This is a discussion on best route to becoming a trader in the city london within the Trading Firms forums, part of the Trading Career category; hey guys, i'm new to the forum and i'm gonna ask a question you've probably read a thousand times before Community Links Members List. Jun 3, , 7: All throughout my life people have always said i should be a trader in the city.
Not sure they say this because i've got the gift of the gab, i'm confident or because of my charisma. What's important is it's the only career i've ever been interested in. So to the question: I have no experience of working in the city and have no degree. A little about my background: I'm 26, currently work as cabin crew for British Airways, although i not gay lol. Previous to this i worked as a croupier in several casinos round London for 4 yrs, so i am very strong in maths.
I sold one of my flats 3 months ago so have got quite a bit of cash spare. I'm currently looking into doing a degree in Investment banking at City College, but need to enrol by the end of June. Would doing a degree be worth it or should i try and get a job in the industry and work my way up? Jun 3, , 9: Dboy, Go to an arcade a good one and pay for their tuition - you can afford it. It's the quickest way to learn. Then work as a self-backed trader.
Jun 3, , Jun 4, , Investment banks are quite snobby. You'll need to get your degree and hope that they take you on for an internship. You wont get any type of internship until you're going into your 3rd year. By arcade I'd say he means a small prop trading firm that will let you pay to attend their training program, such as Schneider, and then trade using your own money to back your trades.
I'd say that there is little to no chance of you trading for an investment bank, they hire young especially for traders , they are not hiring right now, City is not a target school, and even if it was your cahnces of actually being hired as a trader are extremely slim.
If you don't want to pay for training, you can spend the next couple of months reading all you can about trading and the markets, practicing on a demo and try to get yourself admitted by a prop trading firm on one of their usually unpaid training programmes.
The following members like this post: Jun 4, , 1: Do you know what a trading role involves? A lot of the traders at investment banks and funds have physics backgrounds. So it'd probably be a pretty good idea to get some A levels - Maths is essential and you need an A grade anything less and they won't look at your application.
I know, i'm speaking from experience here on that topic. Then you'll have to go to a good university and get a good degree possibly in physics then to make sure you can get a job you'll need a PhD in Physics.
Then you'll have little difficulty in becoming a trader. But is that worth it to you? I don't quite understand how it was a career you were always interested in, but didn't bother doing some research about it until 3 hours ago. Originally Posted by dboy Thread Tools Show Printable Version. Search this Thread Advanced Search.
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