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Strategies & Market Trends : Trading For A Living
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To: R Stevens who wrote (22)5/21/1998 3:38:00 AM
From: Sowbug  Read Replies (4) of 1729
 
Do any of you full-time traders NOT work out of your own home? I live in L.A., where high-speed net access options are abominable, and I'm doing ok at home with a modem. But I have plans to expand the information available to me (multiple monitors; custom programming designed to examine thousands of stocks to identify trading opportunities).

So, one other trader and I are thinking about getting an office.

Possible benefits:

Synergy of two (or more) traders working together;
Constant reminder that we're doing this for a living;
Avoidance of going stir-crazy at home;
Tax deductibility (though of otherwise unnecessary expenses);
Economies of scale (we could afford a T1 connection, for example).

Possible costs:

Needless(?) expense of office;
We might annoy each other.

Any thoughts would be appreciated.
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