Starting out in trading! Aurelia Traders? Worth applying??

no, just no.

By 'no' do you mean I shouldn't bother applying to this firm or was it just a cheap dig at me?

If this is a serious question just quit trying to enter trading. Seriously, do you really need someone to tell you that it is probably not a good idea to work for a place that openly advertises illegal activity? Or that, most likely, it is a complete joke because most people aren't completely idiotic.

Don't apply there

guys you MUST check out their website, its absolutely hysterical. I think it must be a joke, but its so well done. the images, and the language. I'm in tears at my desk.

T

It wasn't a joke. I'm completely clueless! Judging from the feedback I'll give it a miss. Thanks guys!

ok T99066, ill copy and paste a few things, see if you might see if its a joke or not.

THE MARKET IS ALWAYS RIGHT

HEDGE HOLD TIGHT TO YOUR LOSS (underneath a picture of a tight rope walking near disaster),

TREND IS YOUR FRIEND GOING THE SAME DIRECTION AS EVERYONE ELSE IS OFTEN THE RIGHT THING TO DO.

ANALYSIS PARALYSIS THEN THERE'S ALWAYS THE COIN TOSS METHOD.

"If you pass mathematical IQ test, then you will do personality IQ test." Personality IQ test? Mathematical IQ test? :D:D:D:D:D:D:D

trazer985! Hahahahaha!

ANALYSIS PARALYSIS THEN THERE'S ALWAYS THE COIN TOSS METHOD.

Ok! I may be a complete amateur in trading, but it's beginning to become pretty obvious that this place is a joke!

Thanks for your input!

Also, would you say it's better to apply for internships or entry level (Junior Trader) positions? Where do I stand the best chance of getting in? There seems to be so much out there and I need to concentrate my efforts.

from someone that has literally just gotten a job in a quant shop, you can find a guide i wrote on my job search advice forum, in here.

Thanks trazer985!

Dude, as hilarious as that website is, you should apply. As long as they don't ask you for money or a kidney, it's worth a shot. I'm serious, what's the worst that can happen?

They don't even have an application form on their site, just a "contact us." I don't think it's been mentioned that they're also located in singapore

I think I'll give it a go and see what happens! I have two kidneys and no jobs! Worth a shot!

What's Singapore like for trading?

thebest,

I'm not sure if you've read the whole thread, but it was stated that I've been applying to larger investment banks as well as the smaller trading firms...

The website is a good troll though!

I understand the company's open-minded intention to help ex-convicts, and they, like myself, must think that you dont have to be a professor or a quant to be good in trading. I know of traders who are making big bucks that used to lay bricks. But if you are an ex-convict, that means you were caught doing whatever you tried to achieve illegally - hence you are probably not street-smart enough to be a gd trader..

DeGreat,

Why exactly do you need to be 'street-smart' to become a successful trader? And what do you mean by 'street-smart'? Selling drugs? Running from police? Shop-lifting? What? I'm confused...

Being 'street smart' is just one of the many traits which, in my personal opinion, is needed to be a successful trader whether u are a scalper, medium term or position trader. I guess by street smart, I mean having more than basic common sense, you need some special guts and instinct which is undescribable and definitely not seen in your academic papers. In fact the more academically inclined you are, the worse trader you are likely to be (remember LTCM?). Some of the market gurus who are so well-versed in technical analysis and systematic trading (although 99% of them are quacks), resort to selling and teaching their knowledge because they just can't trade profitably themselves even though they have trading methods that have proven high probability of success.