Goldman Sachs Trading Cash Machine and their ULTRA Proprietary Program Trading Profits Machine

(Last Updated On: June 18, 2014)

Goldman Sachs Trading Cash Machine and their ULTRA Proprietary Program Trading Profits Machine

Think of this:

90% profits of $13 billion in prop trading in 2012

75% of 2009 profit from trading (during the financial meltdown)

– See more at: https://quantlabs.net/blog/2014/06/goldman-sachs-trading-cash-machine-and-their-proprietary-program-trading-profits-machine/#sthash.Rvb3YzX7.dpuf

Man, there are those crazy numbers for their trading side. I think they do other 10% of proftable activity really is where most of their expenses reside. What a waste to have deadweight departments like M&A, credit, bank, tax, etc. I don’t they really need to do these while trading.

Don’t get me wrong, this is still an evil company as these news stories portray. All I am saying is that their trading is the most important division. This is all you should care about.

Imagine this? What happens if you were able to scale up your most profitable trading ideas. You know, in dozens of automated trading processes  in parallel? That would be potentially have profitable trading person on your desk. Is it possible? Of course!

–> LEARN HOW TO AUTOMATE YOUR WAY WITH TRADING NOW <—

Bryan

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
This entry was posted in Quant Analytics and tagged , , , , , , , on by .

About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs