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 Advice on career related to trading (legal)

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workinghard P
post May 9 2021, 12:50 AM

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Joined: Jun 2020
QUOTE(Apextrader78 @ Jan 5 2021, 09:55 PM)
Hi, if you are just keen on actively trading stocks, i suggest you apply for a position as a trainee proprietary day trader, you will be called a dealer's representative but its just a legal thing because you wont really be trading for any client but for the firm or trader who employs you, following a team or a person is the only way youll learn how to trade. Firms like affin, kenanga , TA, interpacific, mercury and so on. Their active day traders move a ton of volume and they trade their own book , means you eat what you kill. You dont need to be super smart as you would to get into IB or fund management as thats a whole different ballgame. Active trading is more or less just moving liquidity while making profits, trust me they are serious earners just by doing this, talking 7figure months. Even IB does not reap such rewards unless you are at a very high level after more than a decade spent by making big deals.
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Hey can you tell me more about this? There is rarely opening for proprietary day trader. How should one apply for a job there? And which firm is the best to join?

 

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