Quote from RAMOUTAR:
Great thread:
I began working at 10 y/o, became a manager of a local bagel store when I was 12. I wrote out checks, kept inventories, ordered merchandise, and fired people twice to three times my age. In a broken family, I worked 18 hour days in the summer, and 8 hour days during school (working at night, and going to school in the day). I handed my mother $500 per week, and took the bus with my younger sister to buy us clothes and books for the upcoming school semester. I entered Wall St. in 1989 full time, while taking on a 16 credit load in college. My diet was, coffee, cigarettes and NO-DOZ. I made enough money to pay off my mother's mortgage, and live a decent life. I never blamed anyone for my the cards I was dealt, and if I could do it again I would and so it the same way.
By the time I was 22 y/o, I had $15mm under management and had Fortune 500 execs as clients, and managed 80 registered reps. The way Oliver Stone and my professors portrayed Wall St, could not be any further from the truth. I became a SOES trader in 1995, and have been trading and teaching ever since.
There are wealthy kids that kill their parents, and poor kids that grow up poor and become wealthy later. Go figure. I speak for myself...having learned at a very young age how to support myself and family, I was much better prepared to handle risk, upset, failure, and just an overall crappy situationto rise above and change my fate.
