Quote from jazzjackrabbit:
lol im in the same boat i got laid off from my job after 2 years of service. now im getting welfare checks ive been on it for 2 months, im getting really bored and the pay is only 1500/month, im thinking of getting this trading job and even getting a 2nd job to supplement my income, try that man so you can get some extra money and at the same time build up your trading skills.
also do you know if my EI will get cut off if i take this swiftrade job, i know they wont pay me for months until i become profitable, also which prop fim did you apply for ?
thanks
jazz
From what I heard/read, you get cut off if you get a job "on commission" even if you get no commission whatsoever. That seems very bizarre and cruel. You may want to check yourself (anonymously on the phone).
If I start trading on Welfare, I'm just not going to delcare it. I may even trade and just work once a week for a temp firm. The huge problem with getting a job is that if I start doing swing trading which is 2 to 5 days, and my technical indicator crossover ends up happening any time during the trading hours, I can't be there to place the trade if I'm working.
The big factor in me not choosing the prop firm right now is the "level of psychological comfort" or discomfort I should say if I chose to work there when I have practically no money left. If I had that much pressure on my shoulders, I might not trade well at all. I figured in several months I should be in a better situation to pull it off.