Then obviously you didn't watch it. He mentions that he left many years later after having been Citi's top FX trader up to 2014.
Watched it yesterday. I've seen a couple of his youtubes, but this was much better. Kid is smart, worked hard, got lucky, and kicked ass. It's an underdog story and I can relate to the guy. That said, he does have Oxford and LSE degrees. Not surprised that to win his trading game his strategy was to "bully the price".
oh i posted also today this video in "books you are currently reading", I would like to know if someone bought his book " the game of trade", and is catchy enough to be read by the way he has a youtube channel with video like this
In 10 years (or even sooner), most of these bankers will end up like the pit traders thanks largely to AI.
Nah. a good banker is worth their weight in gold. There will always be a pipeline of bankers to find those good bankers. the pit analogy doesn’t work because pits survived on a built in inefficiency
Agreed. All the "trading" against clients can and probably already had been done. I spoke to a few big banks and they said we want to reduce headcount. This was 5+ years ago