time to accept reality.
a couple of my friends have been strugglng recently and making absolutely nothing.
they traded bund/bobl , bobl/shatz etc.
they just quit last week.
one of them turned up temping in the back/middle office of a decent us bank.
duties included trade catpure/settlement etc.
they are paying him £20.00 an hour with possible £30/35 an hour after 6 months.
so all in all they aint a bad deal.
with a 10 hour week, 5 days a week thats a £1000 in the bin.
he is over the moon.
first bit of money he has earnt pretty much this year.
he said he was gutted he wasted most of the year trying to make a living out of the market.
is he a crap trader? some people will say yes.
at some point he was a good trader.
he obviously has not adapted to the new world market.
but at least he has accpeted this and moved on.
the problem with this job is its too easy in that no one tells you what to do, come and go as you please and when you make a load its even better.
but the sad reality is we are all not earning a fortune anymore.
the arcade i work at seems to have less and less people every week.
so in a nutshell its no shame to move back to the back office.
bottom line is your earning , not pretending your earning by telling everyone you are a trader.
cash is king.
a couple of my friends have been strugglng recently and making absolutely nothing.
they traded bund/bobl , bobl/shatz etc.
they just quit last week.
one of them turned up temping in the back/middle office of a decent us bank.
duties included trade catpure/settlement etc.
they are paying him £20.00 an hour with possible £30/35 an hour after 6 months.
so all in all they aint a bad deal.
with a 10 hour week, 5 days a week thats a £1000 in the bin.
he is over the moon.
first bit of money he has earnt pretty much this year.
he said he was gutted he wasted most of the year trying to make a living out of the market.
is he a crap trader? some people will say yes.
at some point he was a good trader.
he obviously has not adapted to the new world market.
but at least he has accpeted this and moved on.
the problem with this job is its too easy in that no one tells you what to do, come and go as you please and when you make a load its even better.
but the sad reality is we are all not earning a fortune anymore.
the arcade i work at seems to have less and less people every week.
so in a nutshell its no shame to move back to the back office.
bottom line is your earning , not pretending your earning by telling everyone you are a trader.
cash is king.
