fao porkie....
Trending Topics
08-12-2005, 08:35 AM
#13
20K+ Super Poster.
Join Date: May 2003
Posts: 23,377
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Mike Rainbird
Originally Posted by RichardPON
Mark - you trading in the City as well?
Who for?
Who for?
.
08-12-2005, 09:33 AM
#18
Originally Posted by Stu @ M Developments
I wish i understood all this 
08-12-2005, 09:37 AM
#19
Originally Posted by chip-3door
Originally Posted by Stu @ M Developments
I wish i understood all this
08-12-2005, 09:40 AM
#21
20K+ Super Poster.
iTrader: (1)
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes
on
0 Posts
Its actually Dangerous's area, nothing to do with my stuff. I trade Emerging market Eurobonds.
I just looked up the stock and so you understand the graph looks like the power curve on a badly specced yb engine on a T200 Turbo! It suddenly SHOT up after doing fook all for years!
There are pics and articles in the broadsheets about our day yesterday. ICAP raised over Ł5m pounds for good causes.
Had loads of celebs and stuff around all day and we were all in fancy dress. 
Was fun day
I just looked up the stock and so you understand the graph looks like the power curve on a badly specced yb engine on a T200 Turbo! It suddenly SHOT up after doing fook all for years!
There are pics and articles in the broadsheets about our day yesterday. ICAP raised over Ł5m pounds for good causes.
Had loads of celebs and stuff around all day and we were all in fancy dress. Was fun day
08-12-2005, 09:50 AM
#23
PassionFord Post Whore!!
Join Date: Jun 2003
Location: Saving the planet
Posts: 5,749
Likes: 0
Received 0 Likes
on
0 Posts
I actually find this stuff absolutely facinating after buying wholesale gas and power for Kodak on the forward and spot markets (circa Ł10m/year).
Now I'm an energy consultant and keep a watching brief on Carbon prices and Energy prices but I do fancy moving into trading.
How did you guys get into it (especially Lee as I know you did sports science didn't you?)
Now I'm an energy consultant and keep a watching brief on Carbon prices and Energy prices but I do fancy moving into trading.
How did you guys get into it (especially Lee as I know you did sports science didn't you?
)
08-12-2005, 09:53 AM
#24
I've found that life I needed.. It's HERE!!
Join Date: Jan 2005
Location: Kilmarnock, Ayrshire
Posts: 1,154
Likes: 0
Received 0 Likes
on
0 Posts
How does it all work, as i read all these figures etc and it could be interesting to me, but i just dont know how the fook it works
08-12-2005, 09:59 AM
#26
Originally Posted by Paul Eggleton
How did you guys get into it (especially Lee as I know you did sports science didn't you? )
)Ive got a 1 pound bet waiting for anyone willing to give me odds.
Im going to say "its not what you know, its who you know!"
08-12-2005, 10:09 AM
#29
20K+ Super Poster.
iTrader: (1)
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes
on
0 Posts
got a business studies degree as well but I got in the way most people used to, (its changed now though)... an Ex-girlfriends brother ran a desk. Started after Uni, working with him.
08-12-2005, 10:20 AM
#32
20K+ Super Poster.
iTrader: (1)
Join Date: May 2003
Location: Essex... and Birmingham!
Posts: 21,512
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by BUK
How does it all work, as i read all these figures etc and it could be interesting to me, but i just dont know how the fook it works
08-12-2005, 10:26 AM
#33
Advanced PassionFord User
Join Date: May 2004
Posts: 1,508
Likes: 0
Received 0 Likes
on
0 Posts
I just stumbled into the business 20 years ago when i moved to Reading. They needed someone with good phone manner to collate orders from braches in the provinces & then route to the London market floor (before your time Porkie eh )
Liked the industry & I passed the exams required to trade
Worked myself up to Director of trading in Retail biz (pioneered the online trading model for the UK) processd Ł20bn through my desk yearly with 6 traders.
