Meeting With Derivatives Trader

StoudeMelo's picture
Rank: Baboon | 129

I am a recent college graduate from a pretty well regarded (but not target) university on the east coast. I've had two internships in PWM @ 2 separate BB's but am totally uninterested in that kind of work. I am looking to break into banking but am not sure of what capacity.

I have a meeting set up tomorrow with the father of a close friend who has been a trader for 30 years, most recently specializing in derivatives.

He is not really in a position to offer me any leads but I think it is a great opportunity to learn more about trading (a topic I am relatively uneducated about).

I was wondering what type of information I should try to get out of this guy. What kind of questions should a new college graduate ask this successful trader?

Comments (5)

Aug 1, 2011

It depends, does he work for a BB or prop firm?

Regardless, you could start by asking about their background and products they trade.

Aug 1, 2011

He does not work for a BB. So I guess it's a prop firm. Is that right?

Aug 3, 2011

How did it go?
I actually met with a guy yesterday as well who was an options trader in chicago.

Aug 3, 2011

Interested as well. Where did you meet, how long did your conversation last and what were some of the questions that you asked? I'll hopefully be meeting a former volatility arbitrage trader next week, and a commodities trader the week after that.

Aug 4, 2011

I don't accept sacrifices and I don't make them. ... If ever the pleasure of one has to be bought by the pain of the other, there better be no trade at all. A trade by which one gains and the other loses is a fraud.