Trading Simulations at Assessment Centers Watch

awm55
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#1
Report Thread starter 9 years ago
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Hey guys,

Just wanted to get your view on trading simulations at assessment centers (the ones with the expected value). Do you think they are accurate in determining your trading ability and are they/should they be a factor when considering someone for a real trading position?

I know a few people who are great traders but apparently always stumble when it comes to the open-outcry atmosphere of these types of games.

Any thoughts?
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President_Ben
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Report 9 years ago
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Moderately accurate for certain trading roles.

If they issues with the open-outcry side of it, they have other problems with themselves that could matter far more.
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awm55
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Report Thread starter 9 years ago
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(Original post by President_Ben)
Moderately accurate for certain trading roles.

If they issues with the open-outcry side of it, they have other problems with themselves that could matter far more.
i'm guessing they are far more accurate for someone trading cash products? You definitely know better than I do!
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President_Ben
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Report 9 years ago
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(Original post by awm55)
i'm guessing they are far more accurate for someone trading cash products? You definitely know better than I do!
Not necessarily. Any area where your process of thought carries substantial weight, rather than your ability to gain edge through research/pricing.
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uthinkilltellu
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The ones I've attended were good at showing the recruiters whether applicants were able to handle pressure* and stress, or not.

*The pressure generated by the simulators =/=always = pressure of real life trading.
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