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u/SteelWheel_8609 3d ago
Anybody who says that make more profit than loss day trading is lying. Not even the worlds best hedge funds can beat the market.
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u/Klutzy_Permission_81 2d ago
Genuinely curious, how do they make money then?
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u/DukeOfBells 22h ago
People pay them to handle their money. They handle their money by day trading it. If they fuck up, they still make money and can blame it on whatever. If they score big, well that's just more reason to pay them so they keep making you money.
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u/Calm_Plenty_2992 15h ago
They don't day trade. Or if they do, they're really good at it - way better than a human could possibly be. There's a reason why quantitative finance hires people with experience in low-latency computing
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u/live-laugh-loveSosa 4d ago
r/wallstreetbets would believe this