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I think you are too concerned with what you need to know. Unfortunately, the finance world is 80% about networking, cultivating good relations and outright flattery. These are more important skills to learn. Brush up on those instead, learn how to make people feel good about themselves...

I disagree. MBA is expensive and generalist. He can study for CFA while at his old job, still earning an income and then try to get his foot in the door. I know of several people who successfully made the transition after passing level 1,2 of the CFA. At least it should get you an interview. It...

8 May 2014 Last updated at 12:34 Barclays to cut 19,000 jobs over three years Barclays is to cut 19,000 jobs by 2016, with about half to go in the UK, the bank has said. Barclays' investment bank has been hit by a slowdown in the demand for government and company debt. It includes more than...

Get a CFA and network your way in. Don't listen to these clowns here trading from their basement.

That is loserish. I only have 1 tick stop loss. When i enter it goes up/down immediately most of the time. It can be done if you are an elitetrader.

stop jinxing it, please.

There is no "last" thing. It's not like you do this one thing, the light switches on and it stays on forever. Far from it.

their news at the top has "who killed peaches geldorf?" as financial news.

Good luck with that. There's only 1 person on this forum who can even do something like this and actually succeed, that's the irrepressible NoDoji. You might want to read some of her posts to gain some inspiration.

Good day, good trading, buy it all.

ordered it give up nearly $18,000 in profits for exceeding position limits on two dates in March 2013, according to a disciplinary notice. They only made 18k??:confused:

They sniff you out with a fucking odd lot. But it doesn't matter now. The problem right now is there aren't enough opportunities. You cannot get enough stock at the price you want. And if you do, guess what? It runs against you. :D

That might be so. But she has now mastered it and make money in all market conditions, trading lucratively for a living every day. You are working for your wife's family.:D

You don't have to be new to be "struggling". There have been loads of people who have made money daytrading equities for 8-10 years but have now been forced to leave the business in recent years. I think the biggest mistake is that people think once the light turns on, it stays on forever. Just...

Diff people can use the same method but their "edge" doesn't die while yours might. Case in point is NoDoji's "Breakout Trendline Pullback". She has said that edge can never go away as it is simply eternal price action.

That is a simple adapt. Mickey mouse stuff. A hard adapt is when your whole system goes kaput. Also, a way to adapt is to leave the business.

"JP Morgan expects second-quarter revenues from bond and equity trading to decline by about 20pc from a year earlier, the biggest US bank by assets has admitted." Revenue down, more traders get laid off, less volume,etc. It is a vicious cycle. Soon, they can just open the market for 2 hours a...

Moral of story: Be a broker not a trader.

What to do? Forum readership has been falling for some time.

When the algo knocks down the price, their other algo swings in immediately in ms and scoops it up immediately before you can even type up the stock. It just registers on your filter.