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	2 years 6 days ago by WallStreetOasis.com	n/a
... $	7	34 weeks 4 days ago by beakerbeaker	33 weeks 1 day ago by trade4size
To all the Canadians on WSO just wondering what's the best grad program to do if your interested in trading or S&T? Is an mba the best way to go? masters in finance? CFA? The whole trading scene is kinda weak here compared to the states but i'd love some feed back from some... Breaking into Trading in Canada - What are the best Grad programs for it?	7	1 year 35 weeks ago by wallstreetballa	1 year 34 weeks ago by philgorman
I'm a junior at a target (HYPMS) studying Math/CS. I have an interview tomorrow with GS One Delta Strategies in equities. The position is equities strat and is for a winter internship. Was wondering if you guys new what types of questions to expect?? HR said " Please have pen and paper... GS Equities One Delta Strategies Interview HELP	0	2 years 28 weeks ago by akybaky	n/a
from a friend: <em>The Israel Central Bank is long AAPL(apple stock), how many other central banks are doing this? WOW! time to get out folks, you have another 250 hedge funds long too. How long before AAPL charges 2 and 20 just for the privilege of owning the stock. Hedge funds ought to be... Israel Central Bank is long AAPL	3	1 year 11 weeks ago by AndyLouis	1 year 10 weeks ago by justin88
How has the financial crisis affected S&T internship prospects, specifically at GS and MS in Asia Pacific? I heard IBD hasn't been affected nearly as much.... S&T Prospects?	0	4 years 33 weeks ago by Chimpy	n/a
Here is a very basic overview of a role of a Stochastic indicator in the Forex trading. Knowing exactly what to expect from Stochastic, if you ever plan to add it to your own system, will affect trading results dramatically. For this trading method:Entry rules: Buy when the faster moving Stochastic... very basic overview	0	2 years 6 weeks ago by plane416	n/a
Hi guys, I am looking for an experienced, reliable and above all consistently profitable XXXXXXXXXXXX trader to partner with. I run a publishing company developing services and products for people interested in trading various... We are looking for more traders to partner with	0	3 years 8 weeks ago by annagreg	n/a
This is a quote from a job advertised on WSO "traders should have at least 6 months of track record, although there may be flexibility for exceptional back-tested strategies" Out of curiosity, what sort of duration/returns/sharpe do people think would fall into the category of an... "an exceptional trading system"...?	0	2 years 4 weeks ago by chocolatebear	n/a
Dear All, I am attempting to measure general business sentiment using financial markets as a general indicator of them. Does anybody know what financial markets would give me the most insight into "market sentiment" or people's general expectations of the economy? Right now I am... "Business Sentiment" in Financai Markets	2	2 years 10 weeks ago by TheManFromDownUnder	2 years 10 weeks ago by dmackorth
http://online.wsj.com/video/cuban-on-investing-diversification-is-for-idiots/233AE43E-9DA3-40A3-8F6B-9DC23DD82BEF.html?mod=WSJ_hpp_mpvidcar_2 Oh marky mark. Gotta give it to Cuban because he has the balls to say just about anything. I personally love the guy and he has some good points but... "buy and hold is a crock of shit"	6	1 year 40 weeks ago by bullbythehorns	1 year 40 weeks ago by bullbythehorns
Anyone know what these people do? Does it have to do with companies having share repurchase programs? any 411 is appreciated... "Buyback" desk?	1	4 years 1 week ago by guimion11	4 years 1 week ago by milkman84
I just started reading "Dark Pools" and I'm confused as to how one starts an algo/hft trading firm. Three guys discussed in the book so far are Blair Hull, Dan Mathisson, and Haim Bodek. Two of the guys have math degrees, but no CS. So my question is: do these guys pick up the coding... "Dark Pools"	3	46 weeks 6 hours ago by Tiger Blood	46 weeks 6 hours ago by Tiger Blood
What should be expected from an "Equities SA" position at a BB or MM bank? Will it focus on Sales, Trading, and/or Equity Research or will it differ depending upon what my interests... "Equities Summer Analyst?"	5	2 years 2 weeks ago by EPS	2 years 1 week ago by financejunkie
and oh so much more. I just need to vent. In capitalistic markets, the consequence of poor business decisions are losses, and for catastrophic decisions, bankruptcy. At which point does the government get to redefine the lower range of free markets after allowing its upper excesses? The... "Fed" Up With The Ambiguity of "Too Big To Fail"	8	4 years 35 weeks ago by wintonheights	4 years 34 weeks ago by wintonheights
http://finance.yahoo.com/news/Get-Ready-For-The-Fixed-cnbc-2934320589.html?x=0 "We're easily going to cut a quarter to a half of our traders and back office in fixed income. Everyone else is going to do it too," he... "Get Ready for the Fixed Income Bloodbath"	9	2 years 33 weeks ago by MJP338	2 years 33 weeks ago by monkeysama
Hey guys, I'm really interested in the currency market and have been following the pound-dollar for a while now. I have enough time to follow a couple of other... "Hot" Currency pairs for spot fx	1	5 years 23 weeks ago by Nasir	5 years 23 weeks ago by pillz
James Kwak (the baseline scenario) talks how a mistake in Excel at calculating VaR gave the bank a lower VaR than they actually had: [quote]After subtracting the old rate from the new rate, the spreadsheet divided by their sum instead of their average, as the modeler had intended. This error... "London Whale" mistakes traced to Excel flaw	3	13 weeks 21 hours ago by Financier4Hire	12 weeks 6 days ago by Financier4Hire
http://graduate.barclayscapital.com/business-areas/global-markets/trading “Nor is it a role where people work solo. It’s very team-orientated – traders help each other out and interact across products and regions, indicative of the way the world has become more connected. For example, a US... "many of our best traders have an arts background”	22	1 year 41 weeks ago by PIGS	1 year 35 weeks ago by Quarterlife
Anyone have an idea on what type of job this is based on this job description (BO/FO)? Will it get you to trading/HF? Define, recommend and implement a basis management strategy for Company’s basis risk. Support the implementation of the necessary infrastructure to manage a growing portfolio... "Market Operations" summer intern	3	2 years 1 week ago by electriclighto	1 year 51 weeks ago by monty09
Hey Guys, What does parking your licenses at a broker-dealer mean? I mean for the series 7 etc...Can you take more exams while your licenses are parked? Thank... "Parking your licenses"	3	3 years 43 weeks ago by milken	3 years 43 weeks ago by milken
All of these shady online prop shops like Patak, Pulsar, etc. where you "tryout" in simulated trading, do they provide any trading work experience that future employers will actually care about? I am not naive, and I know these are not "respected', prestigious prop shops by... "Patak" Style Shops, good experience for resumes?	5	1 year 17 weeks ago by steve39	1 year 17 weeks ago by GoodBread
Are these considered back office? Or FO since they are directly supporting Traders and are necessary for those groups? I figured it was sort of different from ops because the positions are in a revenue producing... "Pricing Direct Group - Analyst" "F&O Execution Desk Analyst"	2	3 years 5 weeks ago by thisguy22	3 years 5 weeks ago by eric809e
Can anyone shed light on how "sales" fits in with energy trading? I understand that the commodities desk will usually have roles in structuring, scheduling, origination, etc., but I wasn't sure if there's sales aspect involved. Thanks for any... "Sales" in Energy Trading	2	3 years 32 weeks ago by indigo_b	3 years 32 weeks ago by jotah
Can anyone elaborate about the differences between today and February's 10%... "Stamp Tax" imposed by China precipitated 6,6% decline today	0	5 years 51 weeks ago by net worth or nothing	n/a

