QuoteOriginally posted by: airmenowQuoteOriginally posted by: NorthernJohnQuoteOriginally posted by: Gilli guess you should start as a quant and move to trading after few years if you like it... it's not as easy to start as a trader with your background 'cause it's not clear what you can bring to the table rite away. it's just my opinion some other people may think differentlyIf he can't bring anything to the trading table right away, why should he spend years doing something different? This view, often repeated, just does not match with how it works in the city. All a trader brings is their potential, at the beginning.There seems to be this belief that people will learn trading skills from afar while spending time training for another job.Being a quant is crappy training for being a trader. Trading is great training.NorthernJohn,Mathematics or techniqal wise, trading which instruments require the most ? prop, equity, bonds, interet-rate derivatives, credit derivatives, or mortgage-backed securities ?That is a question which I don't think has any one sensible answer. It is like asking "which month is colder, february or june", without specifying a location.There are all sorts of different approaches to trading each of these products, and while I'd say that rate derivatives encompasses the greatest leve of abstraction, it also contans FRAs, which are pretty simple.Until you are in a bank, I would not get too hung up on which one will be best for you. I started as a FRA trader after the doctorate, and loved it. It was fast, aggressive (often back then the screens would list the price as "fast", rather than as a number), and taught me a huge amount about what it means to actually be a trader. I then moved up through options, into exotics, back a bit into swaps and bonds, then managed some others who traded for me before taking on an exotics business.All have been good. Each is what you make of them.In actual fact, in the long run, you are trading one very unique asset, which is you. looking back over my career, I wish I'd realised that earlier, and not got so hung up on proomotion or pay in the earlier years.