Major for stock trade?

I am a noob when it comes to the financial world, so please help me.
I am really interested in stock markets and I need to decide what I am going to study soon.
I was going to study economy at a german (elite) uni, but a friend who is studying there told me that I would have to study mathematics or IT to work at the stock market.

What should I do? Do I really have to change majors?

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No, you can learn this shit on your own.

Your mate is right. If you want to explain the stock market the whole day u have to study economics. If you realy want to make money and TRADE in the market you are a rich man with IT+financialskills combined.

quit giving your money to the kike schools and use it to start your portfolio.

everything you learn there you can learn on your own for free.

if you can't do that then school wont help.

Study anything finance/economy/math related and do CFA certification.

>quit giving your money to the kike schools
Uni here is free (although I believe it is retarded, but as an individual I am gonna take advantage of this economic illiteracy in my country)

>use it to start your portfolio
isnt daytrading dead?
Not interested in IT or mathematics. What EXACTLY could I do with economy/finance in this day and age?

>isn't day trading dead?
A portfolio is a list of stocks you own. If you want to trade stocks (daily or no) you need to own them. The collection of stocks that currently belong to you is your portfolio.

this

Buying stocks isn't even that complex. Just learn about chard indicators, how to read the fundamentals of a company, and be familiar with what industries are doing well and which are not.

>"dear internet, i am stupid and dont have any innate talents or curiosities so i was wondering how i can learn to get people to pay me money for no reason?.. In other words how do i get free money?'

boom!!!
but yeah easy on the juden mate! we are all part jew oderwise we wouldnt be here!

I recommend you grow out of the childish mentality that you're in.

You're not going to become some big swinging dick trader like it the movies. Sorry to burst your bubble but that stuff is fake.

You are one of millions who fall for it and it is incredibly disturbing.

>german (elite) uni
Doesn't exist. They are all heavily underfunded and mediocre at best

>german (elite) uni
Now I'm curious OP. What uni?

not with that attitude you won't

Not OP, but I'm interested in building a portfolio and investing. Are GM and 3M still safe investments for the short-term and if so, how much of each should I buy into? Also, how would one go about investing personally? I mean without a stock broker.

I thought they were free though?

If you want to work for prop trading firm, hedge fund, or investment bank (as a trader, wealth manager etc) you are going to need a proven record. If not, you are going to need quantitative abiltiies at either an elite school or 3.75 GPA so that they know they can teach you how to trade invest what not and you can also do quantitative stuff for the firm.

You can teach an engineer, mathematician, physicist, statistician about finance, but, you can't teach a finance kid about math.

Source: Family member is now a trader, originally an accountant with a strong record for frequent trading (few days), his strategy is to trade news (where i assume his accounting background comes in to play)

What is that compony in the background with the yellow logo?

(guy you replied to here. Posted with my phone earlier)
They are, and that's the problem. You get what you pay for.
Why do you think our universities are so low on the world rankings? They are state funded and not allowed to take tuition fees, which leads to all of them being equally poor and destroys all competition between them.

Since this isn't enough they are regulated by the government and can't really decide who gets in. If there are more applicants than places they decide who gets the place purely on their High School average grade. No interviews, no personal statements, no extra qualifications. Literally nothing but the number on your high school diploma. Here's a simplified example of a hypothetical mathematics course with only 1 place
>Student 1 has an A in math and a D in literature
>Student 2 has a C in math and an A in literature
Student 2 would get in because in average is higher and the university won't do jack shit about it.

Those 2 reasons combined completely destroy the will for universities to compete for students. It's basically the same problems socialism/communism faces with businesses.

Germany can not have elite unis because it's a socialist education system. Any employer will prefer most US/GB degrees over a German "Universität von bumfucknowhere" one.
The worst thing about it are the students protesting the tuition fees (you can't even call it tuition fees. It was only about 200$/year in the past) on the basis of "Poor people are entitled to a degree too!". In both the US and Great Britain you can take government loans to cover your tuition fees. And as long as you don't study some inane shit like Gender studies it pays off in the end and everyone wins. Meanwhile in Socialist Germany we pay higher taxes and the government decides how much each university """needs""".

Open a Robinhood acct. (check the thread) don't listen to the Stormfag/pol/tards go to fucking school , learn investing , you will have a certain% advantage over the uneducated that will pay. How do you think the Jew boogie man these guys envy got Rich..............Enter non-stop merchant shitposting NOW

>Open a Robinhood acct
>How do you think the Jew boogie man these guys envy got Rich
he thinks the Jews don't own Robin Hood

Still, and my friend also told me today that most banks are giving up stock trade and only do MINTs (i dont even know what that is). So is wall street and stock exchange in general dead?
The movie pic was just for fun...but how are you supposed to know what I am able to achieve?
Lmu munich

If you didn't had any interest in this shit before and all this year, why do you want to study this shit?

