Quitting Trading Job at my Bank to Day Trade at Home

[achilles28]

It's your call. What about the legal ramifications? Possible NDA? I have no direct experience. Jmo.

 

[mushinseeker]

Just make sure the system's pnl is not dependent on flow which comes in to your bank's desk. Witness the hordes of floor traders that can't make transition to screen due to absence of flow.

I thought I was a good trader up until I had to go to screen.

 

[jinxu]

I don't think you quite get it, a successful strategy isn't determined over 80 day's, perhaps not even over 80 weeks. It is determined over varying market conditions. Bull, Bear, consolidated, flash crashes, black swan events, etc...

We have been in extended bull market for years, 80 days is a drop in the bucket. This is what you are basing your long term plan on?

It sounds like you made your decision and are just trying to justify it. Good Luck

???

My system works in bear, bull, sideway, whatever. It's daytrading with low frequency selective trades. There are days when I've made money betting down when the bigger trend is up and vice versa. Unless you're a swing trader it shouldn't matter.

 

[GoldenMember]

???

My system works in bear, bull, sideway, whatever. It's daytrading with low frequency selective trades. There are days when I've made money betting down when the bigger trend is up and vice versa. Unless you're a swing trader it shouldn't matter.

Freudian slip? Accidentally use the wrong nick? How does a strategy the OP has only used for 80 days relate to your strategy which you say works in all market environments. You know, the one which requires unemployment payments for you to make ends meet.

I am trying to get fire so I can collect unemployment benefits before going full time trading.

 

[Grandluxe]

Freudian slip? Accidentally use the wrong nick? How does a strategy the OP has only used for 80 days relate to your strategy which you say works in all market environments. You know, the one which requires unemployment payments for you to make ends meet.

LOL. So confident, why not just quit his job immediately?

 

[badnewsbear]

Freudian slip? Accidentally use the wrong nick? How does a strategy the OP has only used for 80 days relate to your strategy which you say works in all market environments. You know, the one which requires unemployment payments for you to make ends meet.

Grab some ass. Sexually harass your coworkers. If that doesn't get you fired, you're working with some perverts.

 

[jinxu]

Freudian slip? Accidentally use the wrong nick? How does a strategy the OP has only used for 80 days relate to your strategy which you say works in all market environments. You know, the one which requires unemployment payments for you to make ends meet.

I like the idea of having some money coming in in the form of an unemployment check while I look for something else with better hours. Plus my post was merely for giving the OP another perspective. Why you felt the need to attack is very puzzling. I assume dthat maybe the OP in question has discover the same thing I have discover about the market that enable him to achive the high success rate that he declare to have attained. I'm sure you haven't.

 

[jinxu]

Freudian slip? Accidentally use the wrong nick? How does a strategy the OP has only used for 80 days relate to your strategy which you say works in all market environments. You know, the one which requires unemployment payments for you to make ends meet.

This is also the only nickname I use here. You're paranoid...'Dude'.

 

[clacy]

I like the idea of having some money coming in in the form of an unemployment check while I look for something else with better hours. Plus my post was merely for giving the OP another perspective. Why you felt the need to attack is very puzzling. I assume dthat maybe the OP in question has discover the same thing I have discover about the market that enable him to achive the high success rate that he declare to have attained. I'm sure you haven't.

I would say attempting to purposefully get fired, so that you can receive welfare from the tax payers and employers of this country while you try your hand at trading, is very worthy of attack.

That's pretty despicable.

 

[jinxu]

I would say attempting to purposefully get fired, so that you can receive welfare from the tax payers and employers of this country while you try your hand at trading, is very worthy of attack.

That's pretty despicable.

It was a thought. I wasn't being serious.