Recent content by KnifeEdge

btw I think we should stop hijacking this thread, if you wanna talk more add me on msn (pm me for my email). I would be interested in talking more about what your experience has been in regards to this as well as share my pov and what I've seen trying to break into this field.

I'm basically in same boat as you man, just that I'm from Canada. Look, if there's one piece of advice that I can give you, is be realistic and trust yourself. Don't give a **** about what your family or friends think if you are sure this is something you want and its worth the sacrifice. I...

apparently neither am I, I've never gotten past the HR interviews for any of the graduate analyst programs at any major ibank but I don't let it phase me. If you're really serious about getting into trading, it really doesnt matter whether you get in an ibank or prop firm, if you're actually...

The way I see it, the ibank stream (if you can get in) vs prop firm (respectable firms like optiver, imc, etc.) really makes no difference if you're REALLY REALLY confident that you want to do trading and nothing else. From what you're doing in terms of work I'd say the prop firm way gets you in...

I am not speaking from experience but at least from what I've heard and just basic common sense, you ain't gonna be profitable for a good deal if not ALL of your first year trading. So for a prop firm where a sizable chunk of your income is derived from performance vs at an IBank where you get...

Depends if you're good, but more than IB trading analyst in your first year ? Id say hell no.

Skill, did any of your friends ever get back to you ?

thanks for the info noobtrader, that was actually higher than i expected but its a data point either way

shawn I know it its very common that a large percentage of compensation is derived from performance based bonus' but firms like IMC, optiver, and all options do pay a fixed salary in addition to this if anyone has experience with these firms or know individuals who do can you please share any...

Anyone else got any information in regards to this ? Could really use the help guys.

Haha, I'll remember that.

Being a trader can land you an FHM girl !?!?! Lol Haha I'd be lying if I said i wasn't motivated by money (and aforementioned girls and Ferraris). But I'm also realistic enough to know that not everyone who gets into the business becomes a millionaire and that for the most part it requires a...

Yeah, that's just my extrapolation from what I know to people have gotten in trading roles at big investment banks in Hong Kong in the past 3-5 years. A friend of mine gets 60k USD b4tax in the banking side which I know to pay pretty similar to the trading side at grad analyst levels. I don't...

Thanks in advance for your help man, appreciate it.

ok... any productive comments ?