How Do I get a Job Trading?

This is a discussion on How Do I get a Job Trading? within the New to Trade2Win forums, part of the Reception category; Originally Posted by swedendenmark Hello, Is it true that prop firms only employ trainee in their early twenties? If not, ...

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Old Jul 20, 2008, 10:20pm   #25
 
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Quote:
Originally Posted by swedendenmark View Post
Hello,
Is it true that prop firms only employ trainee in their early twenties? If not, then how big is age a factor?
Thanks
Age is not a factor in the slightest. I'm 29 and by no means the oldest at my firm.
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Last edited by timsk; Oct 4, 2010 at 1:18pm. Reason: Corrected misleading typo
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Old Aug 12, 2008, 3:14am   #26
Joined Jul 2008
from what I have experienced...university degree in maths or finance, and a good network. I started my network working at a starbucks, landed me my first job published in the local paper doing daily market reports, spent a week on a medium sized forex hedge fund observing how they operate, now preparing for mathematics and economics undergrad. My blog directed at this sort of thing. Ive Blown up my equity account...It didn't differ me from fighting towards my end goal. Blowing up my account only increased my hunger for financial markets. I started reading everything I could on hedge funds, Quantitative Finance, started teaching myself calc. just to get through the book. Began trading Forex Demo, profitable. Tried Options trading, mixed results. Scalping Emini S&p 500 futures...will let you guys know tomorow
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Last edited by Phoenix669; Aug 12, 2008 at 3:23am.
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Old Jun 30, 2010, 8:29am   #27
Joined Mar 2007
Re: How do I get a job trading?

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Originally Posted by Anton Tsyndrin View Post
hello! in IFCmarkets you can start trading with 1 $, there you can also find support in different languages and many advantages for the clients. If you are interested please visit http://www.ifcmarkets.com/en/terms/03/

Also you can start a real job: http://www.ifcmarkets.com/en/partnership/
Antosha ! the poor guy has asked how to get a trading job so you direct him to your spread betting company to open a $1 dollar account lol.........very good advice I dont think.....mudak!

My advice is try getting a broking job with a top tier institution, first learn the ropes see the clients that you work with trade for themselves and then if you find after getting some real market knowledge that trading is for you then at least you would have something to put on your CV and you can try to aply for trading position vacancies or if you are really confident then open a small trading account and see if its for you.
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Old Nov 28, 2010, 2:42pm   #28
 
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Re: How Do I get a Job Trading?

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Originally Posted by russianking View Post
Is going to a top unversity absolutly required to get a job at a prop firm or eventually a hedge fund? Im ot looking to work at GS or anything prestigious like that just a firm that i can gain experience and further my career so one day ill be rich and retired from trading. I have the passionand drive but im going to an average university. Maybe ican get into an ivy MFE program andbecome a quant or something though.
Advice for getting a job in trading
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Last edited by timsk; Jan 4, 2011 at 1:07pm.
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Old Dec 31, 2010, 6:24pm   #29
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How Do I get a Job Trading?

I think it's down to personality and connections alot more than anything else. If you're good with numbers and get on well. I would recommend applying for any jobs closely linked to traders like trade support. If you're good and get on well with the traders personally and just volunteer to deal with any "work" related issues they have, you will get recognised quickly. It also helps to be very social. It really depends on the age of the traders how far you can get this way. If they are your age, they won't be interested in what you have to say. Get involved in the banter on the desk and show you can take **** and give it back. They are looking for someone like themselves. I see alot of guys working in trade support, who have the opportunity to make it on the desk, but either have no interest or don't know how to go about it. Be good at what you do and offer to help in anyway.

You can learn alot about trading working in trade support. You can learn how to use all the systems before being thrown into the deep end. You can learn boundaries for mistakes, which i think is very important. I've seen some guys go straight to the trading desk and screw up and start crying when they've lost just a few k on a mistake because they think they will lose their job. It also helps to learn how to sweep it under the carpet. One other important thing is that by working in trade support, you also build up relationships with the clients, which makes the transition easier when moving over to the trading desk. Most clients are just like you and me sitting the other side. Being friendly with them and acting like you make 2million dollars a year helps.

Last edited by timsk; Feb 1, 2011 at 9:03pm. Reason: Housekeeping
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Old Dec 31, 2010, 9:05pm   #30
 
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Re: How Do I get a Job Trading?

Sounds more like a Sales job than a trading position

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Originally Posted by brettus View Post
You can learn alot about trading working in trade support. You can learn how to use all the systems before being thrown into the deep end. You can learn boundaries for mistakes, which i think is very important. I've seen some guys go straight to the trading desk and screw up and start crying when they've lost just a few k on a mistake because they think they will lose their job. It also helps to learn how to sweep it under the carpet. One other important thing is that by working in trade support, you also build up relationships with the clients, which makes the transition easier when moving over to the trading desk. Most clients are just like you and me sitting the other side. Being friendly with them and acting like you make 2million dollars a year helps.
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Old Dec 31, 2010, 9:23pm   #31
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Re: How Do I get a Job Trading?

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Originally Posted by spreader_legger View Post
Sounds more like a Sales job than a trading position
I guess it depends where you work. In a bank, dealing with the clients is more a sales position. There's a few salestraders out there. Sales is just as good as trading where i work. Salespeople are more likely to go onto the roles such as CEO. Traders deal with the clients where i work. The sales people don't shout over the orders.
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Old Dec 31, 2010, 9:46pm   #32
 
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Re: How Do I get a Job Trading?

Stands to reason really.

Got to be a good negotiator to be a CEO. But I suspect its who rather than what you know

Quote:
Originally Posted by brettus View Post
I guess it depends where you work. In a bank, dealing with the clients is more a sales position. There's a few salestraders out there. Sales is just as good as trading where i work. Salespeople are more likely to go onto the roles such as CEO. Traders deal with the clients where i work. The sales people don't shout over the orders.
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