Re: Hi from a new trader
Look at Goldman Sachs profits. A lot more than 20%. All I am saying to you guys is, the professionals hire the brightest IT minds in the industry, get them to model systems you and I would never have a hope in modeling. They have the edge, and deserve respect when trading. If Goldman Sachs places a Buy order for 1000 S&P contracts, the market takes notice. What do they know that we don't know?
Some banks trade for their own account and some are more conservative with clients' capital, I agree. People like Goldman are much more aggressive.
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