So, I had a post from a couple years ago that basically asked the same thing.
After college I worked at a minimum wage job to rebuild my trading losses from college. I improved tremendously since my blow up and managed to quadruple my account in a few months. I then found work at another firm that paid better, but there were a number of things in that firm that I was not comfortable with (legal issues, etc).
This year my account is up around 80%, and I'm still trying to refine my approach to trading and risk management. It is a mixture of fundamental, some technical, and sentiment. I'm a contrarian, and like to position myself against the crowd if the risk/reward is good. It seems like I hold my trades anywhere from a few weeks to a month. Position sizes range anywhere from 5% to 20% of my capital.
I've reached out to different people in hedge funds and prop trading. A former poker player-turned hedge fund manager told me that I should focus on getting really good at a skill outside of trading in order to stand out from the pack. He got into the industry via poker, and I guess he hinted that maybe I should try poker. Aside from that interaction, most of my efforts have led nowhere.
It seems impossible to break into this industry...
After college I worked at a minimum wage job to rebuild my trading losses from college. I improved tremendously since my blow up and managed to quadruple my account in a few months. I then found work at another firm that paid better, but there were a number of things in that firm that I was not comfortable with (legal issues, etc).
This year my account is up around 80%, and I'm still trying to refine my approach to trading and risk management. It is a mixture of fundamental, some technical, and sentiment. I'm a contrarian, and like to position myself against the crowd if the risk/reward is good. It seems like I hold my trades anywhere from a few weeks to a month. Position sizes range anywhere from 5% to 20% of my capital.
I've reached out to different people in hedge funds and prop trading. A former poker player-turned hedge fund manager told me that I should focus on getting really good at a skill outside of trading in order to stand out from the pack. He got into the industry via poker, and I guess he hinted that maybe I should try poker. Aside from that interaction, most of my efforts have led nowhere.
It seems impossible to break into this industry...
