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Is this a live account or a demo account ?

I'm a bit surprised that the United States has a significantly higher vaccination rate than Canada. Like more than double with at least one dose according to the NYT tracker. Kind of a bad time for universal public healthcare to fall on its face.

This idea being floated around that DB or CS is going to take a fresh faced kid straight out of the LSE and straight away put him or her on a swaps desk to make markets for clients is hilarious. :rolleyes:

All new hires fresh out of school at Goldman Sachs go through orientation and start out as Analysts. No exceptions. 100 hour work weeks. After a year they get evaluated. Pretty much the same for Citadel or DRW or Morgan Stanley or take-your-pick.

I've seen a couple degreed Engineers start out as quants and make their way over to the trading desks. But it is simply unheard of these days for a big private fund or Bank to hire a kid straight out of college and let him or her take on trading risk exposure. Doesn't really work like that.

Which is why I suggested the Microsoft Certifications link this morning. Trading firms and banks are looking for Developers and AI Engineers.

Adding to winners is a vastly more superior strategy than adding to losers. You're welcome. :D

A college degree won't make you a better trader. However, elite trading firms and banks do use educational background as a filtering mechanism. But having an economics degree from U. of Chicago or LSE will not make a person a better trader.

Maybe with an MS in Economics from Chicago or MIT. :banghead: Zero chance with a mediocre GPA from a State School. None. I've seen Banks and Funds hire Engineers, Developers/Programmers, and Physicists from State Schools but he's clearly not that.

https://docs.microsoft.com/en-us/learn/certifications/ You'll need this for today's trading environment - especially if you want a job at a private fund, proprietary firm, or IB. I wish you good fortune !

Imagine if for the past several years S2007S had simply stayed long equities. Amazing. He will eventually get a 35% selloff - and that short profit won't come close to the cumulative long gains since 2009.

You have a cognitive disorder about market bubbles. In fact, you've been talking about a bubble for several years now. 23,334 posts in fact. In other words - you've dismissed a huge run-up in equity prices over a long period of time.

In five years, Anthony Fauci's head is going to be in a glass jar - and he'll be saying: "Isolate yourselves, live alone, don't go anywhere, have no human contact..."

I’ve seen some market structure exploitation like the order queue and order matching for example. Mostly inter and intra market correlators. And just some really talented natural born traders.

He made his money trading the Eurex Schatz. Point being, he kept an evening job while he was learning to trade. He kept the pressure off of himself and didn’t force trades. He allowed himself the time and space to develop consistency. I simply do not understand these posters who start a...

Only Jewish guy who goes by "Bubba" on Planet Earth. :D

Start small and have a side hustle. I knew a guy who was a monster Eurex Schatz trader. He kept his evening job selling high end athletic shoes for a couple years. In fact, he bought a brand new 35 foot Formula Boat the week before he finally quit his sales job. Hell of an interest rate...

People do obvious things along with the rest of the retail mass herd (like buying S1 support). And there are successful apex predator traders and algos that exploit all of these low pain threshold just-doing-the-obvious system copy-cats. There's juice in a market where you have a crowded room...

You're long on judgement and short on intelligence.

You have a bias that is severely coloring your perception. I can think of dozens of locals off the top of my head who made fortunes on the floor and they chose to walk away and not bother with screen trading. You had about a half second to full second speed advantage in the pit. Which was...