Career as FX technical analyst/chartist

[Southampton]

surf, you already know I have relatives in the business working in Europe. I also have a few in the Montreal area.

1) Income levels accurate info

2) Job titles accurate info

3) Name of top financial firms accurate info

Also, I will say another thing I notice that was odd. The TA site link I posted...they use to post more "background" (e.g. university education, prior work experience and such) but not anymore unless you research these people on linkedIn. Its almost as if they don't want to share to much information about their backgrounds. Last time I saw such happen was a few weeks after 911 and I was visiting friends in Chicago...folks scared to talk about their jobs and firms.

My point, seems like the business is toned down and using more descriptive titles being used in an odd way as I stated before.

Seriously, a job title being used like "technical analysis/quantitative research". I don't know if that's good or a oxymoron statement.

Regardless, that doesn't sound like a "marketing job" to me. Also, I have not heard of someone making 6 figure income as an entry level position but I'm sure they are out there.

BNP does use the information...not sure why they would pay someone specific 137k per year to be a paper weight for 12 years plus performance bonuses. She's never seen any of her research reach a firm's client. Thus, no enticing, no newsletter, no pretty legs to walk around the office to keep things a little more interesting and she doesn't even have the quantitative research title glue to you TA job title.

She'll be in town for the holiday's (in a few days). I'll ask her why is her firm is paying her all that money to not do the things you've described...maybe its her academic background ?.

Heck, they even paid for her to move from Hong Kong to London. When was the last time you heard of a top company doing that for a entry level position.

P.S. Seems like you're upset there's an actual link to TA/Chartist that briefly discusses what firm they work for with all those CAPS you're using. Guess what, you're going to get more upset when you find out more about their careers if you look them up on LinkedIn.

P.S.S. My dry cleaners owner make 185k per year. Simply, anyone can find someone out there that makes more money than a TA/Chartist. Heck, my real estate agent makes almost 7 figures and she uses CHARTS to monitor home prices so she can make better recommendations. Simply, I can sit hear all night and name jobs that make more money than my cousin's salary...

Still doesn't take away the fact she has a job in the industry...info the thread starter is interested in finding more information about. You're not the thread starter and obviously NOT interested. Now STFU.

Yeah, more multi-millionaires have been made in the dry cleaning biz than any other business, that's a fact.

Well, its "research" but research with the goal of enticing clients to invest-- not make actual buy sell decisions at the firm.

The reason they are changing the titles is thst the public is catching on to the TA scam so they add quant to the title to distance themselves--yet remain the same to attract the stragglers who still believe in TA.

All i can do is speak the truth to try to help a few folks out. Take it or leave it, my brother

Hampton

PS-- if you are not a paid writer, you should be-- surprised if you haven't been recruited yet from this site as I was in 2003.

 

[wrbtrader]

Yeah, more multi-millionaires have been made in the dry cleaning biz than any other business, that's a fact.

Well, its "research" but research with the goal of enticing clients to invest-- not make actual buy sell decisions at the firm.

The reason they are changing the titles is thst the public is catching on to the TA scam so they add quant to the title to distance themselves--yet remain the same to attract the stragglers who still believe in TA.

All i can do is speak the truth to try to help a few folks out. Take it or leave it, my brother

Hampton

PS-- if you are not a paid writer, you should be-- surprised if you haven't been recruited yet from this site as I was in 2003.

Joe asked me once to be a moderator...I turned down the offer because I was already a moderator at a competing forum. Didn't know until now that this forum may have had or do have people that starts threads or makes replies although I've recently come across some conspiracy theories about Baron doing such. A penny per post ?

Listen, I know you're a writer and I've actually have seen some of your past articles on TA...some good stuff. Yet, didn't know you were once recruited here.

By the way, I do KNOW for fact there are some firms using their TA/chartist employees to write in industry magazines, newsletters and such that are stored in the lobby of the firm for anyone to read. In contrast, I do KNOW for fact there are some firms that use the "research" of the TA/chartist to give their opinion before a decision to make with everybody's else opinion or analysis although I do NOT know if the research has any weight in the decision process.

I was in Europe not too long ago visiting my accountant at a big firm and I did see some of those newsletters laying on the table in the lobby. Secretary offered coffee, donuts and some newsletters to read. More enticed by the coffee and donuts than the newsletter...nothing I have not read before but the coffee was great (first time drinking coffee). I was also in Europe looking at private summer schools for the kids that's close to some of my close relatives (that's when by simple cold became something deadly and I had to be hospitalized).

Anyways, I had a quant tell me a year ago about warnings he gave to his boss about certain type of ALGO scans on social media. Boss pass the info to those that make the investment (not trades) decision and it was ignored...costly error for the firm in the millions.

My point, I see job titles like quants being put under the umbrella of RESEARCH department just like TA/chartist...that "research" seems to take away the importance of the job. Thus, its not just a TA/chartist issue. Regardless, I'm still bugged out by the job titled "technical analyst/quantitative researcher".

Sounds like a cross dresser title.

