If you want to get into trading your best bet is to make a move into a technical position. Check out OMS and EMS system providers or an electronic exchange (about 15-20 firms popping up in Europe dealing with IML within European exchanges). There arenât too many traders out there anymore as most traders are actually programmers.
Go a different direction. Trader jobs are disappearing fast so you will have zero opportunity of moving up. I think you should choose a different path altogether.
geririchard, you sound exactly like elricardo from www.elricardostradingroom.com that is now closed. You use to operate on paltalk. Name was Richard Gerard and you called yourself elricardo. Your paltal room was very busy. Lots of people. You open up shop some other place? Where is your new trading room?
What? That's not true. Most traders are still not programmers. Programmers and IT is the support for a trader. A trader provides his ideas to the programmer. Even in IBs, programmers are "support" and not actual traders that come up with strategies.
I don't care how intensive it is, you will not learn to make money in 2 weeks of training. You can spend two weeks with a head trader from GS, Steve Cohen or George Soros and you will not learn how to make money in such a short time.
why anyone with 3 years of trading experience would want to work for someone else is beyond me - unless that person has no real trading experience and was just wasting time for the 3 years? if you are any good at trading at all then you will know that $1.5K to $2k per day is not that hard at all -providing you can actually trade of course - and this is with a $30K account and $120K buying power! if you do not have $30K then why not borrow it from family and give them the % cut instead of giving it to someone else? of course you must first have a sound family background where there is mutual trust, understanding and respect - something that seems to be very rare in this day and age! just another way of making it as a trader of course - and some might be surprised at how easy it can really be if you have your head screwed on and are not fooled by all of the rubbish put out by the spin doctors!!
Seems to me that if you dazzle them at JPM good things will happen. It is often impossible to predict specifics yet surprisingly easy to predict broad outlines. Go to JPM and work your ass off ... days, nights, weekends. Be the guy that finishes up one last thing Christmas Eve and New Year's Eve while everyone else is rushing out the door. Work harder than you ever dreamed possible. At first it won't mean much but over time you will out learn most everyone else and that is when it begins to pay off. Once your knowledge and work ethic are clicking in tandem people will notice. And it is the smartest people who will notice and want you on their team. At each decision point worry less about the $$ and more about the size of the opportunity. The opportunity to learn. Learn so damn much that those around you begin to turn to you for your knowledge and expertise. The cream really does rise to the top. Be the cream.