Advice for getting a job in trading
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blancspa
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cyrustajik
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thats why you should study engineering before going to trading world!! they force feed you this sort of crap at university day bloody in, day bloody out!
GCC
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I might add that non-grad may be even EASIER to train than people with higher education, because the more education and qualification one gets, the more stubbron one becomes and is harder to learn new things. That's why many have said the best spare-time traders they know are high school students because they are simple and flexible.
wallstreet1928
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blancspa
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"I might add that non-grad may be even EASIER to train than people with higher education, because the more education and qualification one gets, the more stubbron one becomes and is harder to learn new things. That's why many have said the best spare-time traders they know are high school students because they are simple and flexible."
that is why nobody had challenge you for about 50 years, everyone follows the herd, no opposition, complacency and your country is sinking. And you will loose your job on the end anyway. You are not discovering America you thinking inside the box.
that is why nobody had challenge you for about 50 years, everyone follows the herd, no opposition, complacency and your country is sinking. And you will loose your job on the end anyway. You are not discovering America you thinking inside the box.
I think you may have something there, the experience I have had working with many (not all) university graduates is that many feel the world owes them a living because they have pieces of paper suggesting they are more intelligent than people who are non grads. Many have not had to work hard in the real world and therefore struggle in 'normal careers' let alone trading. Not saying that trading isn't normal guys but I think you get my drift as trading is often regarded as unusual and the failure rate is quite high compares to other careers. I have worked with many graduates over the years and many did not have much stamina at all, their discipline outside a classroom/study was pretty much near zero and many seemed to need someone feeling sorrow for them, almost someone to cry on their shoulder and moan about their increasing student loan !
There just did not seem like they had any hunger for success or zest for life in a business environment, the classroom/study became their comfort zone and everything else was 'hard work' (except of course the bar or club they were drinkiing in which obviously increased their student loan ;-)) The thing that seemed most lacking was common sense.
Yet on the other hand, the people who didn't make or want university seemed to me to want and need to succeed, they showed persistence, intelligence, common sense and seemed eager to please and improve no matter what. Generally non grads worked harder in my opinion and I always felt more comfortable teaching them, now of course this may have been my lack of university background although I do not have any regrets as it was by choice. Maybe I am a little 'unconvinced' that going to university makes you more intelligent or should give you better chances, in fact I am sure it doesn't as I have worked with super intelligent people who have no university education. Many super rich entrepreneurs have little or no education so this also suggests that education isn't everything.
great post, i agree totally, i come from a very basic education background (16yo school dropout)then years of self employment. This has made me very self reliant, no paid holidays sick days, ect. People thought i was mad going from plastering to trading but, I'm still self employed,still totally responsible for all my financial decisions, and in my mind, little has changed.
I have ex uni friends in salaried jobs who would NEVER ever, even contemplate this,still each to his own
GCC
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Wow, it looks like that my original post has created a wave of "anti-uni" comments here...
Since most of the replys on my posts are from England, I think it's appropriate to relate it with my experience studying uni in England.
I studied in a top university for 3 years. To me, England is a nice country, and many uni students I know were bright people. Unfortunately, I also knew a lot of people who seemed to lack the responsibilities and disciplines as a yound adult. Like: never clean things up, skipping lectures, slow in doing essays and reports, disturbing people at night, etc. Sometimes it just make you wonder, how on earth could such people have the chance to go to universities?
Some people above suggested that uni grads have easy lives so that they crack under pressure. I think the truth is more than that. One can't ignore the "uni bubble" created by Tony Blair, who upgrade many second-class institutions into "universities" when he was in charge. As a result you have got a huge "bull market" of uni students but most of them are nothing more than "bubbles".
At the same time there was also a "quantitative easing" in A-levels:
Focus: Overinflating exam success - Times Online
With these in mind, it's no wonder that uni students, who are already behind 3 years of working experience, look so undesirable for employers.
Since most of the replys on my posts are from England, I think it's appropriate to relate it with my experience studying uni in England.
I studied in a top university for 3 years. To me, England is a nice country, and many uni students I know were bright people. Unfortunately, I also knew a lot of people who seemed to lack the responsibilities and disciplines as a yound adult. Like: never clean things up, skipping lectures, slow in doing essays and reports, disturbing people at night, etc. Sometimes it just make you wonder, how on earth could such people have the chance to go to universities?
Some people above suggested that uni grads have easy lives so that they crack under pressure. I think the truth is more than that. One can't ignore the "uni bubble" created by Tony Blair, who upgrade many second-class institutions into "universities" when he was in charge. As a result you have got a huge "bull market" of uni students but most of them are nothing more than "bubbles".
