From fat cat to hot dog - trader swaps office for sausage stand

Discussion in 'Professional Trading' started by Optionpro007, Sep 18, 2009.

  1. Let's not forget, German hot dogs are also much bigger and more juicy (so I have been told) than American variety. :) :) :)
     
    #11     Sep 24, 2009
  2. He is a broker, not a trader, most probably an inter dealer broker.
     
    #12     Sep 24, 2009
  3. You learn to use an in-house system and when you leave, the skills you developed remain in-house. It's like a floor trader when the pit is closed and he is forced to trade electronically and everything you know can work against you.

    Very few of these types of traders know how to trade without all these props so selling hot dogs makes a lot of sense. If you know how to trade then you are never out of a job anywhere in the world if you can get an Internet connection.

    For the cost of setting up his business he could be day trading but he is drawn to the one where his skillset is best suited.
     
    #13     Sep 24, 2009