The College Trader

Hi,

I've not been trading these times because of work and studying and i've been busy at all, I've been in London last week in Deutshce and Socgen to see trading floors and to meet some traders there....nice trip now i have finally some time and i started to trade and i really feel that i've not been doing so for some time - especially when trading intraday


Mike.

yea im back been busy a bit with studies, hows trading?

truth be told,which one of us college traders is actually consecutively profitable?
ok me first ,im not ,still testin new ideas.

U?

Chong Qing university from china.

hey there,

im a student from munich germany, started to get interested in forex trading about 2 years ago... had a live account about a year ago, but wasn´t profitable at all. i used to trade intraday, but found out that its really hard to predict and sooo random bc there´s just too much information to be priced in i guess. so now i switched to a more mid-term approach, everything from 2 days to 2 month or even half a year. i try to get as many opinions and information on the market and then make a thought through, educated guess. so im always searching for new thoughts, ideas, comments, but i dont know if this is the right thread to share my ideas on the market, if not i will be glad to open a new one. if so feel free to share your ideas as well.

greetings

i started trading while in olabisi onabanjo university in nigeria, it was profitable for me then,but i had to learn how to code ea in mql4 which made me to suspend trading. my advise is simple"DO NOT JOKE WITH YOUR FOREX EDUCATION"and get a great trading system then code it.

trading is going well bk.......this semester is a bit tough though, ill be glad when its over.

greetings
istanbul bilgi university from turkey

lads euro-gbp can break down 87 and our target will be at least 150 pips. just waiting euro-usd short cause on friday the non-farm data is expected really good.

Hey guys, it's been a while since I've posted around these parts. The semester has been incredibly busy with classes, employment search, CFA prep attempting to have some sort of a life on the side. Luckily all the work paid off and I signed with a large investment company here to be in a 2 year investment position. My trading and research has unfortunately slowed down a little since I had no time to focus but I am hoping to restart most of it this winter break.
Some of the things I have been working on are algorithms, some quantitative strategies, and application of neural networks, but this has been very high level so far and just familiarizing myself with concepts and platforms before I can really dig in. I am attempting to move more and more from discretionary trading to algorithmic hoping to be able to work my full time job and do this on the side on a sizable scale. So far I've seen a lot of potential and am running things live for a few months now in the profit.

It's good to see some of the early entrants of this thread still alive. I think it's an inspiration to all interested in trading early on. Keep it up!

Is everyone enjoying their winter break.

It's cold in Ohio and there's snow everywhere. I'm grateful that this is my last December as a resident of this great state.

i just started break today....thankfully

ohio blows man! This is probably the worst state in america, shitty weather, no hot chics, broke etc....

im taking a trading break till january and enjoying some time off from school and trading. Ill probably work out a lot and kick it with some friends, try to find some proper fit chics, just got a job at a small HF. I headed to chi for new years should be a good time.

lets get this thread going again

hey guys, yea same, I'm taking a break to start studying market makers/dealers in options. Congrats jonaslt. It seems that the majority of trading/investment positions are for quants, particularly algo and HFT. The volkner rule is also starting to limit the best jobs (investment bank props). I am thinking about getting an MFE...hmmm I wonder what the future for trading is as discretionary traders become phased out.
regards,
will

I'm going for the lower blood pressure (and lower salary I suppose) of a financial adviser. Plenty of time to trade and relax in a warmer state.

I guess like most of you are the only trader from your respective universities. Shows the top 3%, ice only met 3 traders from my 6 years at university, im an architecture major, just 3 subjects left and have been acccepted into my masters.

I find that i can do my trading whilst studying also though, im a technical trader so im not waiting around for a session of fx to start im waiting on a signal from my trading session.

Due to my broker selling off to Gain Capital, forex.com, i am recently without a broker, can some one suggest a broker?

where you going to be a finadviser?

are you leaving ohio?

I personally like the MT4 platform so interbank fx works well, but I think Oanda would be a nice place to start. Both allow for smaller lot sizes and have reasonable spreads, but Oanda makes it somewhat difficult to alter your positions (since you can't liquidate several positions in one click). Check around the web, there are people with more experience in brokers that I don't know.

I could complain about platform freezes or stop hunting during times of great volatility, but I would pretty much be complaining about every single broker. In fact I would pretty much be complaining about the market itself.

It is very hard for me to find traders as well, especially because I'm heading into the derivatives market (it's almost impossible to find anyone with actual trading or dealing experience, though I know a few that know their academics). I think you might find more traders if you tried looking in the statistics or math dept.

frankkn- I met a previous alumni from my school that once acted as a market maker in options/equity trader at city. After several years of trading, he also became an advisor. He said it was definitely more laid back and that the trading division has essentially become mathematicians. He mentioned the best place to start for trading may be working at a prop, getting some connects and then hoping for work as a dealer. Either that or working in the back office. So your plan to become an advisor is financially sound, though I still suggest that you keep your options open by working at a prop and getting some connects

liverpool tafe all the way,next year if i recover from an injury,lol

i was with forex.com,they were good,but i didnt like their charts,but i didnt complain about the minimum 10k lot size,since i didnt know better that there was a 1k lot,if i did i wouldnt prob loose my 16th bday present the 500 bucks,and that was 2 years ago,

i currently trade with etoro,their charts are bad,so i use mt4 demo from ibfx to analyse the markets with .
my recommendation would be,(this is what i want to do),think or swim,but their minimum deposit would be a bit nasty 3.5k ,but the advantages are that u have the acces to evry market in the world,commodities,forex,options ,penny stocks ,what ever u wish for,im plannin if i make over 5k in forex to open an account with them and trade penny stocks as a timothy sykes alert subscriber,tim is really profitable,one of his alerts subcscribers made $200 k in couple of months,and also i would like to subscribe to daytrader rockstar he makes good money too,but this might be a problem since they trade ny,so i might have to move to europe and trade from there,that would be pretty cool,
fxcm is good,but for australians its 2k min deposit,theres a new australian broker vantage fx,min deposit o,spread eurusd 1 pip ,they are introducing brokers to go markets,good thing about them is that i can just go to sydney and register and withdraw my money from them,without sending them all that id information,i like to keep my privacy,i dont know ,it all depends how much money u wanna deposit and what platform u wanna use,

Didn't see this till now, but I am.

20 credit hours left for my BS in Financial Services at Wright State University in Dayton. After a really enjoyable internship with a financial planning firm, my FA put in a good word at corporate and now I'm looking at training in Tempe at one of their corporate headquarters for either 6-10 months (changed recently so I'm not sure on the length at the moment).

After that I'll hopefully start the 5 year process of taking over a small office somewhere in the US. I am going to push for Cali or Colorado.

I doubt any students at WSU know what forex is.