Are you prepared?

metooxx · Feb 23, 2003

Quote from qdz2:

I'd like to hear your suggestion. What kind of job is close to being a trader? If there is no choice, I'd ask if McDonald's can take me, just like what Kevin did in American Beauty.

There is nothing else ...

burnin · Feb 23, 2003

If youve been "paying your dues" in this mkt for the last 2 years, and you're still solvent, I think you'd be a fool to leave now.

I Missed Boat · Feb 23, 2003

Quote from burnin:

If youve been "paying your dues" in this mkt for the last 2 years, and you're still solvent, I think you'd be a fool to leave now.

And its this view that causes people to spend 5 years or more with nothing to show for it.

plumlazy · Feb 23, 2003

Quote from gnome:

PLUM!! You old philosopher, you! How're your dogs?? Ramble On.

Howdy Gnome,

The dogs are doing well, all 4 of them. My 13 yr old and 12 yr old still move around real good for their ages. (maybe it's that pedigree dogfood ?)

Now, if I can become half as good of a man as they think I am, I'll be doin good too.

Ramble on - gotta sing that song

stockerup · Feb 24, 2003

Quote from qdz2:

One day, if things change in a way that you find it is impossible to trade or invest profitably, would you be ready to quit?

I would only quite if I was prohibited from trading; if you can still trade, I think a good trader can adapt if he looks hard enough.

When looking at your question, I would suggest that you could rephrase it to say: If you had to quite trading, do you have an alterative way or plan to make money? For me the answer is yes, and I am currently doing that. As far as investing is concerned, it is only reasonable to think that you should constantly be looking for alternative ways to invest a portion of your trading profits outside of the market as a means of diversification.

Just my thoughts.

FRuiTY PeBBLe · Feb 24, 2003

Quitting is for losers.

"If you accept failure, that's what you're going to get." - Rudy Giuliani

FRuiTY

harrytrader · Feb 24, 2003

Oh I thought It was already the case

Quote from chasinfla:

This, of course, before CNBC made 'trading' a national obsession.

harrytrader · Feb 24, 2003

Hey the majority of those who leaves trading are not choosing to do so they are simply kicked off from trading when they can't pay their bills anymore...