Hi! I have superawesome experience! $$$ $$$ BTW If you want others to talk about their experience, maybe it would be nice from you to describe your experience at first.
One of my bucket list items is to complete a PhD I started a long time ago. My only income is trading, but a grad student is a very cheap existence but it is a "living". And I feel I spend very little time honing my edge. I really could do this much better if I weren't doing physics at the same time. Trading should be a full time job. I've been trading, off and on, for 30 years. I trade value stocks. That is, I look at fundamental values of stocks in determining which I trade, but not with the intention of holding them for very long. Early yesterday I got out of most of my oil stocks and I'm looking for another entry later this week, perhaps, as I don't think oil really is recovering yet... Today I've been playing pharmaceuticals but unlike the oil companies, the pharmaceuticals are too flighty and I won't take them home. Instead I just read charts on them and hold them for a few minutes at a time, primarily ACHN today. As I write this, it's breaking out of a pennant to the upside. I learned to trade many years ago on a trading floor where the traders traded their own accounts but it was more like a prop trading floor in that we could see each others trades as they were made. This made it easier for new traders to see how it was done. When I first got there, I couldn't imagine how it was that everyone was buying stocks one minute, and then selling them 10 minutes later. It was a big mystery. Then gradually I began noticing the things that were going on. I wouldn't try to learn trading except in a trading room. I think a noob should spend their time eating, sleeping and drinking stocks. And they should be talking about stocks with other traders. Right now I can't do that and I know I'm missing out. So I hang out here on EliteTrader in the hopes that I'll pick up a piece of wisdom every now and then.
Not to go off-topic, but if you mean a physical trading room, try finding one of those here in Québec, Canada. I'm sure I'd like the atmosphere, but EliteTrader must suffice for me.
Hi! Been a long road, could had gotten a PHD as I "got it" and probably with less headaches, but now that it's all over, I like my profession.
Hi, although only 1/2 full time, maybe 3/4's from here, maybe not at all, if I don't get my head in the game real soon!!