I had LEAPS in one account, otherwise very little leverage. A lot of folks so far are not being very helpful as to my original question. If you are willing to help please do. Doubters: Consider reading the multi year struggle on my public internet blog http://4nursebee.blogspot.com/ Also, consider seeing my posts here from 2011 on TSLA: http://www.elitetrader.com/vb/showthread.php?s=&threadid=224571 As a side benefit to the above link, see JH spout things that are just wrong...perhaps he was short? Then doubters, go STFU zipaction, how did you calculate odds? What research did you do?
Joe retail can go professional but paying the licensing fee monthly and annually at broker/dealer or investment fund dealers like edward jones, and fidelities 5000 sales reps pushing investments to kids.
If you have no 'business' education, then you probably be working for a hedge fund manager or portfolio manager. a lot of the "business" is in sales pushing investments and telling clients not to redeem their mutual fund units.
If what you're saying is the case, why not continue to build up your own personal fortune? I know a guy, 22 years old, who's made millions trading retail. He hasn't gone "big time" as you stated, instead, he continues to trade as he always has.
I will, and hope to continue doing so. I am just upping the bar. Raising my standards and goals. Seriously, in 1991 I bought Tony Robbins Personal Power series, set some seriously outlandish goals. All have come true, are in sight, or are not realistic given other priorities in life.
why is it a pipe dream? it's no dream it's real job. lots of people make a living as portfolio manager and investment advisors. traders work for the portfolio managers. or hedge fund managers. or known as money managers. just take the CFA, or finra courses. you are individual account and trading your own capital. or 401K accounts no different from a 16 your kid who has trust account.
managing other people's money is more about sales or selling your service to 'investors' some hedge fund managers don't accept people with less than 1 million to invest.
get a license with a investment dealer like fidelity investments or edward jones or investors group you have to pay $500/month to be licensed. you have to take the series 7 and some licensing fee that is 'professional'