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I don't know why I find this funny: [quote]Senate investigators accuse Apple of wiring together a complicated system to shield billions of dollars in international profits from both U.S. and foreign tax collectors. A report released ahead of Apple CEO Tim Cook’s inaugural Capitol Hill...
Apple Tax
I have an initial prototype of the product built (after some pivots) as well as an investor deck. I've also been hitting the pavement to try to develop relationships with institutions (my end consumers). I applied to an accelerator program last week and haven't heard back. I also...
Advice on how to get angel/seed funding?
What's up guys, I will be transferring into Cornell AEM in the Fall. I wanted to ask if you have any advice pertaining to BB IBD recruitment. Thanks!...
Advice for incoming transfer (AEM)?
Hello everyone, I am interning at an AM and I only use Bloomberg Terminal to get interest rate and some industry reports. Since everyone usually leaves at 5, I have a plenty of time to play around with BT in the evening. I will be graduating next summer so in coming fall, and will try to apply...
Best use of Bloomberg for an intern?
So what do you guys think? Fees have been revived a little bit in the LTM, particularly with the huge deals in Q1'13. Are we going to see an increase from the weak bonuses of last...
2013 Bonus Season
I have been job searching since late Jan/early Feb (I studied abroad fall term which hurt my search a lot). I am a finance and marketing major at a non-target, I have a decent GPA (major GPA is above 3.5), and have had two 6-month internships - one at a respected trading firm on their convertible...
Still on the job hunt...need advice
I have an interview coming up for a position as a summer research analyst at an MM IB. I was wondering what kind of questions you guys think that a research analyst would expect? I.E. should I be memorizing every index I can think of or would it be more pertinent to brush up on my...
Interview Help
FX in London at UBS or JP Morgan? Which does one choose, and...
London FX desks
Guys, I've always struggled to find a decent belt that will hold up until WILL Leather Goods. But, my belt from them that lasted two years, still no bad creases, is starting to fade in color and they have no dress belts in stock. So, I come to you trying to find another brand. I've got...
Good quality belts
Are there any tools online (or otherwise) that can help me understand how to be a better trader on the sell side? Basically, I deal with a fair amount of BitCoin on a market with a large Bid/Ask spread and for BTC/USD I'm usually on the Ask. I'm looking for help in situations where I have...
Learn to be on the sell side?
This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
Why You Don't Leave Banking for B School Just to Come Right Back...
Any WSO peeps applying to this round? It's for college seniors. I suspect not many people are, since the applicant pool is small....
MIT MFIN Round 3
I have been networking quite a bit for a potential internship next summer. I'm currently a sophomore interested in sales & trading at a semi-target - target. I've made several good connections. However, I've come into a few issues. If you've met someone in person or have...
Networking Email Issue
Settle an argument for me. If you had to choose one, would it be better to come off as too cocky or too humble in a banking...
Choosing between two extremes

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I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local... Ask me anything… I'm a Private Equity Analyst in Shanghai
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS... Beginners Guide to Valuation and Metrics By Sector
You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small... 7 Things I've Learned About Being A Manager
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,... A Perfect Storm
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the... Basic Guide Ramping Up On A Company With Public Information (Part 1 of 3)
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a... WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
Someone was asking me about this in PM and I wrote a long and detailed reply about what it is like to work in Big 4 and what advice I would give to people thinking about interning / working there. Thought it might be useful for others so my reply is below. Happy to answer any... Working In Big 4 Audit in London
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> There I go... In Praise Of High Interest Rates
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target... I'm a Hedge Fund Analyst - Ask Me Anything
<em>Mode note: Blast from the past - "Best of Eddie" - this one is originally from December 2010.</em> Monty09 may have gotten the best plug yet for his <a href="http://energyrodeo.com/">Energy Rodeo</a> in Houston next month, and it came from none... New York vs. Houston

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