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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JWest0926 who wrote (34971)	3/23/2002 11:19:34 AM
From: Clappy	Respond to of 209892

Follow my heart or be sensible? Looking for input from anyone You are young. Follow your heart otherwise you'll always be looking back like many of us who didn't have the guts... If this job doesn't pan out you will have at least gained experience and met people who do what you like to do. There's nothing wrong with that. JMHO -BackLooker

To: JWest0926 who wrote (34971)	3/24/2002 11:15:21 AM
From: Haim R. Branisteanu	Respond to of 209892

Be sensitive and go for the safe job learn it and excel. Your taste for risk taking will reward you in the real world if you apply it wisely. tradign will burn you out quickly. Traders have short memories and very few got rich from trading before burning out. Real world opportunities with a flair of trading made may wealthy and well established BWDIK Haim

To: JWest0926 who wrote (34971)	3/24/2002 4:21:28 PM
From: Death Sphincter	Respond to of 209892

I would disagree with Hiam. in the mid 70's I had a nice 'safe' job. a childhood friend of mine worked at the CBOT, i hung out with him and his crowd. They offered me an entry level 'grunt' job on the floor. I took it, and a pay cut, worked it for a while and never regretted it. best education i ever got, and it was intense. wouldn't do it now that I am an old fart.....but you have plenty of time to become an old fart

To: JWest0926 who wrote (34971)	3/24/2002 8:27:58 PM
From: yard_man	Respond to of 209892

>>Follow my heart or be sensible? << be sensible, follow your heart. If you can't make a decent living at it -- you will find something else to do by necessity, but DS is right -- no such experience is wasted. You will learn useful things. Just do what is right.

To: JWest0926 who wrote (34971)	3/24/2002 9:04:13 PM
From: John Madarasz	Respond to of 209892

O/T... I've been offered a position with a daytrading firm in Las Vegas. Check out the March 2001 edition of "Active Trader" magazine, vol.2, No. 2. There is a pretty comprehensive article dedicated to the field of proprietary trading that you might find interesting...it is definitely not for everyone. Regarding the follow the heart issue, Tip hit the nail on the head i think. Good luck, and have FUN.

To: JWest0926 who wrote (34971)	3/25/2002 8:35:35 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

I agree with Haim. Still, I doubt we'll be able to talk you out of it. -g/ng Even if you have a passion for trading, daytrading, especially in a shop, is no way to start imho. You'd increase your chances of success if you traded longer timeframes. Most traders wipe out. Chances are, you will wipe out. The more you think that is not possible/probable, the more likely it will come to pass. My advice would be to take the real job and trade on the side in the longer timeframes. Prove to yourself that you can do it with real money before you commit to counting on it for groceries. In fact, one of the great barriers to successful trading is relying on the profits -- you will increase your chances of succcess if you do not rely on the trading for next month's rent. Good luck.

To: JWest0926 who wrote (34971)	3/25/2002 9:08:42 AM
From: At_The_Ask	Respond to of 209892

I'd give the trading thing a shot. Provided you can afford to pay the bills for a while in case you're not profitable. The insurance jobs will probably still be around if you don't make it. Also the actual trading experience may help your resume for financial positions in the future. From what I hear trading for a firm they tell you to trade the same stock over and over all day. You will mainly be making a market. You may also find you don't like trading after you have gotten a steady dose of it. Anyway Good luck!