Recent content by c_dawg

I would think that all of these investment banks are hiring speculative traders instead of executionists. If all they are doing is executing trades wouldn't they pretty much be on the level as admin assistants? Then why would they even be worthy of mentioning in these news articles about the...

no i'm not worried, just wanna get some info on the industry that i'm interested in. this is not the first time that technology's caused massive jobs to be eliminated. but certain jobs are not replaceable by technology and i just wanted to know how trading is affected.

I'm considering going into trading. But I've also read about traders being fired from goldman and ubs due to electronic trading. I thought it's a job that takes alot of vision and judgement. How can electronic trading replace that? would someone elaborate? Is it still worth going into?

Also, has anyone here traded for one of the ibanks on the street? I'm wondering if trading for them would be more stable, i.e. get 1 year to learn instead of just 3 months before getting sacked. I've heard of a first year trader making half a mil in bonus. I'm not looking to do THAT well but...

By IT I meant making software to support research analysts. I need more excitement than that throughout my day, but my biggest problems with the field is that it doesn't bring my bank direct revenue, which makes me dispensible. Also the ceiling for software's pretty much 150k. I know 2nd year...

Can someone tell me how I can get into trading? I'm currently working in the IT dept of one of the big IBanks. My goal is to try to transfer into trading but need advice on how to do it. Also I have a scientific education so are there classes or books I can read that might help me ace the...

I need some practical and good advice from someone who's got more knowledge and experience than me on this forum. I'm currently working in IT for one of the big I banks, but this is really not the career I want to have. Mainly, I want to work my ass off and make good money and the IT dept...