3 SOFT SKILLS you need to master to break into quant trading

Summary

In this video, Coding Jesus emphasizes the importance of soft skills for breaking into quantitative trading. He outlines three key skills: coachability, the ability to learn and grow from mentors; working under pressure, essential for quick decision-making in dynamic markets; and taking initiative, which involves making informed decisions even when they carry risks. These soft skills, he argues, are crucial for a rewarding career in quantitative trading.

Takeaways

• 😀 The video focuses on soft skills crucial for breaking into quantitative trading, emphasizing their importance over hard skills.
• 🧠 The first soft skill discussed is 'coachability', which involves being open to learning, humble, and having a growth mindset.
• 📝 To be coachable, one should actively take notes and improve at accepting feedback, which can be challenging for some due to ego issues.
• 🤺 The second skill is the ability to work under pressure, which is developed by participating in activities that simulate high-pressure decision-making environments.
• 💡 Engaging in sports like boxing or paintball can help develop quick thinking and decision-making under stress, which is transferable to trading scenarios.
• 👥 Quantitative trading is a team-based activity, so learning to work well under pressure in a team setting is beneficial.
• 🚀 The third soft skill is the ability to take initiative, which is valued in markets where it's often said it's better to ask for forgiveness than permission.
• 💼 Taking initiative involves making decisions with confidence, even if they might lead to mistakes, as long as they are well-reasoned.
• 🔑 Having self-confidence is key to taking initiative, as it influences how others perceive and trust you in your professional environment.
• ⏰ The video concludes with a call to action for viewers to engage with the content, subscribe, and consider one-on-one sessions or becoming a patron for early access to videos.

Q & A

What is the main focus of the video by Coding Jesus?

The main focus of the video is on the soft skills necessary for breaking into the field of quantitative trading, which the speaker believes are as important, if not more important, than hard skills.

What is the first soft skill discussed in the video?

The first soft skill discussed is 'coachability', which is the ability to be mentored and supervised to grow from someone else's knowledge and expertise.

How can one be more coachable according to the video?

To be more coachable, one should be open to learning, humble, and have a growth mindset. This involves being receptive to feedback and actively working on personal growth.

What is the second soft skill mentioned in the video?

The second soft skill mentioned is the ability to work under pressure, which is crucial because the market is dynamic and requires quick decision-making.

What activities are suggested to develop the ability to work under pressure?

Activities such as participating in sports like boxing or paintball, which involve pressure and require quick thinking and decision-making, are suggested to develop this skill.

What is the third soft skill discussed in the video?

The third soft skill is the ability to take initiative, which is important in markets where it's often said that it's better to ask for forgiveness than for permission.

Why is taking initiative important in quantitative trading?

Taking initiative is important because it allows individuals to make decisions based on data and solid information, even if it means making mistakes. It shows confidence and can lead to more opportunities.

What does the speaker suggest about the relationship between confidence in oneself and how others perceive you?

The speaker suggests that if you lack conviction in yourself, others will also lack trust and confidence in you, which significantly influences how they treat you and perceive your abilities.

What are the three soft skills that the speaker believes are crucial for a career in quantitative trading?

The three soft skills are coachability, the ability to work under pressure, and the ability to take initiative.

How can viewers engage with the speaker or access more content?

Viewers can engage with the speaker by liking, subscribing, or disliking the video. They can also book a one-on-one session through a Calendly link provided in the description, or become a patron through the Patreon link.

What does the speaker do after recording the video?

After recording the video, the speaker mentions going for a run.