Experienced trader seeking advice
Hi everyone,
I am at a point in my life where I need some direction and asking the community for their feedback. I am 33 and have been an equities trader with a few prop firms in NY for the past seven years. I only graduated from a community college with an associates degree.
My passion has always been in trading and wanted to know at age 33 with my background what opportunities would there be coming from "prop firms" to get my foot in the door with a real bank?
Just looking to get honest opinions as I feel lost at my age not knowing if i would have a chance as a trader, equity research or fixed income, etc. With a good amount of trading desks being eliminated and mostly program/quant traders taking over the business, what chance does a manual discretionary technical trader have?
Thanks so much.
Dean
In terms of asset class if you are in credit or physical energy trading then the manual/discretionary element is still very necessary.
Moving across to a bank is always difficult. I managed it, but that was mainly because of alot of luck (same function, same asset class, was only on a prop contract for 2 years). I'm in Europe rather than the US.
Veritatis necessitatibus necessitatibus distinctio vel ut impedit. Quo beatae ea consequuntur vero est ex. Totam aut repellat deleniti provident maxime.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...