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144: Tim Steenstrup – Learn an Arbitrage Strategy Used by Professional Stock Traders

Chat With Traders

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How to Be a Successful Proprietary Trader

I got a job at Efero called, which is one of the larger proprietary trading firms probably in the world. And I was part of a, it was quite a big hedge fund. It became a billion dollar fund after a while. But I was not really a decision maker there. So when you're at a prop firm, you can't do that. You have to manage risk much more quickly. Proprietary firms really don't allow losses to continue for long.

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