i broke; i QUIT

Discussion in 'Professional Trading' started by Bachelier, Mar 14, 2006.

  1. If I were you
    I'd carry around a rambo knife in my backpocket.

    maybe a few throwing knives in case they have a gun

    Hell wouldn't want to be beheaded with a blunt sword then posted on ORGRISH, I'd rather be shot while throwing a knife in his right eye.
     
    #61     Mar 15, 2006
  2. i don't want to know what this orgrish is, that's so sick
     
    #62     Mar 15, 2006
  3. You could become a roughneck in Wyoming and make $50k per year (first year). You could valet cars at a nice restaurant in Buckhead, Atlanta or some other upscale neighborhood in some other city and make $250- $400/ night. no kidding.
     
    #63     Mar 15, 2006
  4. I work for an executive recruiting firm and this is how much these guys make (if you're at least decent):

    1) Level I Recruiter (lowest) - $70K - $120K

    2) Level II Recruiter - $120K to $150K

    3) Level III Recruiter - $150K - $200K

    4) Principal - $200K - $400K

    5) Partner - $400K --- sky's the limit

    Moving up the ladder from each level solely depends on your performance. You have a minimum salary on these position but 80% of your money will be from commissions. I'm quiting my day job soon and will trade full time and hopefully succeed. If not, I'm gonna try and work as a recruiter.



     
    #64     Mar 15, 2006
  5. hey you can even daytrade over there on your days off.
    http://www.kuwaitifreedom.org/media/pdf/Wall Street Journal August 8, 2005.pdf
     
    #65     Mar 15, 2006
  6. My brother's sole profession since graduating college in 1997 has been as a recruiter. Your statements are misleading. There is a lot of competition in recruiting and just as in the brokerage business or any sales position, there is huge turnover. Breaking into the business probable entails minimal pay and/ or straight commission. My brother is a senior vp of his firm and he still makes over 30 cold calls a day. Also, it takes a sales heavy and super outgoing personality to succeed in the business. People attracted to trading are different mostly; they are comfortable staring at a computer screen all day. Also, the most successful recruiters tend to be ego- maniacs and slime balls (I've known dozens of successful recruiters including my brother and cousin).

    People considering recruiting should get into medical recruiting. That is where the real cheese is. Also, you might as well just get some experience somewhere for a few months and open up your own shop. The barrier to entry is low. Medical recruiters tend to have more normal personalities. Good luck.
     
    #66     Mar 15, 2006
  7. katesdp

    katesdp

    Does that include Health Insurance and Casual Fridays?


     
    #67     Mar 15, 2006
  8. I should clarify: I didn't mean <i>stupid gambling</i> like roulette wheels and slot machines.

    My point was that seven figure+, highly successful traders nearly always have a history of intelligent, calculated 'gambling'- the kind where one has an edge, and <b>not</b> a mathematical disadvantage. Card counting in B.J., well researched sports handicapping, poker, pool sharking... you get the idea.

    When you have a true edge, it's not gambling... it's gam-bling-bling.






     
    #68     Mar 15, 2006
  9. so bascially this "recruiting" is just head-hunting trying to steal execs away from other companies?

    How exactly do you do that?.. "bla bla bla the grass is greener over here..bla bla"?

    What experience do you even need to apply for a job like that?

    geez.. sounds like a real cut throat business....:confused:
     
    #69     Mar 15, 2006
  10. At some point tommorow i guarantee i will be saying this to someone, best comment ive heard all day by far.
     
    #70     Mar 15, 2006