Re: Say goodbye to the dream
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Jason,
If you accept any one of the trading positions offered
to you, then you will be making a very wise choice.
For a number of years I was a member of the American Stock
Exchange and made markets in equity options. There were
quite a few bridge, backgammon, and chess players on the
floor in those days, including Jason Lester and Paul Magriel
(on the COMEX I think). I know that a lot of the floor
traders would envy the training and support that you will
receive from the big firms.
Trading a desk on Wall Street is infinitely more interesting
and complex than poker. You will meet very interesting
people, you will learn a great deal more about the world
than you could spending all day at the Bellagio, and your
expected lifetime earn is much much greater than it would
ever be at poker.....even for someone with your skills and
prior record of success.
Which job to take? They are all top firms with top training
programs. My own inclination would be to choose an equity
options job over a commodity trading desk. Its more mathematical and broader based, with broader applications
throughout finance. Goldman is the premier firm, but
all three are first class.
Good luck and congratulations on making a very very
wise move.
Suerte,
Jonathan
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Yeah, go work for the AMEX. Their traders must make hundreds of thousands of dollars the way they screw retail clients.
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