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Prop Firms in NYC with salary, free training, and no programming experience necessary
- Thread starter kmgilroy89
- Start date
(sorry) but had to laugh at the above, LOL.
Don
Don
Quote from hilojack:
Different strokes for different folks, I guess. No I am not Ivy but I don't begrudge those who are. My experience has been that those just below Ivy try harder now because they saw just how close they could have been and now are kicking themselves for decisions made at age 17 or 18.
For most Ivy leaguers, the college experience may have been the pinnacle. (My good buddys' claim to fame is that he got tit off of Matt Damon's ex who is now married to the guy from metallica. But he can't trade his way out of a paper bag)
I don't think there is any school that can teach trading.
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.
Frankly, I think all these brainteaser interview questions are overrated.
If I were an interviewer, I would not put a lot of emphasis on them. There are more important qualities that make a trader than intelligence.
Of course, you gotta be smart but intelligence is not priority numero uno on my list.
You could be a guy from MENSA but not trade well. Ironic huh?
Dunno why society thinks intelligence = success and wealth.
Quote from SteveNYC:
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.
People with IQs of 200 are far and few between and I know for a fact that they do not make up a large portion of the trading industry. It sounds like you are just thoughtlessly throwing random numbers out there. Do you have anything to back any of this up? Please give me an example of what an average Harvard student could do in his head that separates them from us simple state school folks to the point where you need to inflate their grades even more then they are already inflated.
Quote from kmgilroy89:
People with IQs of 200 are far and few between and I know for a fact that they do not make up a large portion of the trading industry. It sounds like you are just thoughtlessly throwing random numbers out there. Do you have anything to back any of this up? Please give me an example of what an average Harvard student could do in his head that separates them from us simple state school folks to the point where you need to inflate their grades even more then they are already inflated.
Harvard guy or an Ivy guy for that matter thinks differently. Heck, I would bet that he shits and wipes his ass differently also. No joke again.
Enough said. Sorry, no time for a longer and a better answer.
Your mentality and attitude is not ready for trading.
That said, don't let me or anyone stop you from pursuing your career as a trader. By all means, go for it. Good luck.
Quote from SteveNYC:
Harvard guy or an Ivy guy for that matter thinks differently. Heck, I would bet that he shits and wipes his ass differently also. No joke again.
Enough said. Sorry, no time for a longer and a better answer.
Your mentality and attitude is not ready for trading.
That said, don't let me or anyone stop you from pursuing your career as a trader. By all means, go for it. Good luck.
Trading is all mathematical to me. It's emotionless. It's logic, probability, and statistics. It's a game that's constantly adjusting and you have to adjust. I think you always have to explore and change your methods when you have a good reason. The number one priority is to control risk so you don't go broke. The number two priority is to maximize profits. Are firms looking for something else? This is what I want to do and I want to do it like a champ.
And you state, "Your mentality and attitude is not ready for trading". So does that Ivy League thought process that you so highly speak of involve making assumptions and pretending they are fact?
Quote from Traveler:
Why are y'all so hard on the kid? If his credentials are less than stellar than that just means he's going to have to work harder than everyone else.
I've had people attack me in threads only to PM me and say...look I know I was being tough, but this is a tough world and then actually give me solid advice. I don't really understand it. I'm not interested in whose the toughest guy on these forums. I just want to learn as much as I can so I can make correct decisions. I've been on these forums a short period, but I have gotten great insight, logical advice, advice filled with logical fallacies, information with evidence, and unsupported statements that look 100% made up. So it seems to be a mixed bag on these boards. I try to take each post independently.