If you aren't good enough to trade full time now what makes you think you will be in 5 years?
Be careful with Robert Half, those guys post fake jobs to build their resume database. I would also be willing to bet that "assistant trader"...
because he's not a good trader, he's looking to learn!
You should do some research and pinpoint exactly what type of trader you want to be. Basically at a hedge fund there are a couple types- portfolio...
It's not as easy as it sounds to just go out there and get on a desk. There are plenty of guys who have finance degrees AND many years already on...
Well after a third call to them this morning I couldn't get anymore information so I guess I'm going to move my account because I'm losing...
And what answer would that be? I want to stick with IB, I actually have another account that I manage there with a much larger amount of money...
I opened a cash account at IB about a month ago and just requested an upgrade to margin and was denied. They read me a form letter saying that I...
Many of the smaller traders are short term, but I wouldn't call them day traders. The bigger PM's at the fund tend to be position traders who...
SAC trades alot but they are so big now that most of their positions are longer term. Doesn't stop them from trading actively around many...
Sometimes it can be as simple as a sloppy broker working a large order for a client.
It wasn't bad by any means but my past two months have been pretty big, so comparatively, yes, it was the crappiest week in a month!
Downgrades are such BS...the analysts have NO IDEA what they are talking about. So you're telling me that I should sell but you expect the stock...
Right now SKF is a great trade below 117 but you need to have guts due to the volatility in the financial sector. You might buy at 117 and be in a...
street account and bloomberg work pretty well.
Having a stop that close is nice in theory but what are the chances that you are going to catch the trade at the perfect time? Even when I'm...
It's not a job, its a prop firm. You put in a deposit and that covers training and any losses you might have. Basically they provide you with...
updates on order flows coming through the desk, news, analyst comments, general sentiment on the trading floor, etc. The most important thing that...
There are a few traders in there who make markets but the majority are salesmen who are taking customer orders, matching up clients to take...
Yeah because if you are a trader to whom buying stock for a trade means 1mm+ shares and you put this order into the market it is going to run...
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