a trader in hedge fund for 10yrs. Recently did a master in data science. Looking for some fintech related job. Advice?
Why don’t you start your own algo trading firm
capital risk, overhead costs (infra, brokerage, office, recruiting, etc.), operating experience, etc.
Have a friend who did trader and then swe. Doable and he is making a lot of money at Uber right now.
Out of curiosity what is your TC as a trader? And yes, lots of big companies and unicorns have fintech engineering and data science orgs that will really value your experience.
Also curious about TC as a trader, is it a big comp drop off to become a SWE? Also I don’t feel the transition should be too difficult
I got 150k base plus 10% of the pnl i made as bonus. 60pct in cash 40pct deferral in 2yrs
How much on average was your PNL?
It really depends on the mkt and ur LUCK, roughly between 2mm to 5mm a year
@OP based on your numbers looked like you were making $400k - $650k a year tops as a trader at an HF. Though my understanding some people in hedge funds make a lot more than this. Is that true?
Why fintech?