Becoming a trader on wall street.?

Question

I have been looking at companies to work for and Goldman Sachs has really caught my eye. But looking through the divisions i can't find the division a trader would fall under. I think i'm just missing it or misunderstanding. Please help- thanks in advance

Answer 1

You're not understanding. Trading is usually not a seperate division, it is a department.

You have to decide what type of trading you want to do, Goldman has floor traders (equities, options, commodities, currencies), in-house traders (OTC, wire traders, fixed incomes, government, currencies, commodities and block traders)  

You're going to have to choose what area you want to get into, and products you want to trade.  In this business there are no such things as trader trainees.   You have to accept a job in the trading department doing whatever they ask you, you don't complain about the hours nor the salary.

All traders, with the exception of fixed income traders fit the same mold.   They are usually above average intelligence, good at math, have an outgoing personality, and are not wrapped too tight.

Study hard about the varios markets and the products traded in each.

Answer 2

You cannot just go to work for Goldman Sachs. It would like deciding to play football for the New England Patriots.  You have years of education and apprentice work ahead of you.