Recent content by TreeTox

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    Why would anyone want to have a quant career instead of a trading one ?

    Grant - you've read my mind. Indeed, when I went to the interview for this position I've just been offered, they asked me about all this stuff that I had done - why wasn't I just applying it ? The way I see it, since trading is both an art and a science, I need to get to properly understand the...
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    Why would anyone want to have a quant career instead of a trading one ?

    I agree to a point - I do sometimes feel like a sell-out for abandoning an academic career. However, failure my university career was not - I have spent a decade in academia, published, written book chapters and papers, attended conferences, met smart people, written projects, done well, enjoyed...
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    Why would anyone want to have a quant career instead of a trading one ?

    In a year's or so time, I can answer your question. Sure, I am aware that the majority of prop traders make just "ok" amounts of money, others make the magical 5-6 figure numbers, a good percentage fail. This is the same in all spheres of endeavor/life. It is all about probabilities - you just...
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    Why would anyone want to have a quant career instead of a trading one ?

    A reasonable question - I have always considered myself to be an academic, and most academics do what they do not for the money but for the love of their subject... it has to be love, as the money is absolutely cr*p whether you are a postdoc, researcher, lecturer or professor in academia. For...
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    Why would anyone want to have a quant career instead of a trading one ?

    Anyway - thanks to everyone and their input - I've just today been offered a trainee trader position at one of the "more reasonable" trading houses. I'll give it a go. I think it's an interesting time to get into futures trading; I also know a few people who have been given the push from their...
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    Why would anyone want to have a quant career instead of a trading one ?

    JJ is the upper end of the ladder of wealth. Good on him ! I suppose my imitation onyx Formica bathroom doesn't say that much about me...?
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    Why would anyone want to have a quant career instead of a trading one ?

    You misunderstand the point I was trying to make. I've got some degrees, including a PhD - big deal. I worked hard for them. The point I was making is that to get into some of these quant positions (as per my hedge fund interview example) they really do squeeze you for every drop of knowledge...
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    Why would anyone want to have a quant career instead of a trading one ?

    Thanks for all the replies - I suppose it does depend on one's temperament and motivations. For example, I had a call from a recruiter for a potential interview with one of the big European banks for a "quant" position. The recruiter came up with a list of all the "skills" that I should have for...
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    Why would anyone want to have a quant career instead of a trading one ?

    Hi everyone, This is my first post on these forums, so please be kind. :) I potentially have an offer from a prop trading firm for a trainee trader position. With a physics, maths and compsci background (recently completed my PhD in artificial intelligence), a lot of people tell me that I...
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