Can "Joe Retail" switch to the big time?

I had LEAPS in one account, otherwise very little leverage.

A lot of folks so far are not being very helpful as to my original question. If you are willing to help please do.

Doubters: Consider reading the multi year struggle on my public internet blog http://4nursebee.blogspot.com/

Also, consider seeing my posts here from 2011 on TSLA: http://www.elitetrader.com/vb/showthread.php?s=&threadid=224571

As a side benefit to the above link, see JH spout things that are just wrong...perhaps he was short?

Then doubters, go STFU

zipaction, how did you calculate odds? What research did you do?
 
Joe retail can go professional but paying the licensing fee monthly and annually at broker/dealer or investment fund dealers like edward jones, and fidelities 5000 sales reps pushing investments to kids.


Quote from nursebee:

Hello,

I am "Joe Retail". I might just have my 10000 hours in. I made a lost what at the time was a small fortune around 2008-2009 making beginner mistakes. 2012 my trading returned 39%, 2013 trading returned 757%. These figures are not based upon a professional audit, but they could be audited by interested parties.

My focus has been on high growth companies, mainly in stocks, but some options and ETFs. My holdings are typically highly focused.

I would like to entertain the idea of managing investments in some capacity. I fantasize of some large highly capitalized outfit recruiting me, paying me well to assist them, trade for them, do research for them, perhaps even while at home. Other ideas: mutual fund company, hedge fund, friends and family fund, or private individual.

I have no business background or pedigree.

Is this pipe dream possible? What do I need to do to better make myself more attractive for this now or in the future?

Oh, 2014 I am up 3.7% YTD
More...
 
If you have no 'business' education, then you probably be working for a hedge fund manager or portfolio manager. a lot of the "business" is in sales pushing investments and telling clients not to redeem their mutual fund units.


Quote from nursebee:

Hello,

I am "Joe Retail". I might just have my 10000 hours in. I made a lost what at the time was a small fortune around 2008-2009 making beginner mistakes. 2012 my trading returned 39%, 2013 trading returned 757%. These figures are not based upon a professional audit, but they could be audited by interested parties.

My focus has been on high growth companies, mainly in stocks, but some options and ETFs. My holdings are typically highly focused.

I would like to entertain the idea of managing investments in some capacity. I fantasize of some large highly capitalized outfit recruiting me, paying me well to assist them, trade for them, do research for them, perhaps even while at home. Other ideas: mutual fund company, hedge fund, friends and family fund, or private individual.

I have no business background or pedigree.

Is this pipe dream possible? What do I need to do to better make myself more attractive for this now or in the future?

Oh, 2014 I am up 3.7% YTD
More...
 
If what you're saying is the case, why not continue to build up your own personal fortune? I know a guy, 22 years old, who's made millions trading retail. He hasn't gone "big time" as you stated, instead, he continues to trade as he always has.
 
I will, and hope to continue doing so.

I am just upping the bar. Raising my standards and goals.

Seriously, in 1991 I bought Tony Robbins Personal Power series, set some seriously outlandish goals. All have come true, are in sight, or are not realistic given other priorities in life.
 
why is it a pipe dream? it's no dream it's real job. lots of people make a living as portfolio manager and investment advisors. traders work for the portfolio managers. or hedge fund managers. or known as money managers. just take the CFA, or finra courses.

you are individual account and trading your own capital. or 401K accounts no different from a 16 your kid who has trust account.

Quote from nursebee:

Hello,

I am "Joe Retail". I might just have my 10000 hours in. I made a lost what at the time was a small fortune around 2008-2009 making beginner mistakes. 2012 my trading returned 39%, 2013 trading returned 757%. These figures are not based upon a professional audit, but they could be audited by interested parties.

My focus has been on high growth companies, mainly in stocks, but some options and ETFs. My holdings are typically highly focused.

I would like to entertain the idea of managing investments in some capacity. I fantasize of some large highly capitalized outfit recruiting me, paying me well to assist them, trade for them, do research for them, perhaps even while at home. Other ideas: mutual fund company, hedge fund, friends and family fund, or private individual.

I have no business background or pedigree.

Is this pipe dream possible? What do I need to do to better make myself more attractive for this now or in the future?

Oh, 2014 I am up 3.7% YTD
More...
 
managing other people's money is more about sales or selling your service to 'investors' some hedge fund managers don't accept people with less than 1 million to invest.


Quote from noprofessionals:

why is it a pipe dream? it's no dream it's real job. lots of people make a living as portfolio manager and investment advisors. traders work for the portfolio managers. or hedge fund managers. or known as money managers. just take the CFA, or finra courses.

you are individual account and trading your own capital. or 401K accounts no different from a 16 your kid who has trust account.
More...
 
get a license with a investment dealer like fidelity investments or edward jones or investors group you have to pay $500/month to be licensed.

you have to take the series 7 and some licensing fee that is 'professional'

Quote from nursebee:

Ok.

How do I get from where I am to where I want to be?

LOL quoting yourself
More...
 
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