Trading Interview Questions

derivstrading:

You are really viewing it the wrong way. You shouldnt think of it as what bare minimum do you need, you should be thinking what level of knowledge do i need to achieve to really impress them. THere are tons of kids interviewing for each spot, and honestly the single best way of showing interest and passion is knowing the markets or a product inside and out. I came from a heavy non target, and the only reason i did well in interviews is because i came in having read everything i could on trading options, so at the point of interview it was easy to convince interviewers that I really was interested, and it was the one thingthat made me stand out above other candiadtes with much better academic pedigrees. I have interviewed candidates, and its the number one thing i look for.

I come from a non-target and agree with this 100%. I've spent many hours studying, not just reading, Natenberg, taking notes, doing practice problems, etc. and supplementing it with a bit of Hull here and there. And that was during the normal semester with a full course load. Since the semester let out I've spent at least eight hours per day in the public library every day, weekends included, studying options theory, drafting question responses, practicing responses with a friend and tape recorder, preparing trade ideas, writing daily market summaries etc. etc.. I have one interview at a BB for S&T coming up and failure is not an option, pun intended. I hope you understand why I get really annoyed when people ask "what will they ask me in a trading interview." If you don't know what they'll ask, then you probably don't want the job badly enough.

/rant