Steps to become an equity trader. Starting from 0 😅 Thanks for any feedbacks.

like
Posting as :
works at
You are currently posting as works at

From zero, assuming a career switch my suggestion would be -
- Study up online on your chosen product/market, until you can talk confidently around it.
- Get a job in middle office of investment bank working as closely with traders as possible. Might be a couple of job jumps after getting foot in door. You may need to be flexible & move locations to wherever the bank has most of its back office people.
- Work twice as hard as anyone else, soaking in as much process/product knowledge as you can.
- build close relationship with desk head, learn how to do 75%+ the trader job by shadowing & 12 hour days hour days.
Dependent on your existing skills, experience and energy level, it’s possible for many within few years, not necessarily easy.

likeuplifting

Thank you!!! You have been really helpful.

Related Posts

I’ve been laying in bed all day hoping the guy I like will text to hang out but nope. We did hang out last night and supposed to hike Monday but I want to hang out today and tomorrow but figured it may be excessive 😫. On the bright side I finished Stranger things season 4

like

Cocreation is something I as a customer like very much. Especially when you can give input, discuss and it gets implemented or taken into account. I was wondering: how do you create a Cocreation community that gathers regularly? Do you have multiple groups? How do you manage them al if you’re a small company?

SAG on a rampage these days....

like

For new hire who’s struggling, will going back to office actually makes things better and easier?

like

Anyone NYC based looking for a Social Strategist? Very eager to transition out of Community Management after 4 years.

like

Hi everyone! I’m on the last round of interviews for an EA position at META, would any of you be willing to provide your hourly base pay? The recruiter gave me what seems a very low base pay. Thank you!

like

Severance package negotiation?
Any tips? Expecting a meeting with hr - I’m confident I’ll be sacked soon.

Moving to San Diego in the spring from the central coast. Any recs on places to live (late 30’s with a kid)? Want to be close to restaurants and things to do, but a little too old and tired for gas lamp!

I'm a fullstack dev, working with LAMP and MEVN stacks since 5 years and my current annual is 7.5L.

Now i need to switch gears and actually earn well. My expectation is around 18L, but how much can I actually expect for JS fullstack?

Looked for MNC jobs in LinkedIn, naukri, etc., almost everywhere it's just Java vacancies. Should I migrate to Java? If yes, how much can i expect? (Got zero Java experience).

Need suggestions.

like

What’s your biggest weakness? And which quality is that related to?

like

How come we haven’t unionized our jobs? I don’t think 100% of it can be outsourced to India, Mauritius, etc. and given the number of hours we’re required to put in, I don’t believe we have very good working conditions. Just curious in thoughts.

like

Any recommendations on brokering app (features and fees included) for trading in India’s stock market ? What has been the experience on signing up to these from out here in US?

like

Hi everyone,
I gave interview for EY for performance test engineer and scored good points in technical round. Now my HR discussion is pending since last 15 days. Any idea how long will it take to get this done along with the offer letter as today 22 nd July is my last working day in current company. Should i wait for the offer letter or join other company from which I am holding offer letter right now?

Any Office Manager in Chicago? What’s your salary range? I applied for a OM position, I currently am an EA and I am curious about the salary.

like

Hi guys, I have a bachelors in management from Pace U and have 5 years in auto sales experience, any suggestions on where i should start if i wanted to switch over to tech sales, what the starting positions to looks into, and how to break the barrier? TIA!

like

What are your thoughts on how faith should affect your work?

like

So I have been seeing a guy for 4 months. We have a pay disparity.. he earns less than I do (by quite a bit). He has mentioned a few times that he’s worried I’ll get bored of him when I know he can’t afford the same things I can. I think we are beginning to move past this, but now he’s starting to mention things like ‘I am really broke this month’, and last weekend he told me his mum has lost her job and he’ll have to probably pay her rent. I have a lot of sympathy for his situation … tbc

like

Failed reg, studying for it again, dont want to. Talk me out of quitting.

like

How long does it take for Deloitte to send out offer letters, I was placed last year and my joining is coming june! Still haven’t got my offer letter! Deloitte

like

My hair and makeup artist just backed out for my June wedding in upstate New York. Any nyc or Catskills based recos? Clearly I’m about to be desperate as hell

like

Additional Posts in Finance

For new hire who’s struggling, will going back to office actually makes things better and easier?

like

How do you look at block chain or any crypto currency? Do you really believe in it’s future or it’s just a temporary hot spot? Not sure if it’s worth it giving up a BB job for a start up in that area.

like

When your damn ED talks to the rest of the team with his back turned to you expecting you to hear and be part of the convo! God damn it - learn some manners

like

Best lunch spot in Midtown?

like

Friday night NY... who's up to meet at a cigar lounge and exchange the week's war stories?

like

Wearing athletic shoes to and from office. A no-no?

like

Anyone know of a good resource to learn how to analyze CIM’s?

like

Any success or failure stories you can share about bankers who made the switch to start ups?

like

What value does CFA add if you’re on the technology and/or Risk Management side of finance? Specifically unsecured lending.

FWIW, I already have an MBA. I’m just contemplating the CFA to boost my resume.

like

New York sarcasm is a local delicacy that doesn't travel well.

like

How did y'all get into finance? I did it because my family is involved in the field

like

Best group in IB for hedge fund recruiting?

like

Talking a shit is the only time I have to breathe. And coincidentally write this post.

like

Does anyone else wish they traveled more for work?

like

The hangover is real today.

like

Serious note... When do you feel fulfilled the most in life?

like

Any implications of resigning effectively immediately if you're still on probationary period? Leaving the industry completely for another opportunity. Shitty I know but can't afford to turn this down

like

Whats a reasonable amount of time to put towards studying for series 63? I passed my 7 two years ago and am now just getting around to it

like

Diversity is something that BBs have been pushing in recent years, but how well has it actually been executed? How diverse is your group and do you feel like diversity recruits are treated the same?

like

Best snacks at your office? Looking to change it up a bit for next weeks order...

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal