Traders Train 
| Topic | Replies | Created | Last reply | |
|---|---|---|---|---|
 | The goal of Wall Street Oasis’ Trader's Train is to give our users the best possible snapshot of life in sales & trading, from internships and recruiting to compensation and career progression. Working towards that goal, we’ve created a <a... SPOTLIGHT: Trader's Train Rules and FAQs | 0 | 1 year 1 week ago by WallStreetOasis.com | n/a |
 | <iframe width="420" height="315" src="http://www.youtube.com/embed/41lTZaHMTCw" frameborder="0"... This Is What Happened to Anyone Who Bought Facebook Stock | 8 | 22 hours 20 min ago by Futures Trader Man | 28 min 22 sec ago by rynofrowan |
| How helpful would it be to obtain a masters in mathematical finance or masters in financial engineering to become some type of trader. I am currently in my undergrad and want to trade something like commodities or derivatives. How helpful would a masters from a top university help me to get a job... Masters in Mathematical Finance | 12 | 1 day 22 hours ago by studdardpaul | 33 min 41 sec ago by kmgilroy89 |
| I'm 27 and have been working in a programming sense for the past 5 years. However, I have exactly no finance experience. My experience is with extremely massive data sets.
Now normally it wouldn't be extremely difficult for someone with my background to work on Wall Street - working... Am I too old for not having relevant experience? | 6 | 2 hours 56 min ago by Curiousbro | 1 hour 7 min ago by Curiousbro |
| Hello,
I am currently an undergrad and always had some problems with LinkedIn. I see it, for undergrads, as a way to show off more than anything else. However, a lot of people told me it could help you to get a job or make good impressions.
In my situation, I will be doing an internship in... Is LinkedIn that useful? | 7 | 1 day 9 hours ago by nori90 | 1 hour 15 min ago by farmerbob |
| Hey Guys, I am going to be attending college this fall and I want to pursue a career in high finance. I have several questions and conerns and was hoping you guys could help me out and give me you input.
1. What is the future of finance, specifically S&T, going to be like with regulation such... Whats your take on Volcker | 0 | 1 hour 16 min ago by Goldmanboy | n/a |
| What is the difference between trading commodities at an IB and at a Physical House like Shell or BHP Billiton?
From what I gather:
1) Besides paper trading, you learn Physical Trading at a Physical House, which includes logistics, shipment, warehousing etc. You may not be exposed to all of... Commodities Trading Question | 6 | 5 days 2 hours ago by Imperialian | 2 hours 39 min ago by Imperialian |
| I am 35 years old and have been on Wall Street in various capacities, including equity derivative asset management, portfolio strategy (all asset classes), fixed income asset management, and a C-Level position for a $600 million revenue asset management firm (equities and fixed income).
My... Too old? | 5 | 1 day 5 min ago by SirPoopsaLot | 3 hours 2 min ago by SirPoopsaLot |
| How do different firms and desks within firms trade/invest? What is their performance? How do they measure their performance/risk/consistency? What is it like to work for them.
I'd like both comments about different industries from talking to people and actual experience (you should... How do banks, hedge funds, and prop shops trade/invest? | 0 | 3 hours 57 min ago by oab729 | n/a |
 | I will be working in Nomura's Global Markets division this summer. I was wondering if anyone had advice on what I could do to prep for this internship in the months ahead of summer? Tips from any past SAs will be helpful (even if not in Nomura)
Did anyone intern at Nomura last summer? What... Nomura S&T Summer Analyst 2012 | 20 | 11 weeks 3 days ago by chaiwallah | 5 hours 25 min ago by Count Drachma |
| Wow, look what I've just picked up on the Tube station!
Although this estimate might not be from the most reputable source, Bloomberg and FT are also talking about a much bigger number than Dimon announced.
If confirmed at this value, it must surely be one of the biggest trading losses... £4.4 billion?! | 25 | 1 day 21 hours ago by RichardPennybags | 7 hours 34 min ago by Maximus Decimus... |
| So I already have an offer to be a trader at a prop shop in Chicago but I recently got a call from a friend at RBC and he offered me a job as a quant in their cash equities execution division. Now the RBC job is in NYC and I am not sure which one I should take. Any advise would be very helpful.... RBC vs Chicago prop trading | 52 | 2 weeks 2 days ago by quantyoungling | 9 hours 58 min ago by Bobb |
| I'm curious to hear how everyone would rank the top prop trading firms. I've focused the post on firms in Chicago because that is where most of them are. Here is how I've ranked them:
1. Spot Trading
2. Jump Trading
3. DRW Trading
4. Optiver
5. TransMarket Group
6. Peak6... Best Proprietary Trading Firms | 156 | 3 years 31 weeks ago by RossGellar | 17 hours 59 min ago by mass_marines |
| I've been looking into the membership application process for the CME, with an eye towards the NYMEX division. From what I can tell, I will need to:
1.) find a clearing member to back/guarantee my trades
2.) fill out the application and submit a non-refundable $2000 fee
3.) attend a course... NYMEX Membership | 5 | 2 days 6 hours ago by bankersdozen | 20 hours 20 min ago by Bravo |
| Where can I learn about what it takes to break into prop trading? I've already read the interview on M&I but it really wasn't all that informative. It seems like prop firms don't really do a lot of on campus recruiting, so is it more about networking than anything else?
I am... Breaking into prop trading? | 2 | 23 hours 56 min ago by Hades | 23 hours 5 min ago by protectedclass |
| I am 35 years old and have been on Wall Street in various capacities, including equity derivative asset management, portfolio strategy (all asset classes), fixed income asset management, and a C-Level position for a $600 million revenue asset management firm (equities and fixed income).
My... Too old? | 0 | 23 hours 58 min ago by SirPoopsaLot | n/a |
| http://www.zerohedge.com/news/nasdaq-lying-about-what-it-knew-facebook-ipo-day
The NASDAQ said that they would've called the Facebook IPO off if they had known how awful it was going to turn out. But did they actually already know? And did they just execute the IPO anyway to avoid financial... NASDAQ Caught Red Handed | 2 | 1 day 1 hour ago by Futures Trader Man | 1 day 21 min ago by Connor |
| I am in the process of switching careers from intelligence analysis to IB and am requesting constructive advice on the most efficient path fwd whether that be CFA, MBA, or applying for entry level trading positions for Prop Trading firms.
Disclaimer: I have 10 years of experience in an... Prospective Career Changer | 4 | 3 days 11 hours ago by JimmyDnFFX | 1 day 2 hours ago by JimmyDnFFX |
| I have an offer of trading internship with a BB in London for 2013 and have a choice between 3 desk:
(i) Credit Flow
(ii) FX Options
(iii) Rates (euro)
I am not asking 'which is best?' but was just wondering if someone could give me a bit of information about each desk, their... Trading Desk | 13 | 1 week 4 days ago by Jungleman | 1 day 5 hours ago by archieandrews33 |
| It seems that D.E. Shaw is very famous for its highly intelligent staff who work as quants at the firms.
How's trading like at this... D.E. Shaw | 3 | 2 years 16 weeks ago by kidtrader | 1 day 8 hours ago by yesman |
| hi,
doing some risk analysis and wanted to know as a starting point if anyone has access to data/records for:
- largest opening gaps
- frequency of large opening gaps (>3%)
- same with intraday price moves
for any major stock... Gap data | 0 | 1 day 20 hours ago by rynofrowan | n/a |
| I had a beer with a former teammate who's been trading at a prop firm for the past 3 years. He went on and on about how much fun he was having. He said he wakes up in the morning excited and ready to conquer. I could tell he was bragging about his success but his enthusiasm seemed genuine. Hes... Is trading fun? | 16 | 6 days 15 min ago by Apollo | 1 day 21 hours ago by Macro Arbitrage |
| Guys, I added small positions in DOG (inverse etf for the Dow30) EPV (ProShares UltraShort Europe) and I am also considering adding a little UVXY (ProShares Ultra VIX Short-Term Futures ETF).
My question: I have read that these inverse and levered etfs are not ideal to hold for the long... Inverse ETF Hedging Strategies for Long Term | 9 | 5 days 22 hours ago by Waymon3x6 | 1 day 23 hours ago by gammaovertheta |
| I will be going for a summer internship in metals trading, more specifically base metals on the London Metal Exchange. Just wondering whether are there any books or websites I can read up on metals trading?
So far I only found one book and it is damn... Any Metals Traders here? | 1 | 2 days 32 min ago by Imperialian | 1 day 23 hours ago by Connor |
| Before i could advise her not to, she went and bought 30 shares.
[quote] I bought 30 shares at $38 because I wanted to, i wanted to be a part of facebook. I'm going to hold it. Cramer said (she watches him religiously) not to buy it until later, but overall he thinks people should own... my mom bought in on the fb hype... | 20 | 3 days 6 hours ago by AndyLouis | 2 days 7 min ago by WallStreetOasis.com |
