What is the largest hurdle to become a career Trader
- Thread starter ben 12
- Start date
hi... CAPS ARE TABOO in online forums but it doesnt bother me 
the biggest hurdle in being a career trader is that it is very hard to extract consistent profits from the market.
the easiest way to start a "hedge fund" is to get the series 3 license and register as a CTA and introducing broker... if you have a managed futures program and are trading money for 15 people, you basically* are running a HF
the biggest hurdle in being a career trader is that it is very hard to extract consistent profits from the market.
the easiest way to start a "hedge fund" is to get the series 3 license and register as a CTA and introducing broker... if you have a managed futures program and are trading money for 15 people, you basically* are running a HF
1. Build a trading system and demonstrate it's edge in the real markets with real capital. You can use a $10K retail account if it will accomodate the strategy. Don't bother shopping simulated back-tested results around to trading firms. Trading managers want to see real capital at work; the amounts risked are not that important if the strategy and instruments are scalable.
2. Go to a top-5 business school and angle for an elite type of summer intern job posting (if you can find it) between your first and second years.
2. Go to a top-5 business school and angle for an elite type of summer intern job posting (if you can find it) between your first and second years.