I think that the majority of profitable traders needed much more time then they estimated to become consistently profitable. So better first become consistently profitable and then quit the job.
Another possible removal of golden handcuffs
- Thread starter Aquarians
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I think that the majority of profitable traders needed much more time then they estimated to become consistently profitable. So better first become consistently profitable and then quit the job.
Exactly.
I'd definitely take that! Only experience tells it's usually less money and more crap
Most likely this is what I'm going to do: keep my job and grind on my trading on a side. So nothing changed aside some venting
Only experience tells it's usually less money and more crap
Then it is time for a new experience: more money and less crap.
I'd definitely take that! Only experience tells it's usually less money and more crap
Software is absolutely the worst of the professional industries to be in. You have a bunch of smart-asses asking each other stupid-ass whiteboard questions, you have to talk to a computer all day (so very little socialization), you sit on your ass for 60-70% of the day and 90% of the people are useless. Then you have stupid-ass meetings where people who have no idea what they're talking about talk about getters and setters and LINQ as if that's going to be a magical solution to their stupidity. On top of this, the MBA types are constantly trying to drive your profits down because they don't understand that if they get Bopinder from Delhi, they are going to spend 2X as much both in capital and time.
I enjoy the intellectual masturbation of software, but other than that I don't know. I'm glad I work alone. (except for the time I spent at the hedge fund, that was so much fun.)
Oh and since we're ranting about software. I sell you software for $50, you complain for $200 worth of my time and on Twitter about how the button doesn't look nice enough.
Seriously, it's super annoying to be in software, so thank God I found a way to keep myself away from all of this bullshit and still make tons of money.
I dunno, getting paid $100+ to sit in a comfy chair and tap on some keys all day.
Easy street if you ask me.
Best to ignore all politics and management.
In meetings say as little as required.. while laughing all the way to the bank.
It is only when you start taking it all too seriously or personally or if you take your eye off the ball does it become a problem.
Even if after all that it still becomes a nightmare because your cool boss gets replaced with an a-hole boss, then just leave and find another contract.
That is a funny rant and fairly accurate. I have been in some situations similar to what you describe. It is rare to be in a situation where both engineering and management are highly functional. That being said, having full freedom to write software to solve problems you are interested in can't be beat.
I think that's the problem: I cannot justify wasting my life in that way. 8 hours a day??? I can make $500-$1000 in an hour by finding a new customer. I'd rather spend time improving that process even if it is less consistent.
I agree, successfully selling snake oil is even easier money than coding for a living
I agree, successfully selling snake oil is even easier money than coding for a living
Twitter button complainers aside, I have customers who have been with me for a decade so suck it