Can a Graduate Degree from Oxford U help me get a salaried position in trading?

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Quote from axeman:

Side note...

Posts like this really confuse me.
If it's really such a mental game, and really all about
emotional control, etc, why is it that so many people
can't even find a single edge in the market?

Seems to me the biggest problem is finding an edge,
otherwise there would be plenty of trading books
you could pick up with systems in the them that REALLY
do work if you could simply control your emotions, etc.

This doesn't seem to be the case.

peace

axeman




Finding an edge is the easiest part of the game, not to say that it IS EASY, but after that you need determination, conviction and confidence to execute your edge flawlessly. IMO that's a lot tougher than finding an edge, because that deals with controlling your emotions, which can't be done SIMPLY, for the simple reason that the emotional signals our brain produces are faster and stronger than the rational ones. the only way to learn it is through experience, whether it's trading or some other high pressure type of work.
 
I have to respectfully disagree.

Finding a consistent "edge" is far more arduous than emotion management.

Emotions can be honed by experience. Finding your niche might take forever.
 
Quote from Ditch:



No, i thought it stood for rich kid (Sohn being the German word for son). English isn't my native language so i'm missing out occasionally.

Yeah, I thought RichSohn was just a creative way of writing rich son too.
 
Quote from FishSauce:


Finding a consistent "edge" is far more arduous than emotion management.

Emotions can be honed by experience. Finding your niche might take forever.

I agree. In the 5 years I have traded, I have found 3 REAL consistent edges. The first two each lasted about a year, and I'm still trading the third. They are few and far between. Dealing with the emotions of trading comes with time, but after a couple years they shouldn't be much of a problem.
 
Quote from Dustin:



I agree. In the 5 years I have traded, I have found 3 REAL consistent edges. The first two each lasted about a year, and I'm still trading the third. They are few and far between. Dealing with the emotions of trading comes with time, but after a couple years they shouldn't be much of a problem.

I agree.

What have you done to the first 2 edges? It seems like edges start working after a period of drawdown.

Good Trade!

trend:)
 
Quote from trend456:



I agree.

What have you done to the first 2 edges? It seems like edges start working after a period of drawdown.

The first was a style of trading IPO's in 1999 which worked very well for a while, but obviously that stopped. The second was a style of scalping which worked from mid 2000 to early 2001 when the market was decimalized.
 
Quote from Thunderdog:

FreedomPhighter,

Judging by a sampling of the responses you got to your initial question, it would appear that several respondents have a chip on their shoulder (of the buffalo variety or otherwise). Please keep in mind that most folks are just "wannabe" traders. They may actually trade, but few will actually show you their account balances. I suspect that most of the lemons have come from their side of the room. I'm not a profitable trader (or even a trader at all, by some standards), but I have no lemons for you.

Get your world-class education. One way or another, it will serve you well in life. The markets will be here when you get back. Your Oxford credentials will give you more options than most people here have. Certainly, a formal education is not everything, particularly in trading, but don't make the mistake of listening to people who can only elevate themselves by stepping on others. Good luck!

Regards,

Thunderdog

Thank you very much. I know that I have been given the opportunity of a lifetime (especially since I am not from a wealthy family and actually am a graduate of the public school system). I think I'd be crazy to give up this opportunity for a $55,000 job (in all likeliehood, that $55,000 job will still be available after I graduate). If I were to do that, I would always regret that decision no matter how successful I was at trading. Unfortunately, there aren't many firms out there that are willing to pay salary and I hope Oxford will help me at least get an interview with a few of the firms that do.

Thanks again
 
Quote from macal425:

Thunderdog

Were you aware that the reason lots of people attacked him was that he came here and posted his question on every single possible forum yesterday. This clogged up the front page of ET for some while. Although it was a mistake, he did not apologize for it but instead displayed an arrogant attitude towards those people attacking him for showing a lack of common sense.

That is correct! I did not apologize for posting my question on many DISTINCT forums. I wasn't aware of the connection between forums and that posting to all of them would be construed as posting multiple questions to a single one. I now see that there is but a single forum with many threads and that questions should be posted to one of the many threads depending on content.

And yet, without receiving notification from a single moderator, all but one of my posts were deleted (on retrospect, I should have expected all but one to be deleted but clearly, I SHOULD HAVE BEEN SENT A MESSAGE FROM A MODERATOR WITH AN EXPLANATION as well). I suppose the way my situation was handled reflects the lack of professionalism in the way this forum is administered.....members should be upset not with a new member posting to many forums the same question but rather with the way the administrators handled such multiple postings of the same message i.e. deleting the posts without giving any notification whatsoever to the poster as to why the multiple posts were deleted.
 
Quote from NihabaAshi:

There are a lot of similarities with the start of this thread...with a few other past posters under different aliases or user names...

style...education background...prop firm references...constant replies to defend why posting/starting the thread...

NihabaAshi

That proves my point exactly.....most of the members of this forum can't seem to handle the fact that there are educated people who wish to delve into trading. It is clear to me that anyone with a good education who makes note of it on here will be bashed (as you yourself stated: "...a few other past posters...constant replies to defend why posting/starting the thread...")

Thanks for confirming with me what I suspected to be true all along! Unfortunately, I am not the first to have been bashed by the many fools on here.......I apologize to the other members who were bashed as well though it is probably the case that they left this forum much sooner than I will....maybe i'm a masochist. Well I will likely be attending Oxford (where masochism, I hear, takes on a whole new meaning) so perhaps that fact is self evident...

Respectfully,
 
Quote from FreedomPhighter:

And yet, without receiving notification from a single moderator, all but one of my posts were deleted (on retrospect, I should have expected all but one to be deleted but clearly, I SHOULD HAVE BEEN SENT A MESSAGE FROM A MODERATOR WITH AN EXPLANATION as well). I suppose the way my situation was handled reflects the lack of professionalism in the way this forum is administered....

Quote from FreedomPhighter:

Be humble naturally or the market itself will make you humble....

LOL. I'll be glad when you get some trading capital.
 
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