Michael, That was exactly the type of advice I have been looking for..Thank you. I currently live VERY cheap (compared to the avg middle aged person, I can survive with about 8k a year) so sometimes I question if it has skewed my estimations of money needed for when I graduate, so its nice to be brought back to reality. It makes me realize I wouldn't mind living a little better. I think you are correct on the additional bills and expenses..eating right, gyms..health insurance.. So, I think you are right and have cleared some things up..Unless I have some insanely great year and pull some magic 100+% gain I will probably need to be looking for a real job. As for the girlfriend/wife thing..I do have a girlfriend..she starts med school next year if everything works out right..so I have my fingers crossed on being a stay at home husband perhaps.. Anyway, you brought out some really good points Michael, I really think that I should be waiting to get upto around 100 before I bother making any big decisions about trading..because when it comes down to it I will probably start working for around 35-45..It might not be worth it to trade straight out of college when I can be building my funds while working for a couple years.. Thanks for the great post!! Dave
Good choice Dave. I think working and building capital is the smart safer way of doing it. Great peace of mind knowing you'll have that steady paycheck and time to work on your strategies.
When am I going to get out of this fricken trade?...many opportunities are passing me by with faster accelerations... Well thats a traders life...get all you can and when leaving, know where your going And as always, Good Trading to ALL of you... Michael B.