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Strategies & Market Trends : DAYTRADING Fundamentals

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To: - who wrote (1075)6/19/1999 3:12:00 PM
From: TraderAlan  Read Replies (3) of 18137
 
Steve,

Great comments. I didn't go full time because I wanted to. It was because I had no choice.

I had a nice career and made over 100K salary the last of the 12 years I was with my employer. Since I was the boss, I was able to set up a modem connection in my office years ago to trade "real-time" and even close the door when things got hairy. The two incomes were wonderful.

Then I got into a long and destructive battle with my employer over unrelated business and left under bad circumstances. Here in Denver, I was likely one of the top paid people doing the job I was doing and my only offers were 50-60% of my former salary. As time passed, I traded more and slowly become unmarketable due to the time away from my profession. Finally I just bagged it and went the full monty into the trading and web site.

One day I woke up with a ponytail, bohemian attitude and a lot of self-made cash in my pocket. Damn if I know how I got here <g>.

Frankly, I still find trading fascinating but very stressful. Taking a paycheck for 20 years is way different than getting to the end of some days poorer than you were at the beginning.

Alan
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