Which path should i take?

This is a discussion on Which path should i take? within the First Steps forums, part of the Reception category; Originally Posted by jamiea9907 In that time i have done work experience and am in frequent contact with a hedge ...

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Old Feb 4, 2012, 2:35am   #8
Joined Sep 2010
Re: Which path should i take?

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Originally Posted by jamiea9907 View Post

In that time i have done work experience and am in frequent contact with a hedge fund manager, and am in frequent contact and have done work experience with the boss at a trading firm.


I've been lucky enough to get a 6 week "post graduate course" during my summer holidays (No sun for me) with a trading firm, and able to complete the 3 month post grad course the following summer holidays, and by which time i could possibly be employed there.
Also i have been promised links to the city by the hedge fund manager i know.
In the past, I would usually have agreed with the other posters here about obtaining a University degree and then looking for a trading position.
However, the exponential growth in the number of unemployed University graduates throughout Europe and the UK has changed my mind over the last 4-5 years.

It appears that you have good contacts in the industry (for a 17 year old) and you have a passion for the industry.
I would recommend that you do the course with the trading firm (and I am assuming that it is a legitimate trading firm, not some dodgy "training" academy). Then take up their offer of a job. And use the benefits of having a contact in the Hedge Funds industry to widen your contacts.
In this business it is 99% who you know, not what you know.
(Because who you know will determine whether you are shown the right way).

If it all goes to shot, you can always go back to University with a more mature outlook and get a degree.
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Old Feb 12, 2012, 5:09am   #9
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Re: Which path should i take?

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Originally Posted by jamiea9907 View Post
Hi I'm a 17 year old looking for the best path to becoming a trader!
So what did you decide to do?
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Old Jul 11, 2012, 2:47pm   #10
 
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Re: Which path should i take?

jamiea9907 started this thread Thank you for the replies everyone - some really good advice.
When i have decided what I am to do (something still being contenplated for the next year), I will let you know.
However I have been warned of the job security in small trading firms by a teacher at my school who used to be a trader for Bank of America, he knows people who have started up trading firms, been successful, flogged them and then seen them go down the pan!
Is this a big thing to be wary of? And does anyone else have any advice on small trading firms?
Thanks
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