Head Spinning but Where to Start

Discussion in 'Professional Trading' started by JBrianC, Mar 11, 2016.

  1. There should be a FAQ for this.
    Graduate near the top of your class in a technical degree from a good university.

    Learn more about the requirements to work at :
    -trading companies (e.g. Jump, Teza, Gelber)
    -big commercials (e.g. Cargil, ADM, Glencore)
    -buy-side firms (e.g. hedge funds)

    Limited funds = poor use of time growing them, even if your investment returns are super good.
    Dollar cost average into a low cost index fund and focus on generating income through a career or business. Learn marketable skills. Then when you are financially free, you can dabble in trading if you like.

    Details = you don't know what you don't know. It's a very competitive industry, not a growing industry, and nobody is going to hold your hand. Qualify to join an established trading business or do something else.

    When you have the capital and the skills you can consider setting up for yourself. Do this in the wrong order and you're destined to become part of the food chain.

    If you want to stay a little longer at ET, at least read only people who are credible e.g.
    @garachen (owns a successful trading company)
    @nokomisjeff (has been trading for several decades; membership of at least three futures exchanges)
    @globalarbtrader (ex rates trader at an Ibank)
     
    #11     Mar 11, 2016
  2. Last edited: Apr 2, 2016
    #12     Apr 2, 2016
  3. J_Smith

    J_Smith

    #13     Apr 8, 2016
  4. Perhaps you could provide better value to the op then.
     
    #14     Apr 9, 2016
  5. J_Smith

    J_Smith

    Sure, but the odds are he will not listen, like most do!

    J_S

    Screen Shot 04-10-16 at 01.30 PM.PNG

    Screen Shot 04-10-16 at 01.44 PM.PNG
     
    Last edited: Apr 10, 2016
    #15     Apr 10, 2016