They say that success leaves clues.

If that’s true, and I believe it is, more traders should pay attention to what Goldman Sachs’ trading desk does.

This is from their 2016 annual report.

29 trading days with a loss.

222 trading days with a gain.

19 of those posting DAILY gains in excess of $100 million.

I decided to dig a little deeper into their methodology and discovered that most of their trading is execution trading and/or market making.

So, that’s just marking up orders that clients – institutional and individual – call in.

Order taking.

But that’s not all of it.

And 222 days of #winning is pretty impressive.