I'm an IT/Computer Science graduate. Along the way of my studies I realized my passion is in stock exchange. I watched movies related to stocks and financial market. I read books about it. I read about successful traders to inspire me. I taught myself how to do basic technical analysis. I read news about anything that can effect financial markets worldwide.

Now that I'm graduated I want to chase my dream to become full time trader with big banks or firms. The drawback is I have no degree or certificate that show I'm capable for this kind of jobs. I have the passion and always motivated whenever I'm learning about stock exchange. How can I convince my potential employer that I can do this? Plus Is there any proprietary trading firms that you can suggest to me for to apply, preferably based in Malaysia? There is so many proprietary trading firms in Singapore, but that will be my Plan B.

I hope you can help me!

Use own money, create a trading account, get 1-2 years track record, the longer the better. If you can get min 30% trading profit per annum, then you have proven yourself, the higher the better. Also consistency in monthly wins will also pay a factor. Earning during bear period will also show your skill. Remember to save all the trading records. Send your resume with the records and apply..

Prop trading houses are not interested in degree or qualifications, your ability to make money counts it all. Before any prop trading firm will give you money, they will want to see the above trading record.Then they will give you little money to play with, the more you win, the more money they will give you. Your monthly 'salary' will come from a cut of the trading profits. If you stop winning for a long stretch.. they will likely show you the door.

It is the same everywhere.. MY, SG or anywhere in the world. You cannot just go in prop trading and want to learn from zero.. they don't have time to teach you or wish to risk their money..


This post has been edited by gark: Nov 24 2017, 05:40 PM

Malaysia not much... private trading houses that only take friend or the big banks. Agree as on above, track record. Once you're confident just print out the trading statements. Probably by that time you can explain your strategy, risk preference, etc.

But to be honest, while you're "learning", you will experience equity drawdown periods. You need to be able to restart to improve. It might take a while, having faith and keep trying is the only way since you want to learn from 0.

While reading books is great (I love Jack D Schwager books btw), you need first hand experience, the emotion and money involved will teach you in a different way. Also you must also know that there are many tradeable instruments such as commodities, futures, options beside stocks. Each of them are different animal and interesting to trade. The key is to find which instrument/strategy best fits you and focus on your strength. Maybe after few years along the way you can try take certification such as CFTe or CMT (like CFA for technical analysis).

I heard from friend trading for propiertary firms is really different from trading using own account. The main different is they only allow you to hold your share for few days only. You have no choice but to cut loss when your trade go against you. Can't wait for it to rebound even though you know it is good stock.

since u have degree in IT, high freq trading department of a hedge fund might want u. high freq trading guys dont need to know anything about fundamental, just full time building models with stats and writing programs.

btw banks rarely do prop trade these days, u are suppose to target for a job in a hedge fund not banks

thats firm uses the top down approach. thats why