hmmm... not quite... holding a registration doesnt make you trustworthy... you have no idea how many crooks have registrations and have run hedge funds and have been CTA's and stolen peoples money....however, holding a registration does make you a professional within the context of FINRA/NFA/CFTC/SEC.. and ensures that you have a very good and clear understanding of how markets functions, instruments, and regulations within the marketplace... also, for most exams you have to be sponsored by a member firm, which usually means some kind of financial services related firm and the registrant holding some sort of job within that firm that exposes him to the requirements for registration/licensing, which then makes you an institutional trader..
LMAO.. assuming that I understand your statement properly... given the economy and how things are and that there is no guarantee that one will have a job tomorrow.... I think you might have miss understood what I meant... I was referring to true arbitrage opportunities ... those are the only edges that one can exploit with no risk and what I personally consider no risk.. when no matter what the market does you are guaranteed your profit once you enter the trade.
I'd like to also remind everyone, there are a number of hedge fund managers right here on futures.io (formerly BMT). I am aware of them as admin of the site, maybe I see their email address, PayPal info if they are an Elite Member, etc. They simply don't post, from what I understand (as I've been told) there are legal reasons that prevent them or complicate things regarding posting, so they don't.
Point is, there are funds out there using some of the same techniques some of you use, just on a much broader scale. Unless you believe they are only here to learn what retail traders are doing so they can do the opposite.
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