Trading Assistant Interview

pupdawg82 Wrote:
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> topher where are you located?


Los Angeles. Why?
 
I don't think I have the guy's contact info anymore. I can't access gmail at work so I would have to run a search later at home.
 
topher Wrote:
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> pupdawg82 Wrote:
> --------------------------------------------------
> -----
> > topher where are you located?
>
>
> Los Angeles. Why?


lol, jacked again topher.
"Fool me once, shame on you; fool me twice, shame on me"
 
This thread's given me the best laughs of the day.
 
On the buyside, this job gets the trades from the traders and works with the sell side to settle trades. You should know settlement terms, DTC, DVP, Fed settle, etc.
 
Alright guys, I just searched my inbox and couldn't find his actual resume, but I did find out who he was again.

http://www.analystforum.com/phorums/read.php?1,782040,782040#msg-782040

Tran Loi, BOMonkey
Bank of New York Mellon (at the time, no idea where he is now)

$hit I hope this doesn't come and bite me in the ass.
 
http://investorloi.com/?page_id=190

Found his blog.

Live from his blog, wonder what happened here...

Applied for 18 Credit Cards
Saturday, June 16th, 2007

I�ve now received all my cards and got most of my balance transfers. I borrowed $101,000 with another $16,200 on the way. I still have 2 of my Citibank card(1 business and 1 personal) balance transfer saved up so that I can use them in a year.

I just applied for 18 credit cards. I plan to borrow money from the cards to invest. It took me several hours of research to look for the best deals on new credit cards. I signed up for a few business credit cards too. I used www.cardselection.com to get their sign up bonus for most of the cards. Most of the applications were deferred. Roboform was used to fill in the applications using the autofill function.
So far, there I got 4 instant approvals, 1 denied, and still have 13 pending.

Here are the cards I applied for:



Edited 1 time(s). Last edit at Saturday, March 6, 2010 at 11:02PM by CFAvsMBA.
 
haha. I was just asking...no plans to move to California from NYC.

Good Luck this time.
 
From the blog:

Year End Tax Loss Selling
Wednesday, December 10th, 2008
I still need to sell my mutual fund and stocks to claim the tax losses on my return. The IRS lets a person deduct up to $3,000 per year of losses off their adjusted gross income. My plan is to sell some mutual funds and stocks before the distribution date and buy a different, but similar fund the day after the distribution.

I made several mistakes this year that I regret. The first is buying mutual funds in my taxable account that have large year end distributions. Even though I lost around 40% for the year, I still have to pay taxes on the year end distributions which are about 5%.

My second mistake is leveraging such a large amount at a bad time. I knew that we were near the end of the bear market and the economy is slowing down, but somehow I did not think of the risk involved in leveraging 100% of my portfolio at near the top of the market. The extra leverage cost me close to 15,000 dollars on top of the investments I have already have. All together, I�ve lost close to 50,000, which is close to all of my life savings.

I have confidence in the market and I am planning on investing more and using more leverage. The markets have gone down enough. This is a very good opportunity to invest.
 
CFAvsMBA Wrote:
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>
> Applied for 18 Credit Cards
> Saturday, June 16th, 2007
>
> I�ve now received all my cards and got most of my
> balance transfers. I borrowed $101,000 with
> another $16,200 on the way.

Holy sh*t...
 
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