Good night.

 

[Zzzz1]

I claim most everything you wrote here is utter crap. "TA department" especially made my day. Care to tell all of us which bank, for example, ever maintained a "TA department"? I mean, ever? And you went to Europe to see your accountant where you witnessed a little more of TA goodness? Mate, can you cut the crap for a moment?

I know your question was "eventually" answered about job opportunities as a technical analysis/chartist...

Just a heads up, a lot of firms have been downsizing since the financial collapse of 2008-2009. All departments took a hit including the TA folks but something odd has taken place in the industry lately.

I notice a lot of TA folks now have "dual" titles as to implied they've been merged into other departments at many firms but not all.

For example, at Credit Suisse the TA titles still remain but the TA is now under the "Research" department. Thus, there's no longer a "TA Department" and the 4 world locations are now down to 2 main locations for the TA folks (London and New York). There were 8 folks that I remember but now there's only 4 of them. Actually there's 5 but one is not listed...the one not listed is their boss...same guy in charge of the quants.

Heck, something weird about London. I've notice more listings of "technical analysts" in London than other country locations...you willing to locate (sarcasm).

Another example is Maxime Viemont of BNP Paribas. Excellent technical analyst that doesn't believe in the indicator stuff that you see commonly discussed/argued at this forum. He's one of the long time TA folks but I notice now his job title has been merged into another department. He's now the technical analyst/quantitative research guy.

His income (wage) is 6 figure without the bonuses.

My point is that they are people that has been around a long time. They saw their departments cut in half via the 2008-2009 financial collapse while other department downsized even more.

Only departments that actually grew were the quants but I now see some of the TA folks merged into those departments in "top level" job positions. That's a very strange thing I notice.

Not sure what to make of that considering it implies people were "re-trained" or went back to college and got a quant degree at night school while working at the same firm as a "technical analyst" but I did come across enough names to make me wonder what's going on. People that spent many years as a "technical analyst" and then they get merged into the quant department in a top level job and now called "technical analysis/quantitative research".

Nothing against quants...great field and algos is a growing area even among the retail folks although we still don't see a lot of talk by retail folks about their algorithm trading although there's a few here at this forum.

That's why I suggested you email or call these people to find out their backgrounds and what they think about the industry future considering they have an existing paid job as a TA/chartist at a well known firm.

By the way, I did a brief search at other firms (actually someone made some calls for me) and there's more people today with the job title of Behavior Finance. That's a 90k - 125k job position.

I mention Behavior Finance because its a growing area in the trading/investing field and university academics. Actually, its something I've been talking about a lot for the past 3 years.

Edited - Check out the link @ http://www.technicalanalyst.co.uk/research/

Just read some of what the TA folks are saying at some of the top financial firms to determine whom you want to contact about information about "job opportunities" in the industry. A lot better than listening to folks that say these positions don't exist at professional firms. I personally know several TA/chartist people in the Fixed Income departments...all have 6 figure income levels plus bonuses.

 

[wrbtrader]

I claim you're a lying idiot and worst with poor reading skills.

Never claimed a BANK maintained a TA Department. Never claimed to have witness any TA goodness except surf's TA articles were a better read.

I do claim the coffee was great you stool (word I learned in the hospital). If you don't know what it means...go look it up yourself.

You remind me of the talkative head that was quarantine with me for 3 weeks. She was this French-Indian that spent most of her time on the toilet...took them 3 weeks before deciding to give me a single room (their excuse was that one was not available). Had a great view of the pier.

 

[Zzzz1]

Quarantined? Even refugees and migrants don't get quarantined, please do not spread your diseases around the world, better to stay at home in that case. On a serious note, you obviously seem to be making up a lot of stuff about TA employees and departments. Sometimes it just becomes too apparent. So which company had TA departments? Care to enlighten us? And no Quant I know anywhere in New York, London, or Hong Kong I happen to know carries a title of quant but is a trained technical analyst by training or even passion. Please do not conflate the two: different IQs required, different training, different majors, different job applications, different income, different life.

I claim you're a lying idiot and worst with poor reading skills.

Never claimed a BANK maintained a TA Department. Never claimed to have witness any TA goodness except surf's TA articles were a better read.

I do claim the coffee was great you stool (word I learned in the hospital). If you don't know what it means...go look it up yourself.

You remind me of the talkative head that was quarantine with me for 3 weeks. She was this French-Indian that spent most of her time on the toilet...took them 3 weeks before deciding to give me a single room. Had a great view of the pier.

 

[wrbtrader]

Quarantined? Even refugees and migrants don't get quarantined, please do not spread your diseases around the world, better to stay at home in that case. On a serious note, you obviously seem to be making up a lot of stuff about TA employees and departments. Sometimes it just becomes too apparent. So which company had TA departments? Care to enlighten us? And no Quant I know anywhere in New York, London, or Hong Kong I happen to know carries a title of quant but is a trained technical analyst by training or even passion. Please do not conflate the two: different IQs required, different training, different majors, different job applications, different income, different life.

