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Trading for a living
- Thread starter gwac
- Start date
i just have to ask..what the HELL does knowing nicknames for Currency markets have to do with "market experience"...there are TONS of different markets ...currency is just a tiny area of them..nana could know the rest like back of hand..and know nothing bout currency...yet u come to conclusion he knows nothing..if he hada been wrong about nickname? bit close minded:0
Quote from MiniGrasshopper:
i just have to ask..what the HELL does knowing nicknames for Currency markets have to do with "market experience"...there are TONS of different markets ...currency is just a tiny area of them..nana could know the rest like back of hand..and know nothing bout currency...yet u come to conclusion he knows nothing..if he hada been wrong about nickname? bit close minded:0
There is only one market nickname for gbp and cad. He never
responded. Why did he respond to the tread, it was not
to be helpful if was to be an azz. I wanted to know if he had
ever worked for a bank. Anyone who has worked trading
for a bank knows the nicknames.
Quote from Lon Eagle:
I did the same thing and would say go for it. There is a huge difference though although it is the same job in reality. As I came from a small bank background I did not miss the flows or anything like that but for the first 6 motnhs or so I was trading real money rather than just paper. That adversly affected my performance at first. Now it is no different to trading for a bank in terms of I don't think of each trade as what it is in real money and hence the emotional side has been cut out of my trading again. Also don't forget as you are not a bank you have no get out trades where you manage to nick a bit off a client!
If you make the move I would start out almost as if you are a trainee again and so set aside enough capital to not only trade with but also to live on for a year.
If you want to ask any further questions feel free to PM me (I worked for a bank for 15 years as a trader and was the Treasury Director).
Thankyou sir, that is what i was looking for.
I trade fx for an FI, I make 6 figure plus, but I am so fedup of
the crap and daily grind. I have been doing this for 20 years. I am seriously thinking of quiting and trading my own capital.
Does that 6 figure starts with 1 or 9?
And after doing it for 20years, have more newbie questions?
I am looking for some advice on how successful people
have been and what to expect.
It's seems from what you said you had already archived
success.
I have 2 years worth of expenses put away, I have
little debt and I have about 75k as capital to trade.
My wife is behind me....
First You have no heart, guts to trade. Second your
reason for reliance on your wife, because you are
expecting $75K to evaporate in matter of time.
Those terminologies don't make you a penny. Words
like cable or other shits have been brought up here
tens of times, it isn't somthing usefull, when reading
daily fx news.
I am really just looking for any advice or suggestion from anyone, before i make this big change.
Stick to your job, and stop looking like a pro with newbie questions
the crap and daily grind. I have been doing this for 20 years. I am seriously thinking of quiting and trading my own capital.
Does that 6 figure starts with 1 or 9?
And after doing it for 20years, have more newbie questions?
I am looking for some advice on how successful people
have been and what to expect.
It's seems from what you said you had already archived
success.
I have 2 years worth of expenses put away, I have
little debt and I have about 75k as capital to trade.
My wife is behind me....
First You have no heart, guts to trade. Second your
reason for reliance on your wife, because you are
expecting $75K to evaporate in matter of time.
Those terminologies don't make you a penny. Words
like cable or other shits have been brought up here
tens of times, it isn't somthing usefull, when reading
daily fx news.
I am really just looking for any advice or suggestion from anyone, before i make this big change.
Stick to your job, and stop looking like a pro with newbie questions
Quote from MiniGrasshopper:
i just have to ask..what the HELL does knowing nicknames for Currency markets have to do with "market experience"...there are TONS of different markets ...currency is just a tiny area of them..nana could know the rest like back of hand..and know nothing bout currency...yet u come to conclusion he knows nothing..if he hada been wrong about nickname? bit close minded:0
Don't worry about me. He demands respect. Power
demand respect only.
Is he a power, with hidding behind a woman? No
Quote from Ivanovich:
Why don't you all just give him a break? All he did was ask anyone if they had made the transition. And right away, you - Nana - jump his case.
Take a chill.
The guy just can't stand negative comments, he is
a proud, arrogant who i don't see even can take
losses occurring from trades, HE NEEDS SECURITY
AND RESPECT, that's all he demands, pure and simple