I need some guidance on a career in trading...

Dammit, this is the last time I post on this thread, but since I can't edit my post anymore I'll let everyone know that I realize I wrote "your" instead of "you're". It was a rare typo, darnit.
 
BigBrent... Do not listen to these people... you have the passion and determination to succeed.... There is no doubt in my mind... I am bored in my hotel room right now... waiting for my wife to get back from the spa.... funny what you find...keep doing everything you are doing! Talk to you on Tuesday...
 
Quote from traderdragon2:

Learning how to trade is 10X harder than any other job you will get, and there is zero guarantee you will ever figure it out. Its that hard.

While in school, better load up on the statistics and comp sci classes so you can learn how to program, a finance/econ degree will do nothing for you.

This is the best advice anyone wanting to enter the financial industry can get. My finance degree is a piece of shit..
 
Quote from Patrick.bateman:

BigBrent... Do not listen to these people... you have the passion and determination to succeed.... There is no doubt in my mind... I am bored in my hotel room right now... waiting for my wife to get back from the spa.... funny what you find...keep doing everything you are doing! Talk to you on Tuesday...

Is this the type of guy you should be listening too?:confused:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1178216#post1178216
 
Have to strongly agree with heavy hitter. How can someone on a message board assume that the OP has no passion for trading:confused: :confused:

I've been trading and watching the markets since I was 17, but from my posts can you tell that I have a passion for trading?

Passion is not in words, it's in the mind.
 
If anyone has a problem with my grammar thats fine. If you have the time to correct peoples grammar on a public message board then you really need to find better use of my time.

The entire point of my comments were to put things into perspective. The OP needs to realize who he is competing against. He is competing against people that LOVE this business. I am very passionate about this business and i reiterate that i will do absolutely whatever it takes to come in.

The reason the OPs thread bothers me is that he probably realizes that he is graduating soon and its time to find a job. Then there are people like me that are will. I go to a decent university and it sickens me to watch the other finance and econ majors that are going through the motions. I have a hard time taking people serious when they say they want to trade when they are probably just about clueless as to what they really want and are just looking for some sort of outlet post graduation.

Furthermore I am sick of the people that have high GPAs and degrees from prestigious universities yet absolutely no common sense of the practical applications of what they learn in school. To get an A on your financial management is one thing. To be a consistent winner in the markets is another league.

Bottom line, if your not 100% serious about this then get the hell out and allow the people that are serious their deserved opportunity.


And yeah I am one to listen what patrick says, i tend to associate myself with WINNERS not PIKERS.
 
Kicking myself for getting drawn into this...

The entire point of my comments were to put things into perspective. The OP needs to realize who he is competing against. He is competing against people that LOVE this business. I am very passionate about this business and i reiterate that i will do absolutely whatever it takes to come in.

There are plenty of people in this business that just wandered into it. There are also plenty of people who do well in it while viewing it as a means to an end only, not as a consuming passion. Also, trading is not unique in this respect. There are doctors who are deeply satisfied by their work, while others are just very talented individuals who could've easily chosen something else to pay the bills.

The reason the OPs thread bothers me is that he probably realizes that he is graduating soon and its time to find a job.

Hmm, sounds pretty reasonable to me. Plenty of people come into their eventual field in this way.

I go to a decent university and it sickens me to watch the other finance and econ majors that are going through the motions.

What if they're very talented? Perhaps they can achieve just as much as you, even if they do it "going through the motions?" What if they have other elements of their lives to which they are deeply committed, consciously choosing to relegate academics to a lower priority? You make sweeping judgments of people about whom you are clearly ignorant.

I have a hard time taking people serious when they say they want to trade when they are probably just about clueless as to what they really want and are just looking for some sort of outlet post graduation.

How do you expect people to find their passion except through casual dabbling? Are people supposed to be born with some a priori knowledge of their careers? Further, who cares if you take them seriously? Are you in a position to hire them? Of what importance is your evaluation of them? You're just a douche in college boasting anonymously on a message board.

Furthermore I am sick of the people that have high GPAs and degrees from prestigious universities yet absolutely no common sense of the practical applications of what they learn in school. To get an A on your financial management is one thing. To be a consistent winner in the markets is another league.

Yeah, man. I hate losers from good universities with high GPAs. Those dicksmacks should totally get real and apply for an official big-brent-approval card if they want to be MEN!

Bottom line, if your not 100% serious about this then get the hell out and allow the people that are serious their deserved opportunity.

If you're so talented and committed, then these putative losers should never be in your way. I mean, if you're so great, any employer worth his salt should see it immediately. Further, you should encourage dumb money to enter the markets, right? After all, they'll just be giving it to you, right? Right?

i tend to associate myself with WINNERS not PIKERS.

And let's cap this post off with some hollow, arrogant, Tony-Robbins-sounding crap. Fits perfectly with the rest of your post!

Enjoy the last word if you want it. This is my final guilty pleasure for today.
 
Quote from Finance Grad.:

For some background info, I have a major in Finance and a minor in Economics from a good university with a 3.1 GPA. Trading, and the market in general is something I have always had a strong interest in. For the past 9 months, I have been interviewing for several trading assistant/ junior trading positions along with a few other major banks and one mutual fund company. One of the main reasons I wanted to do trading is to have unlimited earning potential based on my own performance, but it seems like most of the companys I have been to are saying, "we are going to pay you almost nothing to learn how to trade, then once your on your own you will probably not be profitable for 6-12 months and even then you still might not make that great of living." Is this true or are they just trying to scare away people trying to make a easy buck. But if it is true, am I better of going to work for a mutual fund company and completing my CFA. I am hearing that trading experience doesn't look favorable on a resume because you don't really learn anything that would be helpful to a different type of career in finance. I guess I am confused on why so may people apply for these junior trader jobs. Thanks ahead of time for your input.

I have spent 14 years thinking about careers - intensely - and doing them. Why? Because I had so many options (I was top of all my classes so could do literally anything). Your post is clear as day to me.

Your post is about one thing: Money. The answer is sooo basic: Do what you love. No that is not bullsh_t. If you do something to make money and you have NO other reason to do it then you wont be good at it. Period. And you will not be happy. And in a competitive world an unhappy, mediocre performer will NOT make the money you think you will. You will probably not stay employed either. Then, you will think, I should have listened to that guy 10 years ago when I was younger and had more options.
 
Back
Top