Looking for an assistant trader position
- Thread starter rkana
- Start date
rkana,
Start trading your own money and post your track record.
Discuss your system openly. Display your growth and ask your questions.
You do not need to be a superstar, if you control your drawdown and trade a conservative leverage. Your Yields will come with experience, while you are learning to survive.
In two years you can write your own ticket. Be the Trader that you can be....go through the Fire of Faith and get tested....
You don't want a Job...You want to be a Trader! Take the fast track and learn on the streets and throw your MBA away...
There are more and more institutions looking for real traders not anal-lysts...And I can tell you the numbers are huge and the sky is the limit. It is worth it to put in your time on the streets of trading...
If I could tell you what I now know to be a fact and if you would believe it(the numbers are so big that are available to you, you would not believe it), you would then realize that the time required for you to become a proficienct, confident trader that can take whatever the market throws at him is miniscule. But you got to earn it. Being a traders assisitant is not the leech that you want to be...and will get you nowhere...
You can do it rkana....get started and hope to see you here...
I can proudly say that I am a professional trader and I consider myself one, and I hope to be for years to come. I hope the senior traders return to ET or continue here as I greet them and their guidance. Some of these guys have survived for years in this trading world, and that fact alone says loads...
Michael B.
Start trading your own money and post your track record.
Discuss your system openly. Display your growth and ask your questions.
You do not need to be a superstar, if you control your drawdown and trade a conservative leverage. Your Yields will come with experience, while you are learning to survive.
In two years you can write your own ticket. Be the Trader that you can be....go through the Fire of Faith and get tested....
You don't want a Job...You want to be a Trader! Take the fast track and learn on the streets and throw your MBA away...
There are more and more institutions looking for real traders not anal-lysts...And I can tell you the numbers are huge and the sky is the limit. It is worth it to put in your time on the streets of trading...
If I could tell you what I now know to be a fact and if you would believe it(the numbers are so big that are available to you, you would not believe it), you would then realize that the time required for you to become a proficienct, confident trader that can take whatever the market throws at him is miniscule. But you got to earn it. Being a traders assisitant is not the leech that you want to be...and will get you nowhere...
You can do it rkana....get started and hope to see you here...
I can proudly say that I am a professional trader and I consider myself one, and I hope to be for years to come. I hope the senior traders return to ET or continue here as I greet them and their guidance. Some of these guys have survived for years in this trading world, and that fact alone says loads...
Michael B.
Thanks Mike B.,
your statements are profound. your advice sounds about right and i will make sure to exchange ideas and trades on this site. the only system of trading I know of now is the "Turtles" trendfollowing system. at this point I think to take this system and apply it to the futures market and see what becomes of me.
may the force be with you,
Robert K.
your statements are profound. your advice sounds about right and i will make sure to exchange ideas and trades on this site. the only system of trading I know of now is the "Turtles" trendfollowing system. at this point I think to take this system and apply it to the futures market and see what becomes of me.
may the force be with you,
Robert K.
I don't need to execute the plans now. I have a full time job that I hate and want to do the only thing that I am passionate about which is to trade. I have saved up 20k for trading and want to make sure I know the futures market as well as I can before trading real money. I still need to choose a broker and want to paper trade for about 1 month prior to go-live. I just wish I could devote all my time to this but if I could just find a profitable position strategy someday I'll quit my real job. Are you saying you have been trading for 2 years or I have 2 years to prove to myself????? In any case, when I was daytrading I was on cloud nine whether makin'n money or not. Just the process of planning, executing and then measuring my trading was fun.
Rob K.
Rob K.
plan on having 3x times more than your $20,000 grub stake.
Split that into mad money for house expenses, as this is what you probably will be living off of until you're profitable.
Reserve the other $20,000 for backup to the primary $20,000 that you plan to use.
Know that most retail account require $25,000 just to clear the PDT Rule (research that..).
Also, know that you're too used to receiveing a salaried check on a regular basis, whether you were a start employee or sick or healthy. It came on time. That is not the way its going to be going forward as a full time trader.
Every been in business for yourself or a consultant on 1099?, then you'll have an easier time of it switching over.
This does not sound like you're making a wise choice in crossing over. Too many people have been chewed up and spit out and the markets don't even burp as they digest the new fodder.