Quitting full-time trading - what next?

Quote from Anaconda:




Frankly, stay away from the corporate path. Check with friends or acquaintances, get involved in a start-up. This economy & world are changing, so think ahead.

Only someone who probably never tried to operate a start-up would say this. I had several. Getting a corporate job is far better. You get a dependable salary, medical and other benefits.

In this economy, it is hard to start a business. You work long hours. You put a lot of money into it. You have a high failure rate. Start-ups rarely return much compensation to the owner until after several years of operation, if ever. And it is very hard to get paid.
 
I years ago included my technical analysis on my resume and I did not find ever any negatives to it when I made myself available to corporations needing my skills. Now no co ever needed those exact TA skills for the type of business consulting jobs that I have taken on. But it is ones overall financial skills and ability that business/corps will look at.
I use both TA and FA in my security analysis.


Quote from the1:

Fly, you're a tough old fart but you're telling it like it is. If you're reading charts and selling the thing short when the 9 MACD crosses the 26 MACD Corporate America equates that to Gambler but if you started an LLC or maybe an LP, or even an S-Corp and did something other than MACD then you are a businessman. There are so many damn traders out there who couldn't even calcuate a profit margin or debt to equity ratio. This shit is actually important if you want to find a job beyond trading. If you don't know any of this then you're stuck with the gambler logo.
 
Can you find a worse time to try to get a job in the finance industry? In this economy, there are much better qualified folks with college degrees that can't even find a job after they got laid off. And I'm talking about people who have worked for years in the industry and have an impressive resume.
 
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