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  1. Georgii

    Great song for those who've blown their accounts...

    A fantastic tune for anyone who's blown their account: http://www.youtube.com/watch?v=FbTXpVicexk&feature=related (pardon me if this post is in the wrong place) Anyone have other suggestions? :)
  2. Georgii

    Anything tradeable on a Saturday?

    Basically yes...
  3. Georgii

    Anything tradeable on a Saturday?

    Dude, you don't understand. I LIVE for the trend. I DIE without the trend! :) Just kidding... No, it's not a case of trader workaholism. I just wanted to know if for some reason I can't trade easily on the weekdays, can I catch a Saturday session of some action. That's all. I checked...
  4. Georgii

    Anything tradeable on a Saturday?

    Hmmm, any idea if they allow foreign accounts and day trading? :)
  5. Georgii

    Anything tradeable on a Saturday?

    I've never played poker before. I never understood why people compare that to trading, outside of the fact that you're taking risk with money and are probably using some kind of money management scheme. Also, what about the odds as compared to trading? Just curious...
  6. Georgii

    Anything tradeable on a Saturday?

    Hello all, Forex is open from Sunday 5 pm through Friday, futures are tradeable from 8:30 PM on Sunday, but is there any kind of financial instrument in the world that you can trade on a Saturday? Or is Saturday a forever non-tradeable day? Thanks for any answers...
  7. Georgii

    What's the difference between trader and portfolio manager?

    Checking off boxes wasn't what made me want to trade, of course. But I would say those are good checkpoints to look at when there's something you already are seriously considering. Btw, don't knock the "For Dummies" books, a lot of them are pretty well written in my view. It's a great way to...
  8. Georgii

    What's the difference between trader and portfolio manager?

    Hmm, I would agree that it is about risk/reward, and opportunity cost. It is important of course to assess personality and personal goals. My goal is to be an independent trader, it gives me the greatest opportunity for personal freedom. That to me makes it worth the risk. Ann C Logue...
  9. Georgii

    What's the difference between trader and portfolio manager?

    In the end I think its a question of whether you want to strike it out on your own and take all the risk on yourself, or leverage your risk to a preexisting institution. If you have a family to support and a mortgage to pay, it is harder to take on entrepreneurial risk than to go W2. Its...
  10. Georgii

    What's the difference between trader and portfolio manager?

    I guess we can describe it thusly... Institutional trader's plusses * Has the backup and support of a team. * Has access to the best fundamental research and is able to pick up the beat on the street. * Has an opportunity to learn from people experienced in the business. * Takes home...
  11. Georgii

    What's the difference between trader and portfolio manager?

    I want to also add one more point that I forgot to mention. My opinion is that with trading, the potential upside is probably greater than in many other businesses. For example, if you open up a grocery store, you may eventually be able to start a franchise and get big like Gristedes. But...
  12. Georgii

    What's the difference between trader and portfolio manager?

    I myself am going to get a low cost MBA, because I think that will serve two purposes. First, it will help me get a job in trading. Second, even if I don't have any luck with that, I'll have a systematized way of learning what I need to know and that will always help with trading. Plus its a...
  13. Georgii

    What's the difference between trader and portfolio manager?

    I guess if you think that you need to be married to only one asset class, you can get screwed. I should have used a slightly different term, I apologize.
  14. Georgii

    What's the difference between trader and portfolio manager?

    I think that its certainly possible to switch careers midstream and do quite well. Others have done it. There are many people in finances who started as English teachers or reporters, who are now hedge fund managers. In the end the boss wants someone whom they can trust is going to do a good...
  15. Georgii

    What's the difference between trader and portfolio manager?

    I'm up against a similar situation myself... I have 0 professional finance experience, no finance degree, I am a self study and I want to ultimately trade for my own account. Now its natural that trading for yourself is a business, and as with any entrepreneurial effort you are taking all the...
  16. Georgii

    Health insurance

    Hi all, Those of you who trade full time and don't have spouses with health insurance, what have you done to get insurance? Do you buy into the group plans? Any other ideas? Thanks for any advice...
  17. Georgii

    Legality trading under-age?

    Silly question, but could possibly child labor laws play some sort of role here? Not like someone's going to easily be able to tell if you've been trading too many hours, but you never know if an audit comes into play. The only thing I would be very concerned about is if you incurred a debt...
  18. Georgii

    The system trader's prayer

    Those of you who were in the marines or saw Full Metal Jacket might find my concoction amusing: This is my trading system. There are many like it, but this one is mine. It is my life. I must master it as I must master my life. Without me my system is useless. Without my system, I am useless...
  19. Georgii

    Trading WITH versus WITHOUT a system

    Okay, what exactly are "inputs", news? Or are you talking about tech indicators here? Thanks...
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