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Trading job without degree, would I qualify?

  • #21
  • Jul 9, 2019 7:34am Jul 9, 2019 7:34am
Quoting profitfarmer
{quote} and they are just getting better now... ( although in actuality we are talking about Axitrader, the owner of Psy)
I hope they don't fade out for lack of good traders to keep fund providers interested. I am struggling with the score. Could get 77 in a lucky day but couldn't sustain. "Get there or die trying", that's my motto.
  • #22
  • Jul 9, 2019 12:36pm Jul 9, 2019 12:36pm
Quoting ArtVendelay
A track record will not help you there either. They need lateral thinkers who usually has specific knowledge about an industry or a market. They mostly hire specialists of the industries in which they invest in, ex investment bankers and ex consultants (think Mckinsey). But this being the gig economy, in today's world you can freelance your way to managing OPM. If you know how to code, quantopian can be a solid option. Code a strategy, backtest it, enter their contest and if they like it they give you millions for your algo to trade. No degree or...
There are a few in the US like Apiary Fund https://wq377.isrefer.com/go/ReferralProgram/a9539 . My guess is there's a list on FF somewhere of prop trading companies.
  • #23
  • Jul 9, 2019 3:28pm Jul 9, 2019 3:28pm
Quoting CashBox
{quote} There are a few in the US like Apiary Fund https://wq377.isrefer.com/go/ReferralProgram/a9539 . My guess is there's a list on FF somewhere of prop trading companies.
30 days free trial, then $97/month, "keep 85% of profits on our funds"? No, thanks apiary trap.
  • #24
  • Jul 9, 2019 3:33pm Jul 9, 2019 3:33pm
Quoting Jairo
{quote} 30 days free trial, then $97/month, "keep 85% of profits on our funds"? No, thanks apiary trap.
So, if someone gave you $250,000 to trade and you made 10% a month off of it, you wouldn't be willing to pay $97 a month for 85% of that $25,000?

psyquation only pays you 20%.
  • #25
  • Jul 9, 2019 3:41pm Jul 9, 2019 3:41pm
Quoting CashBox
{quote} So, if someone gave you $250,000 to trade and you made 10% a month off of it, you wouldn't be willing to pay $97 a month for 85% of that $25,000? psyquation only pays you 20%.
Someone that charges you $97 a month for "data" is not reliable. You will never be able to withdraw your profits from them. That's an obvious scam setup.
  • #26
  • Jul 9, 2019 3:58pm Jul 9, 2019 3:58pm
maybe the OP could tell us how he fared 10 years later

quite likely he just kept trading his own account

if you 're already profitable with a 4 year track record and a decent account just keep up your own trading
  • #27
  • Jul 9, 2019 4:25pm Jul 9, 2019 4:25pm
Quoting Jairo
{quote} Someone that charges you $97 a month for "data" is not reliable. You will never be able to withdraw your profits from them. That's an obvious scam setup.
Hmm, my relative who trades with them gets paid in full each month so maybe try some facts before you spew fake info.

Also, ALL MT4 brokers pay for data. They just pass the cost on to you via commissions/spreads. So, are you saying all MT4 brokers are not reliable?
  • #28
  • Jul 9, 2019 7:00pm Jul 9, 2019 7:00pm
Quoting CashBox
{quote} Hmm, my relative who trades with them gets paid in full each month so maybe try some facts before you spew fake info. Also, ALL MT4 brokers pay for data. They just pass the cost on to you via commissions/spreads. So, are you saying all MT4 brokers are not reliable?
We repay brokers' costs and that's fine. I won't pay upfront $97/month for anything. Each one knows where he/she puts his/her money in. If I don't trust I don't go. Good luck.
  • #29
  • Last Post: Feb 25, 2020 1:28pm Feb 25, 2020 1:28pm
It seems to me that every company that values its reputation will select only those managers who can prove their qualifications, and for that they will need clear documentary evidence. And maybe the usual statistics, even if you have the perfect statistics, in this case there will be little. Therefore, a master's degree or something like that will definitely come in handy for you to stand out from other applicants. Plus, if you really want to do it professionally, you need to look presentable and be able to speak well, because many companies provide for personal meetings with clients and you need to be able to make a great impression. This is also very important for your promotion and career development.
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