This is a misconception

There are two types of 专业 选手

1: proprietary --- meaning they use their own money, instead of mangaing other peple's money. Great examples here are Jane Street, HRT, and Citadel Security

2: Hedge fund/client capital --- meaning they manage client's money and most of time paid by a perctange of profit

The return from #1 above "far" outpace the average retail individual investors by a huge margin.

所有跟帖： 

• 不是业余平均比专业平均，我惊讶的是业余的可以赢专业的 -QQQ2074- ♂ (149 bytes) () 11/09/2025 postreply 19:51:36

• if you ever worked in client capital, u will know why :) -三心三意- ♂ (0 bytes) () 11/09/2025 postreply 20:16:01

• Great point! Again, the incentive structure plays a huge -晓炎- ♀ (18 bytes) () 11/09/2025 postreply 19:51:54

• 就是出卖客户利益，换取自己利益？ ：） -QQQ2074- ♂ (0 bytes) () 11/09/2025 postreply 19:54:51

• 如果incentive structure 设置的对clients 不利，你以为呢？人性是经不住考验的 -晓炎- ♀ (167 bytes) () 11/09/2025 postreply 19:58:07

• 常见的hedge funds 2+20 明显对客户不利 -QQQ2074- ♂ (0 bytes) () 11/09/2025 postreply 19:59:39

• 对的！That’s why setting up a mutually beneficial -晓炎- ♀ (76 bytes) () 11/09/2025 postreply 20:00:25