and you've made your case. You aren't making any money. Thanks for your fruitful insight. Keep giving others "trading" and "life" advice when you yourself aren't even making money.
And adding a Software degree somewhere in there is even better..haha...I'm partial to it since that's what I have. But in all seriousness, I think having a software/math/finance background is probably the best possible combination if somebody does decide to go to school.
Um, no. There's just no point of traders proving them selves to investors. There's a huge knowledge disconnect, where traders have figured-out things that investors cannot even begin to imagine, and no trader in his right mind is going to waste his time trying to educate one of the "it can't be done" crowd. He'd have to bring him along like a child in preschool. I
But in all seriousness, I think having a software/math/finance background is probably the best possible combination if somebody does decide to go to school. Tradestrong, I agree with that. You should look into that MSFE degree, since you already know something about trading and have the software degree. It really is good practical stuff.
Yeah it's great, then he can automate his 20% yearly performance ... cool. It is more then that. It is the closest thing anyone will get along the lines to being "taught" how to trade... And it will only cost him like 25k.... that is probally less then going the self-taught way.
You got that right my man, the entry fee to the club for successful traders is very steep, and money is only one way to measure the cost. Good trading, I
Here's an example of one of my "preschool" investment maneuvers. No actually, I said "invest" to simplify what I do. My style is actually a hybrid. I take huge profits when they present themselves to me. I'm more of a "position" type trader. UYG 2007-11-27, 10:26:52 2007-11-30 41 39.509998 UYG 2007-12-10, 10:55:27 2007-12-13 -41 49.2500 Notice how close to the bottom and the top that UYG traded in that time frame. Pretty damn good if I say so myself. I actually have bought more down at the current levels. Silly me though. I don't know what I'm actually doing. Do educumate me on your paper trading.
Here are two links for everyone to check out regarding a MSFE degree: http://business.kent.edu/msfe/ http://www-finmath.uchicago.edu/new/msfm/home/index.php Personally I hated school and didn't even consider college. But I have respect for the MSFE degree. lol I dont think college is a requirement for success and especially in trading, however anyone who "wants to become" a trader, it would give you an edge to have a MSFE degree.