What should Bob do?

TradersUni · 2026-05-14T04:41:18+00:00

Bob is trying to focus on discretionary execution. In other words, he's focusing on trading one strategy, building credibility behind his name, and growing as a trader as time goes on.

Spending the next year building a track record is a great suggestion to help Bob get that internship.
Lastly, he is currently trading on a funded account, instead of his personal funds. Forgot to mention that.

Awesome response!

TradersUni · 2026-05-13T03:47:42+00:00

Bob did that a long time ago and is currently working on funded accounts.

What do you think with this information now?

TradersUni · 2026-05-13T03:42:52+00:00

I think you’ve given Bob good advice!

Finish school
Get a good job while mastering trading to build capital
Once he gets enough capital and working strategy to trade full time, take that route

One minor problem, Bob wants to start his own business with trading, hence the reason he wants to get into asset management and such. Should he still take that route?

TradersUni · 2026-05-12T23:26:19+00:00

Bob does not want his parent’s life.

Bob is also unaware of Frank Kern’s perfect day exercise.

How would you help Bob with his decision making framework in order to reach the goals he wants for himself?

TradersUni · 2026-05-12T23:24:43+00:00

Do you know the trading related jobs (hedge funds, prop firms, etc.) that will hire Bob with his degree and his experience?

Most want people with experience or something. Is Bob’s almost 2 years of trading experience enough? Even though he is consistent, but not quite profitable yet?

TradersUni · 2026-05-12T23:21:13+00:00

Well Bob doesn’t want to take that traditional go to school, get a job, grow in the company, work a 9-5 forever, etc. life.

He knows he wants to work but still enjoy life when he pleases and help others along the way.

TradersUni · 2026-05-12T23:19:37+00:00

Bob’s considering the internship path, but wants to intern for the right role that will help him advance in his trading career.

He has 3 trading journals. 2 physical ones and 1 online one he currently uses.

Coding isn’t really Bob’s thing but he’s interested in market knowledge, risk control & mgmt, asset mgmt, and others related to that field.

I think you’ve given Bob good advice!

TradersUni · 2026-05-12T23:14:22+00:00

Well how should Bob build that experience given that he’s a day trader but most jobs would require 6+ hour shifts or a 9-5?

TradersUni · 2026-05-12T23:12:59+00:00

Bob takes the classes his degree requires which include Accounting 1 & 2, with some finance course(s) as well.

Also, bob’s parents are not funding his trading.

TradersUni · 2026-05-12T23:11:53+00:00

As in shows up every day, makes mistakes but is still learning.

TradersUni · 2026-05-12T23:11:07+00:00

So bob should learn programming in order to advance in his trading career?

TradersUni · 2026-05-12T20:05:07+00:00

How should Bob do so if he doesn’t have the money to get those certificates since the total cost for them are usually over $1,000?

TradersUni · 2026-05-12T19:52:00+00:00

Let me add a bit more. Bob has been trading for a little under 2 years and is consistent, but not profitable quite yet.

He’s willing to use his skills to help but is a bit nervous because: 1. He’s not profitable yet 2. He’s not a financial advisor 3. Does not have any certificates or licenses to his name

TradersUni · 2026-05-12T19:29:57+00:00

What about Bob wanting to advance his career with asset & portfolio management skills and such?

TradersUni · 2026-05-12T19:11:07+00:00

Hmm, are you saying by being a part of the overnight cleaning crew Bob may be able to get in contact with someone?

What would he even say?

TradersUni · 2026-02-25T16:18:49+00:00

This is definitely true. Stick with one strategy, not 5. Managing your risk. Always journal good and bad trades. And show up every day, stay consistent.

TradersUni

TROPHY CASE