Back after several years...

Quote from Szeven:

Just read this thread back Steve and I think it will help a lot. Working on an algo for 4 years? Want an execution or trading related job that pays well in NYC? Someone gives you a lead on a prop firm that might be making money with a specific strategy and you want to apply there? Honestly just think about it and be realistic.

I'm in touch with someone at WTS because they can responsor me for the series 7, which is a valuable license to have.
 
Quote from marketsurfer:

word is the guys at WTS--boston are raking in the $$ with a real teachable edge and phat infrastructure/ dp access/ routes. The only prop firm, to the best of my knowledge, making it like the old days.... might be a good place for an old new guy to look. who knows?? good luck! surf

You heard it through the grapevine ?
 
I wanted to provide an update to this thread. I was fortunate to land a director level position at Morgan Stanley in OTC Client clearing. I just wanted to provide a little hope for those ex traders who feel that making a transition from trading is too difficult. Work your network and make your past experiences an asset to you and not a liability. Apologize for the sloppy writing, I'm posting from my phone.
 
I wanted to provide an update to this thread. I was fortunate to land a director level position at Morgan Stanley in OTC Client clearing. I just wanted to provide a little hope for those ex traders who feel that making a transition from trading is too difficult. Work your network and make your past experiences an asset to you and not a liability.

Wait a minute. You jumped from being an unemployed daytrader to a Director position at Morgan Stanley? How is that possible? I thought you have to be promoted within the firm.
 
Wait a minute. You jumped from being an unemployed daytrader to a Director position at Morgan Stanley? How is that possible? I thought you have to be promoted within the firm.

Well I did go back for an MBA, but yes I was surprised too. But I leveraged my past experiences and sold myself as capable of handling the position. My point was to show other traders who are looking to get back into a traditional work environment that it is possible.
 
Well I did go back for an MBA, but yes I was surprised too. But I leveraged my past experiences and sold myself as capable of handling the position. My point was to show other traders who are looking to get back into a traditional work environment that it is possible.

Wow. Good job man. Best of luck in your new position.
 
Wait a minute. You jumped from being an unemployed daytrader to a Director position at Morgan Stanley? How is that possible? I thought you have to be promoted within the firm.

I met with 5 senior members over the course of two interview rounds so I believe, if you can articulate yourself well and draw parallels between what you used to do and what you will be currently responsible for, you'll have a good chance at being given a shot.
 
Look, the bottom line is that Steve went in and did an interview, and they were almost sold. It was only until he said that he was a prolific poster on ET that they finally said, "You got the job!". :D
 
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