Career Advice - Let's Have Some Ideas

HardTimes, you pose a question that many in this world face from time to time, "What to do with my life?" Here's my two cents:

You mention one career option of being a link between IT and a trading desk. I agree that your experience in the financial markets would come in very handy in that arena. Could you stand to support traders when you yourself was one?
And following this plan would still keep you in the financial marketplace. Something you mentioned you wanted to get out of.

I would suggest looking long and hard at what you're currently doing for a living. Are you satisfied in every way...just money is the issue? Or if you were making money hand over fist...would you still feel somewhat unsatisfied with your career choice?

If money's the problem...look for ways to obtain additional income.

If money's not the problem and you want out...you've made a good start with your list of career options. Now start talking to people in those fields to see if those careers really interest you. Maybe visit some colleges and find out about their programs. The key is to start doing something instead of sitting back and wondering. Action begets action.

I guess that was more than two cents. Keep the change. :)
 
Quote from optionsplayer:

The problem is it takes nearly 5-6 years to become a pharmacist....so in your case..you would be at least 37-38 years old coming out of pharmacy school.....And by then, who knows where the demand will be....
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I believe a Pharm.D. typically takes around 4 years to complete =provided= one has the prereqs.

Regardless, I have heard that, due to the shortage in the profession and resulting increase in starting salaries, applications have skyrocketed to the point where all available seats are filled and the average acceptance rate has dropped to about 20%. So, even if one could get accepted, it's probably a good idea to take a hard look at what the demand might be four years hence.
 
IMHO unless you identify what you love doing, chances are you won't stick it out when it gets tough and therefore won't be happy.

Good example, how long do those who don't love trading stick it out. Have those who have not stuck it out ever been happy at trading? Answer = No

Before I decided to trade I read this book and it helped me clarify exactly what I wanted out of life and then helped me see that trading was compatible with that

The On purpose Person. by Kevin McCarthy

It is written in a bit of a lame way but the concepts are very powerfull.

http://www.alibris.com/search/searc...new=7.50&pqty=60&pqtynew=1&matches=60&qsort=r

Good luck
 
Quote from HardTimes:

And what about an IT link between the IT dept and the trading desks because I sure know a lot about trading etc
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This is the best option among them, Synergy!
 
Quote from bungrider:

flexon sales rep!!!
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Clever!!... I always keep in mind, "... money WON from the markets tastes better than a salary..."

In my past lives, I was a pool hustler, poker player, and professinal bowler... money TAKEN from the market is even better!!
 
Quote from HardTimes:

Long time lurker here and although the board has changed over the last 2 years, it's still the best resource, ideas site on the net.

I'm looking for some ideas on a change of career. I was a broker (in London) for a long time and over the last 2 years have been trading my own account and although profitable I have struggled to make it pay, and the trouble is that I can't see myself getting out of the rut in the future (making money to live but not leaving enough into the account for re-investment).

I am therefore starting to think about a total change of career out of the financial markets. There's a lot of smart and good people here so I'd really appreciate some ideas of what you would do if you had to change.

I'm 32 years old, single and am happy to look at all ideas. And guys only a few jokes allowed!

From reading a good post on this board I've listed some of the ideas that were suggested.

pharmacist

Pilot, opportunities if you look outside the passenger airlines

Chemical engineering degree leading to.....?

Cisco CCNA or similar networking credentials (you mentioned this Nitro, can you elaborate?)

Industrial espionage/Cyber terrorism related IT

IT Security

And what about an IT link between the IT dept and the trading desks because I sure know a lot about trading etc

All comments would be most welcome and have a good Easter/Passover everyone, and good luck with your trading.
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How about teaching others to trade?
 
I don't know if it's still possible to get this done, but years ago I met a successful person who got into his business just because of this:

He took an aptitude test and found what things he would have a proclivity for. Then he went to work in a firm that did whatever he was good at, and one day became its president.

Whatever it is you decide, make sure its something you wouldn't mind being roused out of bed at 3:00 AM to do, because there'll be days like that.
 
does anyone have any experience of starting their own broker/dealer or know anything about it or anyone who has ever tried, or know anywhere to get info... possibly starting one w/ just funds and annuities, etc.. just seris 6 stuff no 7 trades....
tia for any input
 
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