Poll: What are your financial certifications?

Kastro_316 · Apr 5, 2006

Quote from JMowery1987:

What is your problem exactly?

Lighten up ..... go outside and get some fresh air lol....

Tense day today?

But... let me formally appologize for being young... i have respect for all the older and more experienced traders, I hope to be able to perform well consistently. Didn't mean to offend you Nana Trader for being 19 years old.

Easy, easy....You two just have different concepts of time

-Kastro

OptionScreen · Apr 5, 2006

Quote from Cache Landing:

Anyway, I'll be the first to answer your question seriously. For what I do, the most important to me are;
Bachelors in Finance
MBA
RIA
CFP

why would anyone need MBA or B. in finance, i think CFA, FRM or CMT would be more usefull to to your trading career?

nitro · Apr 5, 2006

All kidding aside, of course you are 100% correct.

nitro

Quote from Cache Landing:

Interesting.... one of the most commonly asked questions on ET. "How do I attract OPM?" Yet a good part of the members here trade specifically because they don't need a certification to do it.

Once a trader gets a little bit of experience, he wants to start making money off of other people. This is when the 'no certifications' part comes back to haunt him. People are much less inclined to trust their money to someone that has only traded his own money and has no professional experience. And (with the exception of prop firms) most firms are also going to require training/certifications.

Anyway, I'll be the first to answer your question seriously. For what I do, the most important to me are;
Bachelors in Finance
MBA
RIA
CFP

Thunderdog · Apr 5, 2006

Quote from OptionScreen:

why would anyone need MBA or B. in finance, i think CFA, FRM or CMT would be more usefull to to your trading career?

Personally, I cannot think of a more useless designation than the CMT. I think that the CMT certification is to trading and finance what chiropractic "medicine" is to the health sciences...not very much.

Cache Landing · Apr 5, 2006

Quote from OptionScreen:

why would anyone need MBA or B. in finance, i think CFA, FRM or CMT would be more usefull to to your trading career?

It is depedant on what direction you want to take with your career. That is why I used the qualifying statement, "for what I do". Because my career path is not that of a solo trader. A good trader can make some money. A good asset manager can make some money. A good invesment advisor can make some money also. But....

A finance (econ or acct work too I'm sure) graduate with an MBA, who has already passed the CFP exam and the series 65 (or 7, 63, 66, 6 etc..), and has put in the effort to gain the necessary skills in excel, morning star, and other such planning analysis tools......

This is the person that gets hired on at an asset management firm for a few years to figure out his personal style, at which time he can go independant with much less difficulty. And once he goes solo, he has most of the perks of being a solo trader (only trading his personal account) with the enhanced income that can only come by way of OPM.

OptionScreen · Apr 6, 2006

what is opm?

For trading posts, does CFA adds significant value to your resume for getting hired by hedge funds or rising any capital?

And does CFA carter holder without a bachelor degree put you in any disadvantage? I know bachlore degree isn't required by(Amir) CFA institute for applying tests

jztrading · Apr 6, 2006

I have Series: 4 , 7 , 55 , 63 , and 66. I used to be a Market Maker then Prop trader , now a Financial Advisor, it seems to be where the business is going.

ksonsinc · Apr 6, 2006

Hey J mowery
Kool we both have the same degress
I am studing and reading more books and trying to collect more cash so that i can get the certifictae
NMBO = Nore more bending over

I think u should get that degrees also

NMBO = No More Bending Over

ChiBondKing · Apr 7, 2006

Quote from ksonsinc:

Hey J mowery
Kool we both have the same degress
I am studing and reading more books and trying to collect more cash so that i can get the certifictae
NMBO = Nore more bending over
I think u should get that degrees also

NMBO = No More Bending Over

SLAD = Smile Like a doughnut!

OptionScreen · Apr 8, 2006

I'm afraid i have to ask Moderators to revoke you from your funny designations

Please someone with FRM, CFP,CFA, CAIA...comment which & why any of above should help their "TRADER" post?

If i understand well, CFA should take around back-breaking 3-4 years to pass along with 4 years practical experaince to become charter holder? what is easier other alternative to CFA?