Hacker News new | ask | show | jobs
by pembrook 2477 days ago
Sigh. Here's the truth, everybody knows a guy at work who claims they make money "day trading."

If you know more than 1 person who beats the market consistently by trading, you should open a fund-of-funds and start investing institutional money, ASAP. The Harvard endowment would love to speak with you.

1 comments

This is absurd. You don't know my friends, and you say they are lying?

Daytrading for a single account and managing a multi-billion dollar fund are completely different strategies and need completely different skillsets. You should educate yourself before talking authoritatively on subjects you don't know very much about.