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Originally Posted by Vinny  Hello,
I know there has to be someone on StevePavlina.com that has a career on Wall Street at a respectable firm. I am currently a professional Aerospace Engineer. I have discovered my passion. I have a passion for stock investing, stock trading, options, short sellling, day trading, investing in general. I have wanted to do it professionally since highschool, but at that age what do you know? I have been paper trading for several months now and I see I am making very profitable trades. I read every material that I can about the overall market trends, I have learned different strageties when it comes to investing in the long term & short term. I am applying this to my own account. I am a fast learner and I pick up the information at a rapid rate. I am finishing my B.S. in about 6 weeks. I am working for an Aerospace company now for about 2 1/2 years. I have been educating myself everyday about the market. Basically what I am asking is: I want to connect with the right people. They say they would love my background on Wall Street. I am ready to go to Grad to learn about economics & finance. Any advice on what I should concentrating on? Or maybe get my foot in the door and let the experience take me from there. I am ready to pursue my passion.
Anyone with any comments or suggestions will be greatly appreciated.
Thank you very much. |
Dear Vinny,
I personally do not work on the Street, but i am active on day to day basis in trading forex.
My response will not have a great structure as i have a few ideas and i am to tired to put them out nicely.
First of all tell us how old are you?
If you plan to become a trader, position keeper or whatever similar at a wall street firm you might be too old (of course unless you have a very good education in the field). Many companies tend to hire young people directly out of college/univeristy or even still studying. The idea here is that younger males(as there arent too many women in this field) or much more likely to take risks and they wont be palying it too safe. Of course education in this field just as one of the posters above has stated is not necesairy as the only way to learn this is by actually trading and not reading about it in books.
You mention that you have been trading by yourself. As i see it this could be your only or a good ticket "in" to a wall street firm.
Maybe trading the stock market is a bit different but in currencies a trader to be hired by a company usually is expected to bring a trading record, of course an audited trading record for the past say 2 years.
If a trader is good, that is he/she has proved in the past that they can produce a good healthy return with low drawdowns getting a position at trading firm will not be a problem.
People dont realize that there are huge, unbelievable amounts of money flowing around the world, and that if you are good people will throw money at you and beg you to trade for them.
Well this is a simplistic and idealistic view of this trade, but this is how things work.