I like the market since I my childhood. When I was 11 I noticed shareprice from the news tv and compared it with the price of days before. I bough my first shares with 16 (dads name). Study something you would enjoy and don't waste your time.

>MINT
>Mathematik, Informatik, Naturwissenschaften und Technologie.
It's literally STEM.

> fake
> literally thousands of people are making millions in the stock market in the present day

Yeah so fake.

6 months ago I talked to a guy who put about $250k into Apple in 2006.

Either study FInance or Business Administration.

School is just the chalkboard though. The real test is you getting out there and working on your trading skills.

Dude! Computer Science and Math, Computer Science and Math, Computer Science and Math
Computer Science and Math, Computer Science and Math, Computer Science and Math
Computer Science and Math, Computer Science and Math, Computer Science and Math
I'm a graduate from a SUNY school with a Finance degree. It was a fucking joke! Everything was just barely scratching the surface when it comes to real financial markets. You are better off learning Majoring in Computer Science and also learning as much math as possible. Then learn about Finance and Trading on youtube videos and Books and Investopedia. I'm not fucking joking I really wish that is what I did Business school was a fucking joke.

Replying to my own post, also if you take computer science and down the line, you realize that people involved with trading financial assets are all a bunch of bloodthirsty assholes. The sky is the limit with how many other tech type jobs you can get into.

Commerzbank, senpai

>SUNY

Well, there's your problem buddy.

B-b-but SUNY binghamton is a good school.
But i have posee.

>tfw ironic twist of fate when i took the L scholarshipwise despite being a minority bc my parents weren't welfare tier.

>you realize that people involved with trading financial assets are all a bunch of bloodthirsty assholes
I resent that.
Apologize before I crack your bones and eat them.

How old was your family member when he entered finance?
I started university late because I spent my teens and early twenties as a full time care-worker for my father until he died.

I'm currently doing a masters degree in mathematics at a university in the UK, it's not one of the MAJOR players but it's in the top 15.
I'm on track to graduate 1st class with honours, which is supposedly equivalent to 3.7 - 4.0 GPA.

My problem is that I'll be 30 when I graduate. Some of the alumni and people in the industry I've spoken to have said the high paying jobs like investment banking prefer 21 and 22 year olds. I'm wondering if it's the same in the states?
I look unusually young for my age and I'm extremely healthy and have no family responsibilities anymore but I'm worried I'll be considered too old to compete with the guys in their twenties.

>tfw going to SUNY Binghamton
Am I going to make it? Do people who go to better public schools make fun of you?

>mfw I planned on transferring to a SUNY school next year

Economics is a shit-tier degree.

Op here, I have just seen on the homepage of the uni that if you choose to study math, you can specialize in finance.
On the one hand I am scared that it is crazy difficult, but on the other hand I dont believe in the talent myth, only in learning.

Why do you want to do this? What's your motivation?

financial freedom, enable children I might have one day to not worry about money (education), purpose in life (fuck "do what you love", I believe in learning to love what you do)

I also dont see my purpose in anything else and I went to a german equivalent of a high school that had an emphasis on economy, so this all isnt completely new for me. Its not like I am just choosing to study this just because I feel like it.

Christ that's a terrible answer, you didn't give even one good reason.
Whatever you do don't say this shit in an interview.

It's okay if your only motivation is cash. But you can't actually say it because the majority of people who are solely motivated by a high salary will be bad at their job and burn out fast.
Employers know this.

it isnt just cash, I am actually very interested in this, but I cant say too much since I havent seen the inside of the industry

online.wsj.com/public/resources/documents/info-Degrees_that_Pay_you_Back-sort.html
Economics has the 5th highest avg mid career salary and for the top 10th percentile it's 1st. It's only a shit-tier degree if you're a shit tier student at a shit-tier uni

What is "this"?
WHAT are you interested in? Give some details.

If you want to work at a trading firm math is the way to go. Everyone is going into algo trading so math really is what they are looking for. Of coruse you will also need to look into doing the CFA after you graduate which will take you around 5 years to complete unless you are very lucky and pass all three tests your first time. If you just want a foot in the door and see what finance is like, a Finance or Economics degree is fine. It is very easy to get into an operations role. Maybe take a look at a stock loan operations or other operations jobs. They are not glamorous but it is a easy place to get into the bigger banks to start.

financial markets
actually considering math now
>CFA
I read that you need 4yrs of work experience and to pass three exams, why 5 yrs?