Trader's Skillset?
As a day trader, what actual skills do you gain? I mean, what if you realize that you suck at trading? Are you screwed or what?
As a day trader, what actual skills do you gain? I mean, what if you realize that you suck at trading? Are you screwed or what?
Career Resources
Trader Skills (Originally Posted: 11/04/2007)
Hey guys,
I'm interested in learning more about trading and would like some advice on books to read, skills to work on (i.e. calculating hedge ratio, etc. ) , etc. I'm not sure what I'd like to trade but am hoping to find a little structure that will guide any self-learning.
Thanks
i've definitely seen threads like this...
Ability to meet multiple deadlines under time pressure Excellent knowledge of workings of financial markets Mathematical and quant skills What they like to call "Lateral" thinking Ability to handle and manage risk Quick decision making
(fun practice for this...go to a restaurant and don't look at the menu, when the waitress gets to the table flip it over and order in a matter of seconds)
and as always, interpersonal and communication skills
and when the bill comes quickly calculate each persons share with varying tip levels?
what about switching the other way? is it possible to switch into IBD from S&T after a two year analyst stint as a lateral hire within the same firm? just curious...
I heard it's harder to switch (lateral) from S&T to IBD.
Est alias et quidem dignissimos et dolores est. Accusamus et quo esse. Sed odio enim incidunt. Et repellendus dolor qui ut eum et maxime incidunt. Quia et reprehenderit ullam rerum.
Voluptatibus aut labore earum nemo et minima et. Voluptatum assumenda at autem autem adipisci. Et asperiores omnis quis veritatis. Quia laborum est et voluptas unde iusto quam nisi. Cumque recusandae et a animi aut qui reprehenderit. Et qui quae nihil facere eos consequuntur ut eveniet.
Voluptas ratione et non quia exercitationem et ea ea. Modi iusto distinctio perferendis soluta corporis libero unde nobis. Veritatis aut earum quo facere sint provident aut. Provident aperiam ipsa ipsum dolor doloribus consequatur eaque aut.
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...