I know this has been probably covered before, but I am From Ohio, United States, and I am interested in becoming a trader, I perfer the floor on the CBOT or NYSE, and buy a seat eventually
or Start a hedge fund or both
I saw that Raymond Dalio and Carl Icahn, and several others had broker/trader jobs
How do i get the experience to be taken seriously by firms? ANd how can I build a investment trading record as im working as a trader? and build client base working through a firm/bank/botique?
I believe Ray Dalio started on the floor. then he was head of the Commodities division at a firm..
It is the experience he recieved on the floor that got him the job as head of the commodities desk.. it is the relationships and the paper proof of successful trades that got his hedge fund started
and How do i find clients when im a trader? how do I find high net worth investors and of the likes?
and my major is a graduate tri-major Law/economics/computer science.
If i have my PhD in economics, will i be over qualified?
Whats the best way to get in the door?
some of these questions are rather dumb.. but i'd rather ask a dumb question than to not ask it at all.. at least ill know one way or the other.
First, you should go read to that JPM thread so that you know what not to do... but I'll assume you mean well and are serious:
As the guy above said, you are too late for this sort of a path. It no longer really exists.
But that doesn't mean you can't get a start. Not to state the obvious: but have you done on-campus recruitment? Have you tried applying for all the analyst programs on the sell side AND the buy side? There are still plenty of entry level jobs.
If you haven't, then go do it. If you dont' think you are competitive for whatever reason - then tell us, and we'll go from there.
Quote from Trademanstan:
I know this has been probably covered before, but I am From Ohio, United States, and I am interested in becoming a trader, I perfer the floor on the CBOT or NYSE, and buy a seat eventually
or Start a hedge fund or both
I saw that Raymond Dalio and Carl Icahn, and several others had broker/trader jobs
How do i get the experience to be taken seriously by firms? ANd how can I build a investment trading record as im working as a trader? and build client base working through a firm/bank/botique?
I believe Ray Dalio started on the floor. then he was head of the Commodities division at a firm..
It is the experience he recieved on the floor that got him the job as head of the commodities desk.. it is the relationships and the paper proof of successful trades that got his hedge fund started
and How do i find clients when im a trader? how do I find high net worth investors and of the likes?
and my major is a graduate tri-major Law/economics/computer science.
If i have my PhD in economics, will i be over qualified?
Whats the best way to get in the door?
some of these questions are rather dumb.. but i'd rather ask a dumb question than to not ask it at all.. at least ill know one way or the other.
Yeah, honestly, i dont think i am competitive, i have no trading experience, just books and internet.. even with learning how to form a hedge fund.. same thing books and internet.
I go to ohio state, transfering to stanford hopefully, and i'd love to find the companies that do campus recruitment..
I heard the CFA is a good start to merit experience, and trading at a prop firm..
but other than that.. what else can i do to get competitive edge
because the goal is to start a hedge fund or small partnership.. and i want the people to find me and for me to find the people
Yeah, honestly, i dont think i am competitive, i have no trading experience, just books and internet.. even with learning how to form a hedge fund.. same thing books and internet.
I go to ohio state, transfering to stanford hopefully, and i'd love to find the companies that do campus recruitment..
I heard the CFA is a good start to merit experience, and trading at a prop firm..
but other than that.. what else can i do to get competitive edge
because the goal is to start a hedge fund or small partnership.. and i want the people to find me and for me to find the people
doesn't ohio st has an excellent college career fair?