. After observing the
: performance of my strategies for the past few years, I have pretty good
: understanding on that part. The missing part in my payout function is the
: reward. I know the cut in prop desk but not sure about HF. Since the capital
: source, fee structure etc. are quite different, I would assume they could
: be quite different. Once I have a handful info from all sources, I can know
: the payout and make the move.
|
o********n
发帖数: 100 | 15 可以诚恳请教一下mm平常读些什么资料，怎么培养开发策略能力的吗？ |
e*****s
发帖数: 27 | 16 很厉害的MM。我也很期望能操盘大资金。
本人是工科PH.D出身，业余做Forex Trading 两年。感觉对投机/投资有所心得。已成
型策略适合大多数交易市场。在外汇市场已取得连续15个月成功。现求教如何进入金融
领域及一般基金公司要求的最高浮亏限制。多谢。
均为自有资金，具体资金添加及月交易利润/损失如下（最高暂时亏损25%，可调整策略
降低暂时亏损至15-20%以内，利润额或许会随之比例降低）：
Forex.com account:
starting fund Vs profit (USD)
2011-05 1263 +97 or 7.68% fund top up $2170
2011-06 3530 +298 or 8.44%
2011-07 3828 +257 or 6.71% fund top up $1000
2011-08 5087 +848 or 16.67%
2011-09 5936 +167 or 2.81%
2011-10 6106 +169 or 2.76%
2011-11 6275 +454 or 7.23%
2011-12 6729 +334 or 4.96%
2012-01 7066 +98 or 1.38% fund top up $34000
2012-02 41170 +6456 or 15.68%
2012-03 47626 +925 or 1.94% fund top up $10490
2012-04 59041 +1309 or 2.21%
2012-05 60352 +4261 or 7.06% (+2943 deposit bonus)
2012-06 67556 +2129 or 3.15%
2012-07 69685 +2940 or 4.2% by 29-July
15 months cumulative profit: USD 20735 +2943(deposit bonus), Total fund
invested $46261。 15 months cumulative profit ratio if fund fix: 143%
Oanda account:
starting fund Vs profit (USD)
2011-05 6927 +209 or 3.01%
2011-06 7147 +211 or 2.95%
2011-07 7358 +260 or 3.53%
2011-08 7620 -128 or -1.68%
2011-09 7492 +572 or 7.63%
2011-10 8065 +207 or 2.56%
2011-11 8273 +491 or 5.93%
2011-12 8765 +320 or 3.65%
Fund withdrawal and transfer to Forex.com account.
Fund deposit 14000 SGD
2012-01 14000 +649 or 4.63%
2012-02 14649 -567 or -3.87%
2012-03 14071 +231 or 1.64%
2012-04 14303 +126 or 0.88%
2012-05 14431 +668 or 4.63%
2012-06 15100 +202 or 1.33%
2012-07 15302 +215 or 1.4%
操作上前期较侧重Oanda帐户，后期侧重Forex.com帐户
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
G*****3
发帖数: 71 | 17 Depends on what kind of company you are talking about here. For the HF, I
dont think 6 million a year is enough. There You need to be able to make 50-
100 million a year before things get interesting, but you dont need to have
a high sharpe.
However, if you work for a prop shop, 6 million is actually a very
attractive number when you have a decent sharpe. In term of the payout ratio
, I would say just above 10% if you have a sharpe of 3 or 4. And 20%-30% if
you can get a sharpe of 4 to 10. |
J*****n
发帖数: 4859 | 18
50-
have
ratio
if
ｔｒａｄｉｎｇ ｆｉｒｍ现在给这么少了？
我记得我２００６年的时候，参加过一个Ｆｌｏｏｒ ｔｒａｄｅｒ组的ｐｒｏｐ ｔ
ｒａｄｉｎｇ ｆｉｒｍ的ｔｒａｉｎｅｅ ｐｒｏｇｒａｍ．后来因为身份问题而放
弃。那些Ｔｒａｄｅｒｓ跟我说，他们的分成是对半，那时候看文章上说很多公司的分
成都是对半。
【在 G*****3 的大作中提到】
: Depends on what kind of company you are talking about here. For the HF, I
: dont think 6 million a year is enough. There You need to be able to make 50-
: 100 million a year before things get interesting, but you dont need to have
: a high sharpe.
