You Can't Trade Without A College Degree!!

Quote from tradestrong:

If that makes you feel more powerful....stroke your ego.

I'm still waiting for you to say that you're making a lot of money trading. Tell me you're making more than my "investing".

I've averaged between 15-20% during "boring" investing the last 5 years. What's your track record over that time frame. C'mon....put me in my place. Tell me the big-time trader that you are.
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LOL, thanks for the info, I really appreciate it.

You've made my case for me. :p

Have a nice night.

I
 
Quote from Icarus5:

LOL, thanks for the info, I really appreciate it.

You've made my case for me. :p

Have a nice night.

I
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and you've made your case. You aren't making any money. Thanks for your fruitful insight. Keep giving others "trading" and "life" advice when you yourself aren't even making money.
 
Quote from Frank Thomas:

90% of trading is now "Financial Modeling and Black Box Trading". Which require not only a degree in Finance but a degree in "mathematics"

EMRGLOBAL,

The MSFE degree is good stuff, really good stuff. But trading is trading. Goldmans Quant Funds have gotten killed since august. Floor traders cant make it if they dont adapt to the market and nether can quants. Markets are becoming more and more efficient, so the more edge a person can have (quant background)the better they are positioned.
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And adding a Software degree somewhere in there is even better..haha...I'm partial to it since that's what I have. :D

But in all seriousness, I think having a software/math/finance background is probably the best possible combination if somebody does decide to go to school.
 
Quote from tradestrong:

and you've made your case. You aren't making any money. Thanks for your fruitful insight. Keep giving others "trading" and "life" advice when you yourself aren't even making money.
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Um, no.

There's just no point of traders proving them selves to investors. :cool:

There's a huge knowledge disconnect, where traders have figured-out things that investors cannot even begin to imagine, and no trader in his right mind is going to waste his time trying to educate one of the "it can't be done" crowd.

He'd have to bring him along like a child in preschool.

I
 
But in all seriousness, I think having a software/math/finance background is probably the best possible combination if somebody does decide to go to school.

Tradestrong,

I agree with that. You should look into that MSFE degree, since you already know something about trading and have the software degree. It really is good practical stuff.
 
Quote from Frank Thomas:

I agree with that. You should look into that MSFE degree, since you already know something about trading and have the software degree. It really is good practical stuff.
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Yeah it's great, then he can automate his 20% yearly performance ... cool. :)

I
 
Yeah it's great, then he can automate his 20% yearly performance ... cool.


It is more then that. It is the closest thing anyone will get along the lines to being "taught" how to trade... And it will only cost him like 25k.... that is probally less then going the self-taught way.
 
Quote from Frank Thomas:

It is more then that. It is the closest thing anyone will get along the lines to being "taught" how to trade... And it will only cost him like 25k.... that is probally less then going the self-taught way.
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You got that right my man, the entry fee to the club for successful traders is very steep, and money is only one way to measure the cost.

Good trading,

I
 
Quote from Icarus5:

Um, no.

There's just no point of traders proving them selves to investors. :cool:

There's a huge knowledge disconnect, where traders have figured-out things that investors cannot even begin to imagine, and no trader in his right mind is going to waste his time trying to educate one of the "it can't be done" crowd.

He'd have to bring him along like a child in preschool.

I
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Here's an example of one of my "preschool" investment maneuvers. No actually, I said "invest" to simplify what I do. My style is actually a hybrid. I take huge profits when they present themselves to me. I'm more of a "position" type trader.

UYG 2007-11-27, 10:26:52 2007-11-30 41 39.509998
UYG 2007-12-10, 10:55:27 2007-12-13 -41 49.2500

Notice how close to the bottom and the top that UYG traded in that time frame. Pretty damn good if I say so myself. I actually have bought more down at the current levels.

Silly me though. I don't know what I'm actually doing. Do educumate me on your paper trading.


:D
 
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