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trader99
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. Updated on: 10 Aug 2007, 13:11
Originally posted by trader99 on 02 Aug 2007, 19:13.
Last edited by trader99 on 10 Aug 2007, 13:11, edited 4 times in total.
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dabots
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. 02 Aug 2007, 19:23
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im curious, if you can bank 600 a year...why even get an mba? seems like you can save enough to retire in a few years and just live it up.
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trader99
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. Updated on: 10 Aug 2007, 13:08
Originally posted by trader99 on 02 Aug 2007, 19:25.
Last edited by trader99 on 10 Aug 2007, 13:08, edited 1 time in total.
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trader99
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. Updated on: 10 Aug 2007, 13:08
Originally posted by trader99 on 02 Aug 2007, 19:40.
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RVD
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. 03 Aug 2007, 12:46
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my advice to you (basically worth what you paid for it) is to position your experience a little differently. day trader has negative connotations and i don't think most business schools will look too favorably on day trading as your work experience.

i am not suggesting that you lie but perhaps spin it a little differently. you obviously have certain skills so you should bring out those skills.

some ideas are:

1) say you were in personal wealth management...investing personal wealth into various vehicles to maintain a level of both short and long term growth
2) describe things as more of a hedge fund...you have money and invest it aggressively at times to try to maximize growth

as far as other skills, you work well under pressure, can adjust very quickly to changing environments, etc.

RVD.
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. Updated on: 12 Aug 2007, 19:17
Originally posted by bsd_lover on 03 Aug 2007, 21:49.
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trader99
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. Updated on: 10 Aug 2007, 13:08
Originally posted by trader99 on 04 Aug 2007, 09:39.
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trader99
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. Updated on: 10 Aug 2007, 13:08
Originally posted by trader99 on 04 Aug 2007, 10:10.
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trader99
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. 09 Aug 2007, 07:50
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. 10 Aug 2007, 01:39
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What's your ultimate goal?

Honestly, you're too old for investment banks. They hire in the 22-26 age range and keep them until about 30; I worked for Morgan Stanley, and from what I understand, it's standard practise. Usually once you hit 30 you manage the traders, balance the books, etc. Most guys burn out by 30 anyways, and from your experience, you probably know this all too well.

But about getting into BSchool, I'm pretty sure you'd get an interview to any school you apply to. Letters of references are for people who worked in a company and haven't made any $$; if you have a profitable business, well, that's the name of the game :-) Just picture yourself as a BSchool admissions officer- in one hand you have joe schmoe from India with bad English, 700 GMAT, terrible english, 4.0 GPA, super inflated resume, etc that's just going to become some mid level manager at some company and never go anywhere, and then you have some guy who's running his own trading company already raking in several hundred K a year...... quite an easy choice.

best of luck