078: Jack Schwager – The Making of Market Wizards, and Wisdom From Elite Traders
Chat With Traders
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How to Get Funding for a Trader
We're dealing unlike most databases out there, the vast majority, we're dealing with daily data. That means that traders can't hide bad performance like they could in monthly data. So you get the ability to see, it's like a microscope. It's much more reliable and meaningful. And so you don't need as long to do. If you're doing analysis, performance evaluation that is based on daily data, then that type of feedback can tell you meaningfully that a trader is doing has a real edge.
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