Hoping to learn more about Forex and how to get into FX trading as a career

(Last Updated On: May 22, 2012)

Hoping to learn more about Forex and how to get into FX trading as a career

Hello!

I appreiciate getting to join this group! I have been obsessed over learning as much as I can for many years now, ever since my first job out of undergrad at BNY Mellon (back then just Mellon Financial). After observing how these guys worked, it became a massive fasctination with me, to a point where I decided that a change in career orientation was warrented, and so I went from preping for law school to prepping for business school.

I hope here I can meet professions in the field, learn some unique things about the FX markets and perhaps find my way in the FX world!

Thanks for reading, comments and in-mail is welcomed!


I kind of ‘fell’ into the FX industry, working at one of Europe’s biggest FX providers, SaxoBank. An exciting and rapidly evolving industry it is. At Saxo I write and produce content for TradingQuarter.com, and interview some of the industry’s leading minds in global currencies and macro-economics.

So I’d invite you have a look at TradingQuarter.com, in particular the Academy section which we have some big plans for.

Our sister website is TradingFloor.com, and is more of an institutional publication (TradingQuarter is more for retail traders).

 

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Welcome to this fantastic world that is Forex, the most liquid market to trade…
Here you have a list of free webinars (educational, market analysis, trend analysis, etc) http://www.fxstreet.com/webinars/sessions/
For beginners, there is a series of webinars by Valeria Bednarik called Beginners Corner: http://www.fxstreet.com/webinars/sessions/session.aspx?id=0abbb337-7dd3-456f-be21-31525e27faac
In here you have a full list of educational articles by topics and the full free course under Learning Center: http://www.fxstreet.com/education/
Hope this helps!

 

I really appreciate the suggestions, I will take a look at the resources that you have provided and hopefully spend the necessary time understaning exactly what it is that makes for a good strategist. Personally I have spent a lot of time trying to better my technical analysis, and use my diverse background of both heavy finance and political science to build strategies that would created the highest profit margin.

I should state that I undestand the basic levels of candle stick charts and trending, right now I tend to look for bullish and bearish rallys, which has netted some success, however I am now trying to push for a higher maximization on finding breakout points where the largest profit is taken.

I am also curious what it takes to get into this as a career? I know that no specific background is needed, but I am wondering how to build a track record, outside of trading your own funds? or is that the best way to create proof of your ability, and make yourself attractive to private funds that are seeking traders?

 

Performance and analytical abilities are requested, either if you work for a fund, as a trader or as

 

Those are very interesting areas of focus to look at! I will be honest, I have just about finished my CPA, and was looking at the CFA I as an entre into the field, would eithe rthe CMT or CTA be a better and more specific certification to achieve based on this particular area?

 

The CMT is a formal education in the fields of technical analysis and a internationally recognized title. The CTA is more of a licence to manage capital, specially required in USA. There are equivalents to both these degrees in Europe, through the STA and FSA, both in the UK.

 

Hello!

I appreiciate getting to join this group! I have been obsessed over learning as much as I can for many years now, ever since my first job out of undergrad at BNY Mellon (back then just Mellon Financial). After observing how these guys worked, it became a massive fasctination with me, to a point where I decided that a change in career orientation was warrented, and so I went from preping for law school to prepping for business school.

I hope here I can meet professions in the field, learn some unique things about the FX markets and perhaps find my way in the FX world!

Thanks for reading, comments and in-mail is welcomed!


I kind of ‘fell’ into the FX industry, working at one of Europe’s biggest FX providers, SaxoBank. An exciting and rapidly evolving industry it is. At Saxo I write and produce content for TradingQuarter.com, and interview some of the industry’s leading minds in global currencies and macro-economics.

So I’d invite you have a look at TradingQuarter.com, in particular the Academy section which we have some big plans for.

Our sister website is TradingFloor.com, and is more of an institutional publication (TradingQuarter is more for retail traders).

 

–=

Welcome to this fantastic world that is Forex, the most liquid market to trade…
Here you have a list of free webinars (educational, market analysis, trend analysis, etc) http://www.fxstreet.com/webinars/sessions/
For beginners, there is a series of webinars by Valeria Bednarik called Beginners Corner: http://www.fxstreet.com/webinars/sessions/session.aspx?id=0abbb337-7dd3-456f-be21-31525e27faac
In here you have a full list of educational articles by topics and the full free course under Learning Center: http://www.fxstreet.com/education/
Hope this helps!

 

I really appreciate the suggestions, I will take a look at the resources that you have provided and hopefully spend the necessary time understaning exactly what it is that makes for a good strategist. Personally I have spent a lot of time trying to better my technical analysis, and use my diverse background of both heavy finance and political science to build strategies that would created the highest profit margin.

I should state that I undestand the basic levels of candle stick charts and trending, right now I tend to look for bullish and bearish rallys, which has netted some success, however I am now trying to push for a higher maximization on finding breakout points where the largest profit is taken.

I am also curious what it takes to get into this as a career? I know that no specific background is needed, but I am wondering how to build a track record, outside of trading your own funds? or is that the best way to create proof of your ability, and make yourself attractive to private funds that are seeking traders?

 

Performance and analytical abilities are requested, either if you work for a fund, as a trader or as

 

Those are very interesting areas of focus to look at! I will be honest, I have just about finished my CPA, and was looking at the CFA I as an entre into the field, would eithe rthe CMT or CTA be a better and more specific certification to achieve based on this particular area?

 

The CMT is a formal education in the fields of technical analysis and a internationally recognized title. The CTA is more of a licence to manage capital, specially required in USA. There are equivalents to both these degrees in Europe, through the STA and FSA, both in the UK.

 

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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs