Expected number of tries to get 3 consecutive heads in coin flips
Trader Interview Questions
Trader Interview Questions
In a trader interview, the interviewer likely wants to see that you are knowledgeable about financial markets and have strong opinions about them. Further, you can expect hypothetical questions that test your sales skills and showcase your personality. Speak persuasively and with conviction about the latest news in stocks.
Top Trader Interview Questions & How To Answer
Question 1
Question #1: Pitch me a stock that you would buy or sell now.
How to answer
How to answer: This is an opportunity to demonstrate your sales skills and tell a convincing story about a stock. Choose a company you know well, and be prepared for follow-up questions. Defend your case without wavering.
Question 2
Question #2: What is the riskiest decision you have ever made?
How to answer
How to answer: While trading is a role that requires risk taking, you can use this question to prove that you are thoughtful and well-researched when evaluating risk. Talk through your reasoning, why you determined this was an appropriate risk to take, and what the outcome was. The interviewer might also want to see you confidently stand by your decisions.
Question 3
Question #3. Tell me about something that happened recently in the financial markets and your opinion of it.
How to answer
How to answer: This question is twofold. A successful answer would first prove that you have a genuine interest in stocks and keep up to date with market news, which changes daily. Stay informed by reading reputable financial newspapers regularly. Second, this question allows you to share your unique point of view. Try to show the interviewer that you see value where others may not.
8,651 trader interview questions shared by candidates
We have two urns. You can't tell them apart from the outside, but one has seven $1 chips and three $10 chips, and the other has nine $1 chips and one $10 chip. You randomly draw a chip from one of the urns and it happens to be a $10 chip. Without replacing this draw, I offer you a chance to draw and keep a chip from either urn. Should you draw from the same urn or the opposite urn, and what is the expected value of the chip you draw? Why?
You have been chosen to play a game involving a 6-sided die. You get to roll the die once, see the result, and then may choose to either stop or roll again. Your payoff is the sum of your rolls, unless this sum is greater than 9, in which case you "bust" and get nothing. What is your strategy for this game? That is, for each possible outcome of the first roll will you choose stop or to roll again?
Exactly what you would expect from a trading company. Probability, Expected Value, Game Theory, etc. I can't really go into the details.
What is eleven million minus one thousand and eleven? (needs to calculate in head without writing it down).
How many digits in 7^7?
What is the mass of the earth ?
Flip 3 fair coins. What is the probability of all three coming up heads?
What is the expected value of a dice? Make me a market on it.
What is 75 squared? You have ten seconds and cannot use pen or paper.
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