: However, if you work for a prop shop, 6 million is actually a very
: attractive number when you have a decent sharpe. In term of the payout ratio
: , I would say just above 10% if you have a sharpe of 3 or 4. And 20%-30% if
: you can get a sharpe of 4 to 10.
|
G*****3
发帖数: 71 | 19 Well, since this a Quant board, I am assuming everyone is talking about
systematic trading here. It is not uncommon, for floor and manual traders to
be paid 50%. One of my friends used to have a deal of 60% payout. But again
, these guys sharpe are really impressive. I know a guy who come up with
sharpe of more than 9 for the last 5 years. |
p********n
发帖数: 1707 | 20 did you have any insight of what he was doing to get such high sharpe?
to
again
【在 G*****3 的大作中提到】
: Well, since this a Quant board, I am assuming everyone is talking about
: systematic trading here. It is not uncommon, for floor and manual traders to
: be paid 50%. One of my friends used to have a deal of 60% payout. But again
: , these guys sharpe are really impressive. I know a guy who come up with
: sharpe of more than 9 for the last 5 years.
|
|
|
c**v
发帖数: 55 | 21 如果对公司平台依赖不大的话，一般是15%。
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
c**v
发帖数: 55 | 22 我很好奇这位大神的名字和他管理的资金量。
CTC最近五年sharpe 2.81，已经算是华尔街顶级的了。
to
again
【在 G*****3 的大作中提到】
: Well, since this a Quant board, I am assuming everyone is talking about
: systematic trading here. It is not uncommon, for floor and manual traders to
: be paid 50%. One of my friends used to have a deal of 60% payout. But again
: , these guys sharpe are really impressive. I know a guy who come up with
: sharpe of more than 9 for the last 5 years.
|
b**********y
发帖数: 326 | 23 You are talking about fund level SR however I think he meant some desks or
groups who make the markets. I have seen high sharpe like 10ish in option
market making. Again, those strategies in general have capacity issue so you
can not compare them with the ones from large funds. |
G*****3
发帖数: 71 | 24 These guys are all small manual and floor traders. They typical make
anywhere between 1 to 10 million a year. With hedge fund, obviously the
sharpe is a lot lower, but with way bigger capacity. Prop group and hedge
fund are completely different business model. It doesnt even make sense to
compare them... |
w********j
发帖数: 133 | 25
【在 D********n 的大作中提到】
: http://www.mitbbs.com/article_t/Immigration/32449873.html
: 这得多牛的strategy才能有national interest啊。
: 这得多高的sharpe ratio才能办NIW啊。
: 崇拜！牛人!
:
: ,
|
w********j
发帖数: 133 | 26 哈哈哈 作trading做到national interest national security这是什么样的境界 wtf
【在 D********n 的大作中提到】
: http://www.mitbbs.com/article_t/Immigration/32449873.html
: 这得多牛的strategy才能有national interest啊。
: 这得多高的sharpe ratio才能办NIW啊。
: 崇拜！牛人!
:
: ,
|
p****u
发帖数: 2596 | 27 单独run一般１０－12％把？！
不过单独run你可能就赚不到５m把？大book应该crossover掉很多cost的啊.
,
【在 b**********y 的大作中提到】
: 现在run的是$30mm,不过是在一个大book里，所以没有cut。想知道如果作为独立的PM,
: 能拿多少。谢谢。
|
J*****n
发帖数: 4859 | 28
可笑的家伙，看到别人赚钱，就说酸话。
就没见过你这么loser的。
【在 p****u 的大作中提到】
: 单独run一般１０－12％把？！
: 不过单独run你可能就赚不到５m把？大book应该crossover掉很多cost的啊.
:
: ,
|
