Originally Posted by drgoodvibe

If you are a good trader, even say 100 pips a month on average trader you don't even have to go and join a prop desk. You can easily start a hedge fund and investors will pour millions of dollars into it. So then, again you trade someone else's money without having to work under the rules and regulations of a prop desk.

Note that as a prop desk trader you are an employee while as a hedge fund principal / director you are the owner. Both result in trading other peoples money so there is little risk there. However there are huge differences in taxation as well as the way you are treated..

Originally Posted by jjk2

so no one with actual experience?

Originally Posted by philt

Theres not one person on here that could start a hedge fund..