Can a Graduate Degree from Oxford U help me get a salaried position in trading?

Discussion in 'Professional Trading' started by FreedomPhighter, May 29, 2003.

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  1. Thanks for the reply. I think I will learn discipline in graduate school, the quality which I believe to be the most important to the sucessful trader. I have always known that trading is a very personal pursuit; it really is the trader versus the market. Something inside of me tells me that I was meant to be a trader just as something inside of me told me to apply to Oxford. Hopefully things will work out and I will have my cake and eat it too (i.e. graduate from Oxford and succeed as a trader)

    Thanks again for your positive response. I appreciate it
     
    #121     May 29, 2003
  2. It's funny, even though I wasted a lot of time on here today,I STILL found time to visit my regular porn sites....


    I still regret the wasted time on this forum. I could have been studying up on logic or something as preparation for the fall (as my academic advisor suggested) or finalizing my loans.

    Do I regret the time I took to look over the porn sites? not really cause at least I wasnt' getting fucked every which way as badly as I was on here. You guys really gave me a bad headache today. Congratulations. I hope you accomplished what you wished...
     
    #122     May 29, 2003
  3. you failed to respond to my assertion that what you stated on this forum was DEAD WRONG. the replies which you claim to be the first and second responses to my post are in fact NOT first and second responses. My original post posed a question. I am sure if members of your team with PhDs had similar questions, they would pose them and therefore reveal their educational backgrounds. I don't claim to be the typical oxford guy so I am glad my personality doesn't match with the typical Oxfordian. You should really admit that you were wrong in assuming that I called elite trader members assholes for no reason.
     
    #123     May 29, 2003
  4. bozwood

    bozwood

    "I could have been studying up on logic or something as preparation for the fall (as my academic advisor suggested)"

    I suspect your advisor will not be the only one after today. Sorry, couldn't resist.
     
    #124     May 29, 2003
  5. I lash out at anyone who lashes out on me. bottom line!! I don't need to brag, I know the extent of my abilities (do you think Oxford is the only school I got into?).

    Peace
     
    #125     May 29, 2003
  6. JT47319

    JT47319

    You basically had two part questions.

    1) Would going to Oxford help you get a salaried position in trading?
    Answer: No. It may look nice on the resume, but like I stated before, both the degree and institution have very little to do with trading. You assume that "getting discipline" will help you as a trader. That is true, but trust me, college imposed discipline versus the ice cold water needed to run through your veins when the market goes limit down/up against your position is vastly different. Greed and fear are what kills trader. Plop +$1000 in your account and play the market. Forget commission costs and hammer away with 100 shares (or an e-mini futures contract) and see if you can actually build a Reward-to-Risk Ratio greater than 2. Now, you may actually be able to make contacts at college with people who might point you to the right firm and introduce you to the right people, but that's different.

    2) What firms offer salaried positions as a trader?
    Answer: There are some, but not many. And most require experience of some sort. Actual firm names, I believe, has been addressed by others including Don Bright.

    College will not prepare you to trade. Going to Oxford will not prepare you to trade. Getting a degree will not prepare you to trade.

    ONLY TRADING WILL PREPARE YOU TO TRADE. You already had a start on this with your four month stint. Only with winning and losing, wrestling with your inner demons, grappling with fear as a position goes against you or greed when it goes with you, THAT will prepare you. Not college, not Oxford, not studying mathematics or economics.

    Only by following the market daily will you be prepared. Keep a theoretical/paper account if you do not have the money to trade. A hiring manager might even look at it, though it won't matter much in all likelyhood as to his decision.
     
    #126     May 29, 2003
  7. Okay then. Hope you enjoyed that...lol
     
    #127     May 29, 2003
  8. Thanks. I appreciate that
     
    #128     May 29, 2003
  9. Suggest you change your major to anthropology.
     
    #129     May 29, 2003

  10. I prefer the more cerebral intensive courses of study. Thanks though
     
    #130     May 29, 2003
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