Now working as a sales trader finding & placing big lines of stock (mainly UK but some European) with institutions.
As example had a Ł20m order yesterday
Remember that in this business we work long hours though I do about 14 hours a day Ok travel 4 of them but still 10 hours at the desk
If you get it wrong IT COSTS !!
Liked the industry & I passed the exams required to trade
Worked myself up to Director of trading in Retail biz (pioneered the online trading model for the UK) processd Ł20bn through my desk yearly with 6 traders.
Now working as a sales trader finding & placing big lines of stock (mainly UK but some European) with institutions.
As example had a Ł20m order yesterday
Remember that in this business we work long hours though I do about 14 hours a day Ok travel 4 of them but still 10 hours at the desk
If you get it wrong IT COSTS !!
08-12-2005, 10:28 AM
#34
Originally Posted by Porkie
Took ages posting that... just seen Chips post.
Yep, spot on!
VERY different now though. Its all Grad recruitment programs etc..
Yep, spot on!
VERY different now though. Its all Grad recruitment programs etc..
No more ex barrow boys starting as traders now then?
08-12-2005, 10:29 AM
#35
Originally Posted by dangerous - reyland
I just stumbled into the business 20 years ago when i moved to Reading. They needed someone with good phone manner to collate orders from braches in the provinces & then route to the London market floor (before your time Porkie eh )
Liked the industry & I passed the exams required to trade
Worked myself up to Director of trading in Retail biz (pioneered the online trading model for the UK) processd Ł20bn through my desk yearly with 6 traders.
Now working as a sales trader finding & placing big lines of stock (mainly UK but some European) with institutions.
As example had a Ł20m order yesterday
Remember that in this business we work long hours though I do about 14 hours a day Ok travel 4 of them but still 10 hours at the desk
If you get it wrong IT COSTS !!
Liked the industry & I passed the exams required to trade
Worked myself up to Director of trading in Retail biz (pioneered the online trading model for the UK) processd Ł20bn through my desk yearly with 6 traders.
Now working as a sales trader finding & placing big lines of stock (mainly UK but some European) with institutions.
As example had a Ł20m order yesterday
Remember that in this business we work long hours though I do about 14 hours a day Ok travel 4 of them but still 10 hours at the desk
If you get it wrong IT COSTS !!
Personally i would like the adrenelin rush of it, that would actually interest me more than the personal financial gain, but ive always been a thrills junky.
Im very envious of your position, but it certainly sounds like you have earnt it
08-12-2005, 10:32 AM
#36
Advanced PassionFord User
Join Date: May 2004
Posts: 1,508
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by chip-3door
Originally Posted by Porkie
Took ages posting that... just seen Chips post.
Yep, spot on!
VERY different now though. Its all Grad recruitment programs etc..
Yep, spot on!
VERY different now though. Its all Grad recruitment programs etc..
No more ex barrow boys starting as traders now then?
But i do know of one who was that good his firm registered him to trade without even passing the exams
Only problem with that is you cant take the qualification with you to another firm so you are a bit tied
08-12-2005, 10:33 AM
#37
Originally Posted by dangerous - reyland
Originally Posted by chip-3door
Originally Posted by Porkie
Took ages posting that... just seen Chips post.
Yep, spot on!
VERY different now though. Its all Grad recruitment programs etc..
Yep, spot on!
VERY different now though. Its all Grad recruitment programs etc..
No more ex barrow boys starting as traders now then?
But i do know of one who was that good his firm registered him to trade without even passing the exams
Only problem with that is you cant take the qualification with you to another firm so you are a bit tied
Golden handcuffs
08-12-2005, 10:35 AM
#40
Originally Posted by dangerous - reyland
Chip
I guess you could say I`ve done my time
Did spend many years as a lad working on the desk with an arse of a manager for small money
But it came right in the end
I guess you could say I`ve done my time
Did spend many years as a lad working on the desk with an arse of a manager for small money
But it came right in the end
can i borrow a fiver?