Quote from goandrewgo:
to the OP:
4 months ago i left all of my friends and family back home and flew into la guardia airport in NYC to pursue my goal of financial freedom. when i landed i didn't have a place to sleep for the night, i didn't have a job, i didn't even have a cellphone. all i had was the two bags of clothes, a little bit of money to get me started, and my ambition to succeed in the big city (i come from a small town).
the first thing i did when i got off the plane was look in my guidebook for a hostel dorm bed to sleep in for the night. i showed up at the hostel and booked 3 nights, my goal was to find a permanent room to rent within 3 nights. after checking into the hostel i purchased a cell phone.
lucky (or unlucky) for me i was able to find a room to rent in uptown manhattan (harlem) for $650/month everything included, even internet. i'm still here as i post this.
after applying to what must have been 20+ restaurants for a job i was fortunate to find a job as a busser in a busy restaurant in times square within two weeks of moving to NYC. the money wasn't great BUT i was able to save a little money by living frugally.
fast forward a couple months, i finally settled into my apartment and secured my job in the restaurant with steady hours and income. i browsed craigslist (also how i found my restaurant job) for trading jobs in NYC and i came across a prop firm located on wall st. that was aggressively recruiting new traders (they still are). i went in for an interview and was offered a chance to trade on a demo acct with them. i traded demo with them for 2 weeks then decided to leave because i wanted to trade futures while they wanted new traders to trade equities. i don't have $25,000 to become a pattern day trader. i want to daytrade and not swing trade. there is no minimum account balance required for high frequency futures/forex daytraders which is what attracted me to both. also, i didn't like the idea of them taking hefty commissions of my profits.
so i left the prop firm on wall st. a few weeks ago and have been demo trading the e mini s&p 500 contract at home for a few weeks with the new computer i bought recently.
also, last sunday i quit the restaurant and i am in the process of opening up my live account. just as i took a leap of faith moving here to NYC i'm also taking another leap by quitting my steady income producing restaurant job and trying to make a living day trading futures.
"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did so. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - Mark Twain
kudos to you! you make me envious! ah to be young and single again!