Should I go to college before becoming a trader?

Discussion in 'Professional Trading' started by Player01, Jan 9, 2013.

  1. My advice would be find a vocation or career you are interested in(besides trading) of course it can be finance oriented.

    save up enough money for an IB account deposit, buy an index fund or etf and papertrade to your hearts content for about 10$ a month.


    an alternative might be http://www.tradingsimulatorsoftware.com./
     
    #21     Jan 9, 2013
  2. emg

    emg



    yes, u should go to non profit university/college and get a math and computer science degrees. study the chart below


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    what u don't want to do is begin your trading career as a small trader. u will lose, keep losing, constantly reloading your account or accounts, and giving so called educational vendors free money claiming they are a true professor


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    Higher Education is the key to become a successful trader!

    Higher Education!
     
    #22     Jan 9, 2013
  3. emg

    emg

    #23     Jan 9, 2013
  4. Sounds perfect.

    Did you see that Alabama quarterback?

    Routewise, you will meet a wealthy southern young woman at a sorrority beauty contest Skip the condoms. Tell her wealthy dad you know marketsurfer and you are going to name the coming baby after her dad or his wife. The middle name will be Goodsomething. Give his wife a very close look.

    We will all send you ATS's on discs as wedding presents.

    It will be fun to take your 5yo to your MBA graduation. And you inherit the dad's business and trade and trade and trade (Use a cell phone wherever you are recreating)
     
    #24     Jan 9, 2013
  5.  
    #25     Jan 9, 2013
  6. Study any of the "hard" sciences.... Math, Physics, Chemistry. Should help you develop analytical thinking abilities... all applicable to the markets.
     
    #26     Jan 9, 2013
  7. He got one of them at NYU from Derman and the others in Santa Fe from Bass.
     
    #27     Jan 9, 2013
  8. lassic

    lassic

    yes
     
    #28     Jan 9, 2013
  9. zdreg

    zdreg

    college is not for picking up women. college is for picking the brains of your professors. if you don't have that skill and desire college is a waste of time.
     
    #29     Jan 9, 2013
  10. Pekelo

    Pekelo

    Probably but let's look at the other side: What is the 5 years return of HFs compared to the market?

    What is their 10 years survival rate? I would bet it is pretty close to under 10%, so one can argue that all those education, extra information, research and employing really smart (and educated) people didn't help them.

    So why waste money on education when you can just go long the index and chill????
     
    #30     Jan 9, 2013