Hi guys, I would like to know where to start if I want to be a trader. For example, is it better to apply in a bank and a prop firm, or quite simply on my own with a brokerage firm. I have a bachelor degree in economics and I managed a familial portfolio during university.
Personally, I've always preferred to appear to be a trader, rather than actually trading. Men respect me, women grovel at my feet, and the hours are better.
Your own, because you will learn your lessons much faster. Managing some family portfolios is investing, not trading. Your B.A. will mean didly-squat to yourself, or the markets, when you are trading.
Many of the folks I know (me included) started buying equities/underlying as buy and hold investors, then graduated into swing trading and next branched out into other instruments, some day trade, others into futures, commodities or options. And most of us had a day job to start so trading part time to begin. It can be very rewarding if you approach it correctly. Of course you can join a firm and become a professional like many here on ET. You are young, time is on your side, choose wisely and be patient. Good luck.