SwiftTrade Campus

kwancy · Mar 9, 2006

By the way, for anyone who wants to know more about Hamilton, ask MNX. He is the guy who cashing in the Hamilton branch, please kindly share MNX. Thanks.

kwancy · Mar 9, 2006

Quote from lokkeilaw:

The Hamiton guys are making that amount. I don't work in that office but I know. However, the turnover rate at Swift Trade is high and the Hamiton results are abnormal. There are plenty of losers at Swift Trade who don't make the cut and whines like a baby wah wah....

I would give it a try. You got nothing to lose since all losses are covered by the company. If you tried and failed, don't feel too bad. I observed that approimately 4,5 people out of 10 can make the cut.

4,5 people out of 10?? I don't think so Lokkie, both your class and my class did not hit that percentage. You, Eddie, Mark stay and then the rest are gone, Teddy, Lukasz and I stay and then the rest are gone. The rates are even lower for the latter classes (roughly 1 or 2 out of 6, and we still cherish John). But you are right, why not give it a shot Amanda??!!

vl_86 · Mar 9, 2006

amanda may i ask you what your current educational background is? and how you got the job offering?

because i am currently going to a college (2nd year) but my gpa isnt that great around 3.2ish? and there is a swiftTrade locatoin here in vancouver, but the thing is i know completely nothing about trading and i am willing to dedicate my time to learning it even if i dont make a single penny

kwancy · Mar 10, 2006

Quote from vl_86:

amanda may i ask you what your current educational background is? and how you got the job offering?

because i am currently going to a college (2nd year) but my gpa isnt that great around 3.2ish? and there is a swiftTrade locatoin here in vancouver, but the thing is i know completely nothing about trading and i am willing to dedicate my time to learning it even if i dont make a single penny

Trading has NOTHING to do with your education!!!
You do not need to have say an MBA to get into Swift too. The company hires some high-school graduates.
Dedicate your time to learn?!! you sure about that? Besides, it is not that your willingness to learn is the only factor in trading. Personal characteristics, your trading potential...etc also play very important roles.

lokkeilaw · Mar 10, 2006

Quote from kwancy:

Trading has NOTHING to do with your education!!!
You do not need to have say an MBA to get into Swift too. The company hires some high-school graduates.
Dedicate your time to learn?!! you sure about that? Besides, it is not that your willingness to learn is the only factor in trading. Personal characteristics, your trading potential...etc also play very important roles.

I observed some awesome traders with high school dipolmas as their highest education. Ironically, there were people with MBA, masters degree, CFA II, etc who tried and never make the cut. Scarfy is right about the %, I revised it to 2,3 out of 10. Willingness to learn is great. To "learn" in this business means to get punished by the market and the willingness to accept mistakes.

amanda · Mar 11, 2006

I think I will be working there.

However, does anyone know if people can trade CME in that office? it seems all people there are trading nyse

MasterRaistlin · Mar 11, 2006

They have a few CME products available to trade. ES for sure. I'm not sure about the other ones. You'll have to ask the branch manager.

bonds · Mar 11, 2006

Are they still paying out 20% there?

Kastro_316 · Mar 11, 2006

Quote from lokkeilaw:

I observed some awesome traders with high school dipolmas as their highest education. Ironically, there were people with MBA, masters degree, CFA II, etc who tried and never make the cut. Scarfy is right about the %, I revised it to 2,3 out of 10. Willingness to learn is great. To "learn" in this business means to get punished by the market and the willingness to accept mistakes.

Most People who have MBA's, PhD's, and other education that requires a great number of years in school often have a false sense of intelligence. In some careers if you have an MBA or PhD, you will make oodles of money, but when they attempt to do something related - as in trading - most of the time they fail. They think there education will save them in regards to trading, but it often kills them.

For you people with MBA's and PhDâs, I am not trying to take anything away from you at all. I am sure you are all well respected in your fields of study.

-Kastro

freemoney2000 · Mar 14, 2006

How do fresh high school graduates get into trading in the first place????? Don't swiftrade have any criterias in hiring people? such as a degree requirement or a diploma. Sounds like it's easier to get into swiftrade than working for a burger joint.