Life after trading - busted traders

Discussion in 'Professional Trading' started by waisb, Oct 27, 2009.

  1. Gee, then you must be near sucidal about the state of politics under which this nation is suffering now.
     
    #41     Oct 31, 2009
  2. I suppose I might if it was my nation and I wasn't on the other side of the world.
     
    #42     Oct 31, 2009
  3. Jesus

    Jesus

    This Jack Hershey Feller may be a d-bag on a level higher than maybe even Kanye West, BUT...

    Have you ever had a Hershey candybar. Delicious!!! So, lets just remember that and keep that in perspective. Everytime I see your name I think of delicious milk chocolatte. Jack, you might be a fraudulant loser with no better thing to do than post garbage on an internet forum, but at least you sound like a fabulous candy.

    My suggestion, how about some honey or something? Like honey Hershey. Or Caramel Hershey. I think that could taste pretty good.
     
    #43     Oct 31, 2009
  4. Mr Hershey is an octogenarian.. long past delicious I'm afraid.
     
    #44     Oct 31, 2009
  5. Humpy

    Humpy

    I once had a business start-up idea of having a hotel near the seaside particuarly specialising in comforting / detoxing worn out, burnt out traders. Lots of TLC and crumpet for tea.

    Might have been a runner
     
    #45     Nov 1, 2009
  6. Jack Hershey as a young trader wannabe

    [​IMG]
     
    #46     Nov 2, 2009
  7. waisb

    waisb

    Wow, I did not expect such a response, especially since I'm so new to the site. Thank you all.

    Pension Admin, this sounds like a similar track as myself.

    I prop traded for awhile and was always on the brink; some good months some bad, never a blowup or breakout month to push me in either direction. A few odd bartending jobs (had to be nights so I could trade during the day) during the summer when things were slow.

    Finally some issues from my personal life wouldn't allow for me to keep just getting by and needed some immediate financial stability. So, now I'm doing back office operations at a brokerage firm (licensed with 7,66,55,3) while taking MBA classes.

    A review of my trades shows I was more profitable than I thought, with one exception - I made good money (relatively speaking, not enough to wow anyone) most mornings then found I would churn and keep trading to hit the share volume needed to get the next highest tier of commission discount.

    The goal now is to get the MBA/CPA, open a small accounting practice that will hopefully give me some stability financially while still having the freedom to trade 2-3 hours each day.
     
    #47     Nov 5, 2009
  8. McDonalds?
    Walmart?
    Your nearest car wash?

    Maybe collecting food stamps?
     
    #48     Nov 5, 2009
  9. I think financial stability is really important in life. It would definitely help reduce your emotion help you take advantage of any opportunities that open up. As well, social life should be much better when you have a stable job than when you are just struggling with trading.

    I know there are some peoples who could make a living trading, but there aren't many of them. Most trade part time while working full time.

    BTW: Ever tried just trading in the morning and taking the afternoon off? Maybe that would help with your trading.


    PA



     
    #49     Nov 12, 2009