An informative article on the career opportunities at proprietary trading houses was published at eFinancialCareers today. Drawing on information gleaned from contact with senior executives at houses like TCA Futures and Met Traders, the author describes the pros and cons, training and development opportunities, and of course, the financial benefits from going on such a career track.

However, more interesting to me was the first comment on the article: (more…)

When you’re running off Windows XP or Vista, technical analysis (TA) software abound. But make a switch to Linux, and all of a sudden, you have (almost) nothing left. Sure, you can always use web-based services, but they’re never as responsive or full-featured as their desktop cousins.

Thank god for Qtstalker then, as this open-source TA package packs a mean punch (and development is back on track too!). A whole pot of options is available, all the way from custom indicators to backtesting and a paper trading mode (haven’t tried this yet but it seems like a good idea for beginners in the art ). (more…)

One way to learn about trading (any sort of vanilla financial instrument), and of course, win some prizes, is to participate in virtual trading competitions. They may not be the most realistic of systems, particularly given that most allow you to trade as if each instrument had almost unlimited volume, but the fundamentals are still real enough to learn about.
(more…)