See title. Companies like Optiver, Sig, etc have 2-4 month long training courses where they take someone with 0 knowledge of finance and trading and make them a successful assistant trader that after a bit of experience can manage on his own. I’m very interested in learning more about these topics and would love to be in one of those trainings, but the boat has sailed for me and there’s no chance that I would be hired in any of these companies as a jr trader. In four months it’s impossible to learn everything that a degree in finance/economics/etc would teach you so I assume it’s very concentrated, just-the-important stuff which is exactly what I’m looking for at the moment since my job is already pretty demanding. Can anyone list more or less what topics are covered so that I can find materials to learn on my own? Much appreciated!
How to avoid me
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And compliance
"CanDles Nd dOuBlE ToP PaTteRn"
I'll tell you if you pay me.
It is not 2-4 month, the program is longer than that (with mixed some desk stuff). Assume that is Also the case for Optiver
I don’t know the specifics, I’m just repeating what I remember from a casual convo with someone at Optiver. In any case my point is that the program is much shorter and concentrated than a bs or ms. Could you list topics or books used in those programs that would be of interest for a serious hobbyist?
The total length of this kind of program at SIG is on bar with MS, in a way that they get paid for a MS degree in quant trading with course + project + desk training
There's no specific training to produce alpha but I'm sure in the beginning the most critical things to teach are risk management, internal tooling and maybe basic knowledge to use pandas and whatnot. Risk management is crucial and is something that can get you fired very quickly if they don't think you learned it competently. The topic of risk management is fairly generally applicable to investing too. Internal tooling, not so transferrable.
Yeah I know, I’m not asking about trading strategies but about fundamental knowledge like you say with risk management. I’ve never been in the industry so I don’t know what kind of base professionals get that retail doesn’t.
They teach you bull crap. I hate to see swe selling their self respect for a little extra money. Please don’t disrespect the entire swe brotherhood. Silently join the trading company, get humiliated, learn BS, get fired, and then share your wisdom on blind 😷
Depends on the firm, but most likely ALOT of fundamentals, and just generally the way the firm “views” the world. Btw age isn’t the most important factor. JS hires non-college adults as trading interns sometimes, so I’m sure other firms do too.
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