Worst part is opportunity cost of vacations, while my friends are getting paid for time off, I usually glance at the market while on vacation and think of the missed opportunities. This is a direct result of seeing the market down 500 while I was sitting in an airport in spring of 2000, and this year I was on a ski trip when the market reversed off its lows in March. These monster paydays don't happen often and I always worry I will miss them.
Hahaha those are actually done by the specialist computer to start upticks. The dumbass are the ones getting scared and getting out because of them. But those aren't as bad as the idiots getting long the offer just to ruin the trade and sell back the shares at a lower price.
For me, there are two main drawbacks. The biggest is a lack of social interaction - I really liked saying Hello to folks in the office. Now, the only person I see every day is my wife. The second is an unsteady income. Working a regular job, one has a general idea of how much is coming when, not so in trading. But, these minor problems pale in comparison to the benefits of being a pro trader.
i agree with both points, especially point 1 (lack of social activity). i don't think a trader should think of trading as the answer to everything. for me it's about making money. i will find other things to do to take care of the social aspect.
Worst part is opportunity cost of vacations, while my friends are getting paid for time off, I usually glance at the market while on vacation and think of the missed opportunities. Sort of a double edge sword you can take off as much time as you like , whenever you like , but it can bite you in the ass too...