Prop Firms in NYC with salary, free training, and no programming experience necessary

Quote from Albert Cibiades:

Writing stupid is a fine art. Voltaire did it well. Winston Groom (Forrest Gump) was a master. From the beginning the sheer illogic and obdurate obtuseness verging on obtusity nagged at me. Now I am spellbound.

Agree 100%. John Kennedy Toole comes to mind, though the writing was brilliant.
 
Quote from newwurldmn:

You should go for the best you can get. But for anyone to take you seriously you have demonstrate intelligence, work ethic, and likability.
The third is probably not an issue. How will you demonstrate the first two? Saying you are smart and hard working isn't enough.

I agree. I think that number 2 will be the toughest for me to demonstrate, because as other people have said there's a lot of hungry people out there who have done more than me.
 
Quote from kmgilroy89:

I agree. I think that number 2 will be the toughest for me to demonstrate, because as other people have said there's a lot of hungry people out there who have done more than me.

Number 1 too. Your academic credentials put you at a significant disadvantage.

And this is for your resume so you get an interview. And then secondly for the interview itself.
 
Quote from newwurldmn:

Number 1 too. Your academic credentials put you at a significant disadvantage.

Yeah, academics could be a problem. I think that I can demonstrate intelligence in the interviews by doing the brainteasers. They weed out a lot of people who are mediocre at math. It's simply my lack of credentials in general that are going to hurt me and possibly not even give me a chance at an interview.
 
Quote from kmgilroy89:

Yeah, academics could be a problem. I think that I can demonstrate intelligence in the interviews by doing the brainteasers. They weed out a lot of people who are mediocre at math. It's simply my lack of credentials in general that are going to hurt me and possibly not even give me a chance at an interview.

You aren't really giving anyone a reason to bring you in.

I get the sense you watched a tv show and decided this is what you want to do. You don't really know what is going on or what the industry is really about.

You have to figure this out and then comeback with a real plan.

Figure out how to give yourself an edge, that's what trading is all about and that's what everyone else is doing.
 
Quote from hilojack:

Agree 100%. John Kennedy Toole comes to mind, though the writing was brilliant.

Thank you for that reference. I would be embarrassed to say that Toole is new to me, except that where I am from we would never have have considered any Loozianian literate. Miss'sippi was as low as we could allow.
 
Quote from hilojack:

The advice I am trying to give you may be the most important of all, its called a REALITY CHECK.

Let's see:

1) you went to a third tier school yet apparently have some math aptitude? Sounds like under-achievement to me. There is only one acceptable answer for me (not going to tell you what that is) for not going to a better school. Remember, if your resume somehow slipped through the cracks and you were granted an interview that would be the first thing I ask. At least the ivy league punks show some record of achievement.

2) You have no clue about trading nor have you done any research about. First thing you've done is come here and ask everyone else to tell you what to do. again-- tells me your lazy.

3) Doesn't sound like you are willing to do what it takes to succeed. I need a salary, I need someone to invest in me. Frankly, you should be paying everyone here for doing your homework for you.

4) You don't feel like learning to program. Is anyone else seeing a pattern here?

I could go on and on but hopefully you get the idea. This is not a flame, this is life. You wouldn't last 2 seconds in my interview and I would probably fire the person who granted you that interview for wasting my time.

The last guy we hired straight out of school (no previous jobs) came from a top 10 school, showed us 3 years of unsuccessful trading track record, is working for peanuts, now lives in a 2 bedroom apt with 6 guys here in NYC (they sleep in shifts) and apparently bribed another guy here who introduced him to the firm-- (smart guy got 2 finders fees LOL). He does so much bitch work from getting lunches, dry cleaning, making reservations, compiling music, writing programs and otherwise making our lives easier that we just may let him trade some live money soon.

Do you see the difference between this guy and yourself?

My guess is probably not.


The above post is right on the money. Brutal truths. I love it.



My nickel to the thread:

You bring nothing to the table.

PDE class at UConn is not the same as the PDE class at an Ivy.

At an Ivy, PDE is taught by some renowned mathematician who might be a Nobel laureate some day. Point is that it is a motherfucking hard class where your brain will fry and melt. It was fucking hilarious b/c some of the questions couldn't be solved. As long as I got the method right, I got full credit.

Plus, you got ferocious competition from top students from the US AND the world. You might go against some Chinese dude with a 200 IQ or some Russian dude with a 200 IQ. These Asians study all day and grab most of the A's. During finals week, these Asians don't sleep. No joke. What's fucking scary is that I knew a few Asians who got straight A+'s in one semester taking honors courses. Honors courses at an Ivy. Fucking crazy.

I once interviewed with a hedge fund and he added .5 to my GPA to calibrate it with other non-Ivy GPAs. I laughed. That interviewer knew his shit. Actually, I would add at least 1 point. 4.0 at a non-Ivy is like 5.0+ at an Ivy.

There's other shit that outsiders don't know but I have no more time to explain.

Ivy is not just a fucking piece of paper.


Ivy = battle ready.

UConn = basketball ready.


That said, if you really want to be a trader, don't let anyone stop you. Go for it.
 
Quote from kmgilroy89:

1. Uconn is ranked like 58th in the country and it's a top public school. Being a CT resident it was only $20k a year. So should I pay an extra $100k to take the same classes? I didn't even consider that at the time.
2. Coming on here says that I want to learn and hopefully learn quickly. If there are forums filled with traders and I want to be a trader why should I guess what to do when I can ask people with more knowledge than me?
3. Believe it or not, not everybody does everything for money. Some people actually want to help others. Many of them got help themselves and see it as giving back to where they came from. Not everybody is born a know-it-all like you.
4. There are different types of traders. Some program more than others. I said I'd be willing to learn how to program, but I don't want to be essentially a professional programmer.

You sound like a jealous, bitter old man. You bash my generation, because you did not have the ability to learn as quickly as we do. We live in the day where it's much easier to access information.



No no no no,.....

You are so green....

You are going to get your doors blown off....
 
Quote from kmgilroy89:

I know my school isn't the greatest, but it doesn't mean that smart people do not go there. There are also some idiots at Harvard. I just see my degree as something for HR to check off.


There might be idiots at Harvard but there are more idiots at UConn.
 
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