Criteria for Hiring a Trader?

Discussion in 'Professional Trading' started by Cre8UrF8, Dec 18, 2005.

  1. I have been hiring traders for 10yrs, I can tell you who makes it and who makes the best candidates:

    Someone who:

    *is willing to learn ( most aren't)
    * understands they are opening a business, not a get rich quick scheme (and they convey this in an interview)
    *is willing to get a part time job for the first few months.
    * self confident but not arrogant (98% of inexperienced arrogant traders think they have trading figured out in a week, then subsequently quit after 6 weeks when they realize "reading a few books" doesn't make them a better trader the way it made them a better student). You should read books, but no matter what, you still need "screen time"
    * has a track record of willingness to work hard.
    * doesn't flinch when you tell them to they will be working 8am - 5:30pm
    * conveys a competitive spirit or desire to not like losing.
    * a college degree helps, but is not a pre requisite, a burning desire to learn a craft is.

    Obviously not a complete list. I can tell you one thing to absolutely NOT say if you are interviewing for a job as a day trader - " I made money investing, now I want to day trade." Investing and day trading are two very different animals.

    DTP
     
    #31     Dec 27, 2005
  2. ellokn

    ellokn

    A clear mind and brutal honesty is required.
     
    #32     Dec 27, 2005
  3. zdreg

    zdreg

    Thunderdog


    Registered: Aug 2002
    Posts: 1586


    12-20-05 11:22 AM

    Quote from ChiBondKing:

    For the other BURNING DESIRE TD

    http://www.preparationh.com/
    obviously you are not suited to be a urologist:D
     
    #33     Dec 27, 2005
  4. theSnaggle

    theSnaggle Guest

    This would be about 90% of the applicants, IMO.
     
    #34     Dec 27, 2005
  5. zdreg

    zdreg

    how do you know that they don't like to lose?
     
    #35     Dec 27, 2005