At the same time there was also a "quantitative easing" in A-levels:
Focus: Overinflating exam success - Times Online
With these in mind, it's no wonder that uni students, who are already behind 3 years of working experience, look so undesirable for employers.
london88
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Pressure, I think peer pressure is responsible. Students in the UK (the majority) lack interest and desire to study, they only see it as an opportunity to get away from home, socialise and get drunk.
This vid sums it all up for me!
YouTube - FUBAR For Beginners - Guide to Oxford Brookes Student Union
cyrustajik
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hey
I can relate to what you guys are saying but as a recent graduate I think I should describe some of my own experiences here.
I started uni with 40 hours of lectures and labs per week and rest of my time was mostly dedicated to courseworks and etc. most of my mates in halls were partying everynight but for me it was one or two nights per week tops.
I knew I wanted a high powered career so I decided to study one of the hardest subjects and I think its starting to pay off.
those grads who think they are better than everybody else just bacause they went to uni have got some major personality problem. I can assure you this is not the case with all uni grads. I got couple of degrees from a top uk uni plus few years of trading experience but I know for sure that compared to a semi-pro trader I know nothing and Im ok with that. Im open to learning and have no problem admitting it or think just because I went to uni I should have a head start!
In term of the less you know the more you make I can not agree with that at all.
If you got a good background in mathematics or finance you are more likely to make a higher return than someone who just dropped out of school or something. Now im not saying this is the case for everyone. Im sure some people are born traders and can make more money trading after leaving the KG let alone after 16 years of school!!
cheers
Cyrus
I can relate to what you guys are saying but as a recent graduate I think I should describe some of my own experiences here.
I started uni with 40 hours of lectures and labs per week and rest of my time was mostly dedicated to courseworks and etc. most of my mates in halls were partying everynight but for me it was one or two nights per week tops.
I knew I wanted a high powered career so I decided to study one of the hardest subjects and I think its starting to pay off.
those grads who think they are better than everybody else just bacause they went to uni have got some major personality problem. I can assure you this is not the case with all uni grads. I got couple of degrees from a top uk uni plus few years of trading experience but I know for sure that compared to a semi-pro trader I know nothing and Im ok with that. Im open to learning and have no problem admitting it or think just because I went to uni I should have a head start!
In term of the less you know the more you make I can not agree with that at all.
If you got a good background in mathematics or finance you are more likely to make a higher return than someone who just dropped out of school or something. Now im not saying this is the case for everyone. Im sure some people are born traders and can make more money trading after leaving the KG let alone after 16 years of school!!
cheers
Cyrus
naked shorts
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Perhaps read the book, "When geniuses fail"
Also, no-one is "born" anything, you are what you are because of the things you have learnt and the experiences you have had. That is, unless of course, you believe in religion...In which case you should give up trading immediately, praying to some god isn't going to turn that dud trade around.
Hi,
I am currently pursuing a career in trading and I would be grateful if anyone could tell me how good my Maths need to be in order to be a trader?
I have an A in AS-Level Pure Mathematics but it doesn't mean my maths is any good. I'm really determined to become a trader and will do whatever it takes. Is settlement and execution only position a good place to start??
Thanks in advance for any response.
Kind Regards
Roy
I am currently pursuing a career in trading and I would be grateful if anyone could tell me how good my Maths need to be in order to be a trader?
I have an A in AS-Level Pure Mathematics but it doesn't mean my maths is any good. I'm really determined to become a trader and will do whatever it takes. Is settlement and execution only position a good place to start??
Thanks in advance for any response.
Kind Regards
Roy
Unfortunately, its almost impossible to get onto the trading floor. Have a look at some of the courses in trading, which may (or may not) give you a better chance. But it will demonstrate you are deadly serious and totally committed to a career in trading. In my experience, those who can show they have done more than the avaerage Joe, stand a better chance of success
Thanks so much for the reply.
I did have some experience in financial spread trading, don't know if it helps? and I have been studying for the IMC (Passed Unit 1, now onto Unit 2), plus I have just attended the Benedix City Pro workshop and signed up for the Benedix Professional Trader (Home study) Programme. I'm very determined and will not give up pursuing this career.
How do i get my foot in the door?
Yes Sir! thanks for the encouragement and i will go for it. Would you know by any chance, which small boutique firms are currently recruiting?
do you think many traders who enter this market master the Trachtenberg method before starting?
something i've looked into and i could do the 13,12,11,9,8,7,6 times tables so fast! i'm going to give it a proper go when i break up from university in the summer.
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