Your reading skills did not improve.

Type in technical analysis/quantitative researcher with a any specific firm names to see what pop up if you don't believe the info posted at the "technical analyst UK" website link I posted. I know, its a weird job title that I can't figure out why some firms use such a title.

Can't help you beyond that in your search.

Except, I did already give the name of someone and firm with that type of strange title...you probably missed the memo or didn't care to read it. That means you're still a stool.

Once you stop lying or creating your own version of the read...I'll stop calling you a stool.

P.S. You don't get answers...you screwed that up with your initial lies. Banks with TA Departments...I'm stomped where you got that from in your reading. I still believe surf's TA articles are the better read especially the one about the usefulness of price moving averages or maybe it was about support/resistance ? Hmmm...I get them mixed up because there's many articles about TA by him (not sarcasm).

Heck, he even stated for all to read that "The ACD Method" is useful. That's the longest running TA thread at this forum and you guys don't attack it. I wonder why ?

 

[Zzzz1]

Any company with TA departments as you claimed. Which are they?

Your reading skills did not improve.

Type in technical analysis/quantitative researcher with a any specific firm names to see what pop up if you don't believe the info posted at the "technical analyst UK" website link I posted. I know, its a weird job title that I can't figure out why some firms use such a title.

Can't help you beyond that in your search.

Except, I did already give the name of someone and firm with that type of strange title...you probably missed the memo or didn't care to read it. That means you're still a stool.

Once you stop lying or creating your own version of the read...I'll stop calling you a stool.

P.S. You don't get answers...you screwed that up with your initial lies. Banks with TA Departments...I'm stomped where you got that from in your reading. I still believe surf's TA articles are the better read especially the one about the usefulness of price moving averages or maybe it was about support/resistance ? Hmmm...I get them mixed up because there's many articles about TA by him (not sarcasm).

 

[wrbtrader]

Any company with TA departments as you claimed. Which are they?

Didn't sound like an apology to me from you for pretending I said something I didn't say when you CLAIMED I said something.

By the way, read that website link...I don't think they are lying about those working for top firms and writing TA articles with job titles like for example "technical analyst". In contrast, on linkedIn...I've seen more job titles as "technical strategist" than "technical analyst" and a few with that crazy title as "technical analyst/quantitative researcher" (a oxymoron title to me).

If you have a problem with those job titles...sling your crap elsewhere...I didn't create them. As I've already implied...they seem stupid to me but some places obviously interested in cross dressing.

Gotta call my girlfriend in Europe before she goes to work...long commute for her and the sunrise will be soon. Rather talk to her than chatting with a poor reading skill liar.

 

[Zzzz1]

No, but I have a problem that people like you chime in where they truly have no expertise and then they inflate their stories in order to lend them more credibility. You rejected after several requests to name a single company that maintained a TA department, something you claimed. Nothing more to add. Your rejection speaks for itself.

If you have a problem with those job titles....

 

[wrbtrader]

Yeah, more multi-millionaires have been made in the dry cleaning biz than any other business, that's a fact.

Well, its "research" but research with the goal of enticing clients to invest-- not make actual buy sell decisions at the firm.

The reason they are changing the titles is thst the public is catching on to the TA scam so they add quant to the title to distance themselves--yet remain the same to attract the stragglers who still believe in TA.

All i can do is speak the truth to try to help a few folks out. Take it or leave it, my brother

Hampton

PS-- if you are not a paid writer, you should be-- surprised if you haven't been recruited yet from this site as I was in 2003.

You saying when they change a job title from "technical analyst" into "technical strategist" or into "technical analyst/quantitative researcher" its because TA is a scam doesn't make any sense to me.

You read the link I posted...why use a oxymoron job title like the above if TA is a scam ? Why merge TA/chartists into another department ? Why pay them a 6 figure salary if they are a scam ? Surely they can fire or lay off them and then hire someone to analyze fixed income charts for like 30k to do the same work.

The guy and firm I specifically mentioned to you...I know him. I knew him many years ago when his job title was as "technical analyst". Then when he was relocated to Europe...his job title changed to "technical strategist". It stayed as such until he transfer (relocated) again and now he works side by side (same office) with quants. His now new job title is "technical analyst/quantitative researcher".

That's no little change...that's a huge change (relocation, higher pay, new job title name plate on the desk, better window view, bigger desk and he even has his OWN team at BNP). There's other job titles too I've seen used for him like "Behavior Finance Specialist".

They even list his education background "International Federation of Technical Analysts". Not even close considering he was schooled a at very prestigious university in Europe...nothing to do with TA.

Think about it carefully, how does someone go from being a "technical analyst" to having his own quant team using his "quant models" ?

Like you suggested...maybe its just a "marketing tactic" to bring in more clients although he sits in the back office and doesn't mingle with clients nor write newsletters or company education material...very confusing or very good in-house job promotions.

Don't underestimate those TA folks...get a job as a TA/Chartist and in less than 20 years you can one day have your own "quant team". sarcasm