Hacker News new | ask | show | jobs
by calabin 2224 days ago
Yea, I've spent time in a prop shop and the hours were incredibly decent. A lot of people checking in an hour before the open and checking out a bit after the close. In a lot of cases coming in for the open, seeing what's what, then hitting the golf course.

Prop shops seem to have a pretty strong understanding of ROI in all things, including time spent, so if your killer strategy just doesn't have a ton to act on today go take an hour lunch and head home or wherever. The place I was at was known as an "arcade" or a bunch of unrelated strategies from various teams that happened to work out, so maybe it's different other places, but I can say for certain that I've done 90 minute lunches off site with senior traders in the middle of the trading day just because the volume in their primary product(s) was mostly just interns throwing 1 lots at one another.