Does anyone have experience with trading desk simulations at recruitment events? In a few weeks there's an IBD recruitment event for a BB at my school (highly ranked semi-target, if that matters) and I'm curious to hear about people's experiences with these. According to the company, "top performers" at the simulation will have an "expedited path" to super days. Any tips/advice?
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Hey purplefire, I'm here because nobody responded to this thread after a few days...maybe one of these resources will help you:
More suggestions...
You're welcome.
Is this the amplify me?
yeah. can't tell how legit it is but I'm doing it today so I can add an update later
how was it?
Honestly pretty BS. Wasn't too hard to game the system (the sim had a pattern, once you figure it out it's really easy to jack up your PnL). I "won" and got free access to an online course about the finance industry that I guess was kind of useful? Definitely nothing game-changing though, and nothing you couldn't find online. In theory there's some program I can do to get an accelerated interview at MS but not sure how useful it'll actually be.
Overall review: you might as well do it if you get the chance but wouldn't stress over it at all.
So these sessions give no indication as to how good or bad you are going to be of a trader. They're more just fun and games, so treat it as a bit of fun.
Now, if they're inviting people who did well to interview, you should just go limit long or limit short right at the start and hold throughout the simulation. You'll either come last or top since you're limit long/short, so whether its positive or negative your pnl will be a high number. Basically if you end up massively negative noone will care. If you end up massively positive you'll get the interview. Chances are 50/50 which is better chances than if you actually tried.
Wait but I did the Amplify me simulation last year and got first for PnL, however there were other dumb factors like how much you interacted with others that made me finish in the middle. Are we talking about the same program? Can you in case share which one is yours?
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