Trading full time - what do you think will happen?

MRC & Co said:

Good to hear from you jersey.

IMHO don't waste your time, nor money on a Masters. They are only useful if you are working and specialising in an area.

Sounds like you are more into the practical application, so no need for theory.

Cheers

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G'day MRC,

This is partly why i decided not to do it - i felt my studying time would be better spent on actually studying trading and not generic finance / economics type stuff. However, two reasons as to why it is still on my radar:
1) i may like to work in this field some time in the future
2) i believe a base knowledge in finance / economics can be very beneficial even if you are a pure technical analyst. As you would know from The Chartist's analyses - yes it is technical analysis but comment is often made by Nick that relate to fundamental analysis / sectors / interest rates / oil etc.

Jersey

Yeh, it is useful, one of my degrees is in Economics, however, you can probably learn most of the basics by just picking up a basic micro and macro textbook and reading it yourself.

Masters, generally focus on one specific area, so you will not really get a base understanding from what I am aware.

The entire process of Uni is more just for the paper so you can 'proove' you can research and present information at a University level. So definately helpful if you may want to work in the field one day, but other than that, I would say the things even someone like Radge states in his analysis are very very simple if you just learn the basics.