Steps for a career

It would be great if you will gain some experiences on the career that you are about to enter. It will serve as your foundation for your future job. Even though that you had learned it at school but it is much better to apply it in personal.
 
Quote from iTrade310:

Hi everyone,
I’m currently attending Columbia College here in NY. In a year I will be graduating with a bachelor’s degree in finance. I’ve been using a market simulator for the past couple years, since my only training is class knowledge. I’m looking for advice for the next move in the pursuit for a career. I want to apply to a broker firm, but I feel as if I need specialized training before I apply. Anyone who has been in a similar position I would appreciate advice. If so, I also was wondering what options I have for further training. Is there a reputable school? Is it better to find a mentor? Any ideas will be greatly appreciated
Thanks! -Justin

Lessons in classroom are very different from lessons learned in actual trading. For example, do you know what is trading expectancy? No serious trader should be without it. One day you will be doing paper tradings and analysis of your trading systems and you cannot analyze it using the generalized lessons from your college degree.

Indeed, specialized training is important. I found this good post about how to make trading a lifetime career that should immediately jump start about the importance of money management in trading.

It takes a lot of reading and since you have financial background, things won't be too hard. I started trading as an apprentice of a successful trader, most of the time I analyze the market trends and do some trade in paper. After that, I am confident enough to trade on my own.
 
Quote from jfranco:

Why do ppl think trading has to the with math and science? I failed algebra 2 in high school was not the smartest kid but now im 20 years old and im seeing some profits. But i think one thing that separates me is the time i dedicated to learning this technical analysis.

Thats great to hear, congratulations on your hard work and perseverence, keep it up !! ....2 thumbs up :)



You are right, you don't need a background in math and science, thats more for algo based software program development.
 
Quote from Mr Genius:

Warren Buffet disagrees with your notion. Being a successful trader has nothing with one's mathematics aptitude.

You got that right...

Makes me laugh when I hear the "know it alls" on this site pushing the mathematics variable around. PURE HORSE-SHIT

Gimme a homeless man with a desire to learn and learning basic skills in understanding human emotions of greed and fear and I can train him to out trade most if not all, the so called math prophets in here.
 
Quote from emg:

Best answer in this thread. This is an example what why trading firms rather hire grad with math degree instead of finance. In today trading world, we are going into pure logic vs 20 years ago.

Think about this. during the 1950-1980s, we didnt have algor, bots, black box, high speed internet. More than 90% of trades were done by phone.

In today world, more than 90% of trades are done by computer. Those that are pursing finance degree will land them a sales job and will expect to cold call like those movies (boiler room, wall steet, glengaryglenrose, etc). Those that purse math and computer sciense degree will land them a trading assistant job in the beginning.

naifwonder has the best answer. Good Job!

PS.

I will be using your quote under your name to teach more than 90% of losers what is trading all about.

You are CRGARCIA arent you?.....or his ignorant twin brother ?
 
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