| Topic Name: |
Trading careers |
| Message Name: |
trading |
| Date Posted: |
01/17/2002 |
| In Reply To: |
How does it work
Author: heels
Date: Jan 16, 2002 3:41 PM EST
I am currently a financial analyst who focuses on profit modeling and valuations for a small consulting firm, but my true love is in trading stocks. I almost feel guilty, because I spend so much of my day watching the markets and planning my next trade, and I end up working ridiculous hours after the markets close to actually do my own work. But I have found that I have a strong talent for picking and actively trading stocks, and I have turned my original $2,000 investment into $2,950 in less than three months of trading. I know that my skills would benefit any employer, and I believe that my resume could get me in the door somewhere (solid GPA at a top 20 school w/ 1-yr finance experience), but I just don't know how a trading career works. Can someone tell me how those careers begin, and what they are like. If it is impossible to get started with a major firm, are there other alternatives as well? Thanks so much for any advice, comments |
| Message: |
You can start by getting in as a trading assistant on Buy side or equity analyst on sell side...sounds like you want to be a 'position trader' and not a regular trader. Regular traders fill orders and do not trade for firms just so you know and they useally bench themselves to VWAP Volume Weighted Average Prices. Trading does not make as much money as Research just so you know...at least on the buy side.
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