I've worked as a trader for around 4 years now from structured products trading to linear to options and I find it completely stupid. To be fair the structured products desk (exotics and hybrids) was quite intellectually challenging and I found the work interesting. You could always dig deeper and understand more about the inherent risks and characteristics of the product.
But now most of what I do all day in my role is punt FX and I find it completely stupid. All I do is stare at charts, hold a finger up to the wind and make a trade and endure the swings. I have a budget to make on pretty much non-existent flows so I have to keep at it all day and when the day ends I wonder wtf am I doing with my life. My colleagues are stupid but hey, nobody said you had to be smart to punt in the markets.
Seriously all you ivy leaguers and engineering whiz kids in trading, why are you still in this??? Are you guys really happy that his is all your reduced to? I'm really thinking of throwing in the towel.
And to the hardcore guys in quant funds, granted i was never that good enough in school to join a quant fund and probably won't ever be but all that work with arcane models to squeeze out some pnl. Shouldn't you be curing cancer instead? I don't have inside experience on what you guys do but from what i've heard and read (https : //www . quora . com/ Do-hedge-funds-use-the-generalized-method-of-moments)
I mean for real? You guys don't have anything better to do with your skills?
Am I the only crazy one here?