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Old 10-09-2008, 11:17 AM   #9
zdo

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Re: Best College Degree For Traders

If you KNOW you are going to be a full time independent trader and nothing else, take jock courses so you will have time for Screentime 101 - 401, PersonalEdgeFinding 101 - 401, Backtesting 101 - 401, PainManagement 101 - 401, Perseverence 101 - 401, and whatever other trading 'coursework' you will need If you have any leaning towards having a trading mentor - do it now.

Pick a court game - tennis, raquetball, handball, even table tennis - and get good at it.
Take fencing if it's available.

If you don't understand programming - take courses until you do
If you don't understand accounting - take 101
If you don't understand finance - ditto
Same for economics, statistics, psychology, etc
and ...these only if you have obvious gaps in understanding - otherwise don't waste your time.

If you don't KNOW you are going to be a full time independent trader major in the field supportive of your most likely career and minor in liberal arts classics, subjects that over time you'll appreciate they really round out your 'brains'

"Never let school get in the way of your education" Mark Twain
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Old 10-09-2008, 11:50 AM   #10

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Re: Best College Degree For Traders

Nice post zdo. I am a rookie in trading but I feel it the same way. I have a master degree in civil engineering, yet I think education is not relevant. IMO what matters is open mind, logical thinking or common sense, and dedication.
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Old 10-09-2008, 06:27 PM   #11

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Re: Best College Degree For Traders

Quote:
Originally Posted by zdo »
If you KNOW you are going to be a full time independent trader and nothing else, take jock courses so you will have time for Screentime 101 - 401, PersonalEdgeFinding 101 - 401, Backtesting 101 - 401, PainManagement 101 - 401, Perseverence 101 - 401, and whatever other trading 'coursework' you will need If you have any leaning towards having a trading mentor - do it now.

Pick a court game - tennis, raquetball, handball, even table tennis - and get good at it.
Take fencing if it's available.

If you don't understand programming - take courses until you do
If you don't understand accounting - take 101
If you don't understand finance - ditto
Same for economics, statistics, psychology, etc
and ...these only if you have obvious gaps in understanding - otherwise don't waste your time.

If you don't KNOW you are going to be a full time independent trader major in the field supportive of your most likely career and minor in liberal arts classics, subjects that over time you'll appreciate they really round out your 'brains'

"Never let school get in the way of your education" Mark Twain
Thanks for you response. What do you mean by jock courses? And screentime perserverance and pain management...are those real courses?! If they are, I'm there! I'm very hesitant to take classes from non-formal sources like online trading academy and places like that. Is that what you were referring to?
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Old 10-09-2008, 11:28 PM   #12

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Re: Best College Degree For Traders

I am studying political science - simply because I enjoy it. I personally think you should study what you enjoy while getting your BA. You don't know what will happen down the road, and what's the point of limiting yourself to one thing? That was the advice given to me by my mentor who was a partner in a big 5 consulting firm.

But I will be honest, I will most likely minor in statistics or econ. I am leaning towards economics because I want my own global private equity fund down the road. But I still plan on taking statistics classes to boost my knowledge for my options biz.

Take my advice with a grain of salt. I am probably like most people here, and I'm self taught. If I want to learn something, I go out and learn it on my own.
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