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So i’m looking at starting the CFA exams this winter. My biggest concern comes from the work experience.
“#7. Managing your own investments does not qualify. So does running investment clubs, managing your family/friends’ investments, and so on. You need professional experience, i.e. you do this for a living.”
I understand that managing your own investments does not qualify.
However, besides 2 years of Wall Street experience, i have now been an Independent Day Trader, full-time, successful (couple thousand trades/year) for more than 4 years now. I do this from home, would anybody say this satisfies the work experience or not?
I’m not “managing my own investments” i’m trading actively for a living… investments are longer-term in nature than a couple minutes or hours.
I understand the spirit of the rule that the CFA posted, where they don’t want everyone and their mom saying they manage their own money.
Any ideas? Has anyone heard of a Prop Trader having a CFA?
Thanks guys!