How to become a trader in a company for job?
- Thread starter jasonfu9388
- Start date
Those are simply facts and statistics from different brokers, there is no need to be rude.
Profitable trading has NOTHING to do with having a MS or a PHD, far from it, otherwise all the economists, all the math teachers and all the engineers in the world would be billionaires by now.
As far as trading is concerned, the only people that could really benefit from their degree are computer programmers, they can at least backtest their trading systems, and that gives them an almost unfair advantage.
Quote from toc:
maths maths maths...............don't forget the maths, that's why many engineer trader hybrids are able to make very good systems. as to trading them successfully is another point.
Absolutely.
Having a profitable trading system does not necessarily make you a good trader.
Give a highly profitable trading system to 100 people and a good percentage of them will still find a way to blow up their trading account.
YES,i agree with you ,i think the education is not in direct proportion to trading result.but i don't know, whether to find a job or to trading for living. i can't solve this contradiction .
Do u have $50k u are ready to burn on a trading education (ie trading that money and losing it) and do u have four years available to u to learn the business. Some people just don't have the analytical mind needed for this job.
Oh, and u won't be trading for a living if u aren't profitable. So the entire question is Riduclous. Don't be lazy, get a damn job. Trade in your spare time. If u happen to get good at it, u can rethink your decision to have a job.
I really don't understand how u are pondering "should I trade for a living" if u 1) are broke, and 2) don't know how to trade.
Get off the forums and start researching
I am an engineer and while I was successful in developing a profitable trading strategy, I've found that being able to execute it was more difficult.Quote from toc:
maths maths maths...............don't forget the maths, that's why many engineer trader hybrids are able to make very good systems. as to trading them successfully is another point.
A few years ago, I saw a job posting that described buying and selling something Internet related, something like search ranking, or maybe ad space (sorry, my memory is not so good). The description said buying and selling on the order of seconds on an electronic platform, and trying to figure out where supply and demand was pushing the price for what they were trading. Are there jobs out there not directly in finance but who need trading skill? This might get around requirements for advanced degree, or they might be more open to taking on a new person and training.
I suppose, though, 'general trader skill' in the widest sense could apply anywhere where there's buying and selling like ebay, buy what's becoming popular and hope it gets more expensive in a few months, then sell it.
I suppose, though, 'general trader skill' in the widest sense could apply anywhere where there's buying and selling like ebay, buy what's becoming popular and hope it gets more expensive in a few months, then sell it.