Recent content by UK2004

  1. U

    Differences in stock markets and FOREX markets?

    I think people are a little confused here, the standard interbank market in forex which is foreign exhcange is the spot market this is currencies exchanged for delivery in two working days or one for the canadian dollar. Short term foreign exchange trading is great fun although being in a...
  2. U

    Compensation for traders at top firms?

    Original topic, anyone got any contribution to that, sorry if I'm interfering in the mini-wars!
  3. U

    Compensation for traders at top firms?

    What is all this bollocks about Don Bright being a leach? You all have double standards, fine for you to trade and to alter values of people's investments but when someone else opens a company, provides a service and does far better than you have you get all jealous and put him down, why...
  4. U

    Compensation for traders at top firms?

    I have interviewed with couple of banks been into dealing rooms and can say that most traders in banks are just market makers providing liquidity to the market they have to trade and find it very hard to keep a position, money is nothing special and there is not much job satisfaction whn what...
  5. U

    Compensation for traders at top firms?

    I have said this before sorry to have to repeat myself but I don't have time to proofread these posts and tae time to make sure there is nice perfect grammar I simply like to be direct to the point, sorry.
  6. U

    Compensation for traders at top firms?

    In London a lot of BA's and MBA's are on almost equal salary in first year alhtoughatthe major banks UBS, Lehman, Goldman there is the analyst and associate division and slight divison on pay. Mant traders in Lonon especially in foreign exchange are undergrads they dont have post grad degrees. I...
  7. U

    Compensation for traders at top firms?

    The thing is I feel that because I am young people agang up on me and look down on me as not being able to know anything so on this board I admit I tend to react aggressively and put up a barrier as I did originally with Don Bright, now I accept his advice and respect him, sorry though if I do...
  8. U

    Compensation for traders at top firms?

    Youd din't actually reply to my message regarding fx ie merill and morgan stanley not being major players?
  9. U

    Compensation for traders at top firms?

    Good we will see, we will let the traders judge for themselves how good I am.
  10. U

    Compensation for traders at top firms?

    If the guy is talented he is talented and of cousr determined, it is top ten fx in world the bank so it is a major player. 500K is nothing major at all but I do have a lot of respect for you for doing what you enjoy he who compromises enjoyment for want of money has lost his path in life.
  11. U

    Compensation for traders at top firms?

    You were 5 years at Goldman fixed income trader then quant why? What happened did you not cut it as a fixed income trader? Most people if they are good stay traders. I don't know if the system is different here I would not of thought so but at the bank I interviewed with they had one superstar...
  12. U

    Do hot women traders exist?

    The nice women are in institutional sales in banks there they get to use their good interpersonal skills and many are fine women traders are few and far between and are far too stressed out to bother with.
  13. U

    Compensation for traders at top firms?

    Don't mean to be rude but you got that survey from www.careers-in-business.com and it is for corporate finance you can never state figures for sales and trading as it is so performance based. For trading it is profit and loss how much you make or contribute, in institutional sales it is how...
  14. U

    Thank you to all who helped me!

    By the way Don, when I was talking about well paid forex dealers, I hope you never misinterpreted me as meaning market-makers as I never want to be a market-maker, you have little leeway to do as you want with a view of the market. I feel there may be an opportunity on the proprietary foreign...
  15. U

    Thank you to all who helped me!

    I have finally managed to land myself a job as an assistant trader in the City of London. I am being taken on for a one month trial period after which I will either get a full time offer or a ding. I want to thank those that helped me along the way including candletrader, oneway, predictor...
Back
Top