Wow. There's a more replies and follow up questions then I was expecting. I'm gonna try to answer whichever ones I can. Don't be offended if I skip yours. It's not personal. . Page 1. Originally, trading was supposed to be a backup plan in case the fed job didn't work out. Honestly, I don't know if those perks are really worth it. Case in point, take a close look at all the federal workers you know and work with and you begin to wonder if everyone in government is messed up??? I also don't plan to dedicate my life to staring at a computer screen by not trading 24/7 simply because I don't really think I need to. I have tried that as a test. The problem with doing swing trades with signals and a job is that you can be busy with meetings and work that you can miss you signals quite often. I had it set up so that I get text message whenever a signal get trigger and I would just either miss them because I was busy or didn't hear them. That's why I mention that it didn't really work for me because I don't want other people to know about my trading activity before. Already gave up a previous job because people didn't understand what trading was about. I also don't consider trading after hours is a good idea. Page 2 later.
Vix is speaking reality. You sound like someone who is bookwise with limited real life experience. Care to show me how i am wrong?
Everyone needs a job. Fed jobs are stable from what I hear. Trading was getting a little boring. Now I understand why it's still better then working. I've been able to make 10% in one DAY before. If you're only investing in index funds then 10% is reasonable. But I've been able to capture high returns with futures. I agree a different job that is more tolerant of trading sounds like a good idea. I don't know of any that are and if there are they are rare. The SATs example sound kind of risky. What if a parent sues you for their kid not getting a perfect score??
LoL. You are stressing in a Fed job. And, you feel a need to find a job more tolerant of trading. I can't resist not posting in this thread. This stuff is like heroin. Admin, ban me!
That's okay. I was really seeking some ideas and advice. I think I more then capable of creating my own descision from that. Currently, my plan is if my trading can make double the amount I am making right now. I would quit. I'm not concern with how much I need to make. I trade and make whatever the market is able to give.
Not sure what you mean. If you think Fed workers are lazy, that's simple not true. Sure a lot are, but who do you think is picking up the slack. Don't know why you needed to be insulting. That's one of my main concern about trading full time. While working has it's con's, at the very least it makes you a little normal since you have some social activity being around other people.
Just try to get rich. It really does not matter how. Perhaps it is trading, perhaps something else. Stop thinking about what you want to do and start experimenting. If you hit on something that works, keep doing more of it. For everything other activity, cut your loss. Trading from home is not a job the way a government job is. U need to shoot for much more than that otherwise don't bother.
Sorry, if I sound insulting. I need to shut up. I hope you find a resolutions with your trouble at work. Best of luck.
he wasn't insulting you, just the notion of another "can i really hack it in trading" thread. they're an infectious disease on ET lately. @xandman just as you cannot resist posting, I cannot resist reading.
No question about it. Well stated. Many of these folks get fooled thst the market is the only way to wealth. They see all this money swirling around and think its easy to grab enough to become wealthy. When the truth is, markets are the playground of the already wealthy. While its possible to make it from very little trading in the financial markets, it is very unlikely. surf