How to secure career in trading

[BuddingTrader007]

I have recently completed my MBA during which my module study included Corporate finance, therefore I am planning to go for career in trading as I am highly interested and enthusiastic about taking it as a career.
I am planning to do CISI in investments and later join trading floor in a proprietary house in order to have some experience on trading floor. Can anyone advice me what all hurdles I can face during my career plan or what can be done more effectively in order to secure career in trading.

 

[A Dashing Blade]

Corporate finance has absolutely nothing at all to do with trading.

 

[Black Swan]

This might be a good opportunity for those in the know to state what qualifications/experience firms are looking for in order to step onto the first-rung of a trading career in an institution..

 

[jb323]

This might be a good opportunity for those in the know to state what qualifications/experience firms are looking for in order to step onto the first-rung of a trading career in an institution..

I think This could be one of the most helpful threads... for me and the other few thousand people searching for some decent info on how to break on to the first run of a ladder.

- I would love to here a few peoples stories of how they got into trading at what qualifcations are hit and those to miss??

 

[BuddingTrader007]

can u advice me what can be done to achieve a good career in trading

 

[Blaiserboy]

can u advice me what can be done to achieve a good career in trading

Learning to trade, and having an account that can prove you know how to trade, would be a great reference for many employers.Then again, once you know how to trade, you may quite well see that you can work independently.

 

[Adamus]

Learning to trade, and having an account that can prove you know how to trade, would be a great reference for many employers.Then again, once you know how to trade, you may quite well see that you can work independently.

Maybe put together a little speech about how you love quantitative easing and the opportunities it would afford you to make millions for your prospective employer, and how you think bonuses for risking other people's money are thoroughly deserved?

Only kidding.

 

[trader_dante]

can u advice me what can be done to achieve a good career in trading

Make friends with others on this site.

There will be someone on here that can get you whatever you want, whether that be in prop trading, hedge fund trading etc, regardless of your qualifications.

 

[meanreversion]

I have recently completed my MBA during which my module study included Corporate finance, therefore I am planning to go for career in trading as I am highly interested and enthusiastic about taking it as a career.
I am planning to do CISI in investments and later join trading floor in a proprietary house in order to have some experience on trading floor. Can anyone advice me what all hurdles I can face during my career plan or what can be done more effectively in order to secure career in trading.

Have you already been trading your own account?

 

[adopsio]

Hi,

what you think about this courses? Will add something to my CV?

I'm mainly interested in spread betting: I've seen that financial betting is growing very fast, and since I'm already working in the gambling world would be good for me to improve my trading knowledge.

 

[Scotty2Cues]

alot of companies have entrance tests for graduates. Optiva's FIRST test is 80 questions in 8 minutes, to go through to next round you need to score about 55. They deduct a mark for each incorrect/missed answer and ignore questions after your last response. Think there is a 1% pass rate and if you fail you arent allowed to retake

 

[Chartsy]

Tom's right, get people to pm you or something. The underbelly of T2W has some quiet but VERY good traders!

 

[adopsio]

I'm currently working in the gambling industry (online poker), but I'm getting more and more interested in spread betting and forex.

Since I've a master degree in finance and financial betting will be (this is just my opinion) huge in the next years, I was thinking to take specific course on this (I've seen that London School of Business and Finance has some very specific courses about trading and analysis).

Do you think this kind of courses would improve my CV?

 

[D70]

I have recently completed my MBA during which my module study included Corporate finance, therefore I am planning to go for career in trading as I am highly interested and enthusiastic about taking it as a career.
I am planning to do CISI in investments and later join trading floor in a proprietary house in order to have some experience on trading floor. Can anyone advice me what all hurdles I can face during my career plan or what can be done more effectively in order to secure career in trading.

Firstly, the comments people have made are mostly incorrect.

But secondly. You have done an MBA and want to use this to get into trading????
Did you not seek advice before taking your MBA??
And to wrap it all off, you now ask a forum how you get into trading??

Jesus H.C.

Will someone throw the dog a bone.

 

[meanreversion]

I'd be interested to know if the thread starter has already traded his own private account?

 

[Scotty2Cues]

why interested? (im guessing he hasnt)

 

[meanreversion]

When I worked at a bank, we would have a grad intake every year, and most of them would stop by to sit with me on the desk.. they all wanted to be traders. One of the first questions I would ask them is "have you traded your own account". About 70 pct replied no. Well, sorry but if you're that keen on trading and haven't even tried it in small for your own account by the age of 22-23, kinda suggests you are not THAT interested.

 

[D70]

when i worked at a bank, we would have a grad intake every year, and most of them would stop by to sit with me on the desk.. They all wanted to be traders. One of the first questions i would ask them is "have you traded your own account". About 70 pct replied no. Well, sorry but if you're that keen on trading and haven't even tried it in small for your own account by the age of 22-23, kinda suggests you are not that interested.

agree.

 

[BuddingTrader007]

I have opened my account and learning how to trade ...thanks for advice everyone...

 

[meanreversion]

I have to question your motives here (and this is what the interviewer will do). Why are you interested in trading, is it because you like to trade (obviously not) or is it the money you imagine you will earn (I'm guessing the answer is yes to that question).

Whilst financial rewards clearly need to be taken into account, it must not be the only consideration. The interviewer will work this out immediately.

You have a MBA and maybe the job market is a little tough. But try applying for something in which you have an interest (corporate finance?). If you do get accepted as a trainee trader somewhere, your MBA will be of little use and you will be starting from scratch - is that what you really want, seeing as you have not displayed any interest in trading in the past?

You need to be aware that the interviewer will be significantly harsher than I have been, as they will see 10 people like you every day of the week.