career in forex

Quote from saikiranray:

Hello

I would like to know what kind of careers are there in the currency trading business (I am also interested in the ancilliaries to that like currency strategist, currency economist, etc) other than independent trading.
how is working as a trader or something like that for banks or financial institutions. which is the lowest position a newbie can start with and what are the positions these people retire at and what kind of money they make at various levels and how (i.e. salary, bonus, commissions).

I am newbie trying to understand how careers in forex work to plan for myself please advise.

thank you
More...

There are tons of jobs in FX and most of them are NOT at banks. Almost every international company has a FX desk that manages their currency exposure. Think Coca-cola, GM, Proctor and Gamble, Disney, etc. For example, one of the biggest currency desks in the country is not in NY but in the middle of Michigan. That company is Dow Chemical. They do business in 175 different countries and aggressively manage that exposure.
 
While we're digging up and quoting posts from over 10 years ago, I wonder if everything went to plan for our friend Neil.. :)

Quote from neilcharlton:
You could however just set up your own firm like i did, and i'm only 22 , not bad eh . We should have 2 million under management shortly if all goes to plan .
More...
 
Quote from Maverick74:

There are tons of jobs in FX and most of them are NOT at banks. Almost every international company has a FX desk that manages their currency exposure. Think Coca-cola, GM, Proctor and Gamble, Disney, etc. For example, one of the biggest currency desks in the country is not in NY but in the middle of Michigan. That company is Dow Chemical. They do business in 175 different countries and aggressively manage that exposure.
More...

Sort like Forex trading is just like a big data job bank.
 
Quote from intervention:

If trader is having proper trading knowledge and experience then good and consistent profit can be earned and there is no restriction of age or gender everyone can do this.
More...

Well said. I strongly agree with you. For you to succeed in Forex trading, sufficient knowledge about this matter is very crucial and is needed.
 
You must log in or register to reply here.
Back
Top