Should I quit my job and trade for a living?

Discussion in 'Professional Trading' started by BillySimas, Mar 2, 2010.

  1. l2tradr

    l2tradr

    ...and the other 2 are his mom and his sister :eek:
     
    #91     Mar 3, 2010
  2. Another obvious indication that you haven't read the whole thread. Loser.
     
    #92     Mar 3, 2010
  3. Hey, 10k is too little to trade. You should have as much money as you plan on doing swingtrade with.

    If you plan on trading 10 ES contract, you must be prepared to be able to hold overnight. Because when your 10 points loss then you will want to hold overnight with stop at breakeven. This means you need 100k. If you're not able to baghold, don't even try serious live trading, just playful live trading.
     
    #93     Mar 3, 2010
  4. I thought this has been asked before, but anyway. I don't really think it's advisable to quit your regular job and go full time trading. What if you lose everything in trading, you won't have any fall back if you don't have a job...
     
    #94     Mar 3, 2010
  5. You'd be ET's expert on chimpanzee sexuality :p
     
    #95     Mar 3, 2010
  6. Your attention is getting me all hot.
     
    #96     Mar 3, 2010
  7. You make less sense the more you say
     
    #97     Mar 4, 2010
  8. Mr_RC

    Mr_RC

    So why are you even asking for advice then?
     
    #98     Sep 1, 2010
  9. jinxu

    jinxu

    Why are you responding to a thread that's 6 months old?
     
    #99     Sep 1, 2010
  10. Why don't you try approaching the principals of the brokerage firm you work at for some trading capital? The worst they can say is no. Couple of suggestions for pitch:

    1. You can use the signals as talking points to your existing clients. If they like the system and decide to trade using your signals, more bro $ for the firm.

    2. A potential revenue stream diversifier for the firm even if it trades only firm capital. In addition, if existing clients decide they like it and want to perhaps fund you to go on your own, you can arrange a profit-sharing agreement with the firm, along with the additional commissions, of course.
     
    #100     Sep 1, 2010