Tips on how to succeed 4 wannabe Prof. Traders??

Discussion in 'Professional Trading' started by justme100, Sep 21, 2008.


  1. very funny but true.
     
    #11     Sep 23, 2008
  2. You dont need to be ''a boffin'' or ''interlectual' as its called sometimes to become good at trading... lol

    The opposite often, as boffins will rely way to much on their normal education and ways that they studied normal subjects, and think that that alone will make them money in trading.


    Trading is actually more physical... lol :D

    You dont even need to use your brain, but you gta get yourself up early every morning, sit infornt that comuter and watch the screen all day, and even if you dont use your brain you have to atleast use your eyes and just watch the patterns in relation to S&R levels and start from there.
     
    #12     Sep 23, 2008
  3. yayt

    yayt

    The above, and what NeoRio1 and Sniemec said are the most honest and truthful replies here I think.
     
    #13     Sep 23, 2008
  4. so what happened here?
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    while at the same time setting up and running my own shipping company
     
    #14     Sep 23, 2008
  5. In my view , IBs and bank traders are crap at trading in the direct sense , if I was going for a MBA Mf nowadays , I would go straight for the Hedges and F the wankers I mean bankers.

    Check out IASG hedge rankings - show me how many bank traders there are in top 50 , not 1 I believe .


    for the last 3 years

    http://www.iasg.com/ReportsTools/RankingReports/tabid/103/Default.asp

    Amazing how people still think Banks are great traders.

    There's a big difference btwn direct trading and trading by MM and Front running / OTC network BS with billions of depositors $.
     
    #15     Sep 23, 2008
  6. You might land a job as a Unit Trust manager but as for trading......it doesn't give a damm about what degree you have.
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    I am about to start my Masters in Investment & Finance at Exeter Uni. I would appreciate help from users of this forum.
     
    #16     Sep 24, 2008
  7. if I were you - forget Exeter , save your cash try for something better like in the US.

    Then come back and try .
     
    #17     Sep 24, 2008
  8. Dude your giving us young people a bad rep. First of all why would you be giving advice on something u have no clue about, finishing a finance degree... second, you gotta use ur brain to wipe that crust off ur ass not to mention 'everything else' but you say trading doesnt require using ur brain... third, if ur barely puting 2 meals on the table for yourself(which shouldnt be much food since ur brain doesnt function ur body uses less food for energy) then maybe u dont trade at all. oh and that shipping company... why dont u include the bills of that company/business to ur stated monthly expenses? BTW, the reason people take up trading is to have more then just bills and pocket change, the ones that barely make it, QUIT. OP asked about college and trading profesinally, ya.... STFU and let the experienced traders talk.
     
    #18     Sep 24, 2008


  9. LOL

    sorry kid but go and learn how to earn before speaking to me!! lol
     
    #19     Sep 24, 2008
  10. Actually, that is exactly what I'm doing.
     
    #20     Sep 24, 2008