Foreign Exchange Trader
I need your help, please give me an advise. I started trading in the Forex market since 2012. It took 4 years for me to come up with a profitable trading strategy plus 1 year to improve it (overall experience 5 years). Since June 2017 I am up 8% with a max drawdown of 3% and standard deviation of 1%. The problem is, I could complete only 2 years at a community college in 2012, then I understood that it wont make me a profitable trader and decided to invest all my savings into the market and started trading. At the beginning I had only negative numbers, then combination of negative and positive, and now mostly positive. Now I have a solid strategy, a track record since June 2017 (I can wait to make it more lengthy and earn more profits, no doubt about that). I also made investments into the cryptocurrencies and earned 300% return from April 2017 to August 2017. I still have several cryptocurrencies in my portfolio with excellent risk/reward ratio.
Briefly about my strategy: trend-following swing trading, technical analysis, most positions last 2-3 days, some positions last 2-3 weeks depending on the chart I use. Risk/reward ratio per each trade is 1/2.
My questions are:
- Do you think it is possible for me to break into the trading industry? (I would be happy to be hired by a large hedge fund, but boutique HFs are also fine)
- Will the lack of a degree be an obstacle despite my 5-year experience? (I completed only two years at a college and dont even have an Associate's)
- Will the college rank matter? (not an Ivy League, just a small community college)
ps. I am planning to earn a Bachelor's degree in finance from PennState University till 2020. It is a good school and I can afford it.
Any advise regarding Trading industry would be appreciated.