Trading for a Low-Paying Living

[wanderer]

Yess ! the freedom on offer is priceless ! Quite unmatched by any other profession.

 

[wanderer]

CITIUS - ALTIUS - FORTIUS !

btw , musn't Daytrading get an entry to the Olympics ?

AMT4SWA would surely agree !!

 

[Remiraz]

Quote from science_trader:

I tend to value freedom to more than millions of dollars.

Trading to live (even if some are not making 300K$ a year...) is always better than being forced to work everyday 9-5...

Unless you love your job. :eek:

 

[Steve Tvardek]

I will never understand people who will only trade the market in one direction. You dont choose which way the market is going to trade, it tells you which way it wants to go and believe me, its not always up. Why limit yourself?

Quote from reid5525:

The other three days I dont trade. I trade only on days that stocks are heading up. Would you have done any long side trading on Thursday and Friday last. You would'nt do that when laying out several positions. And I do not do any short selling.

 

[easyrider]

Quote from Steve Tvardek:

I will never understand people who will only trade the market in one direction. You dont choose which way the market is going to trade, it tells you which way it wants to go and believe me, its not always up. Why limit yourself?

I wholeheartedly agree but probably 90% of my trades are shorts. I cut my teeth on the bear market and I hate going long unless its a parabolic move.

 

[science_trader]

Quote from Remiraz:

Unless you love your job. :eek:

Not really the fact to love/hate your job. What makes me really sick in 'standard' job is to work for the others...and having to listen to so many nonsenses and political fights inside the companies.

 

[Remiraz]

Quote from science_trader:

Not really the fact to love/hate your job. What makes me really sick in 'standard' job is to work for the others...and having to listen to so many nonsenses and political fights inside the companies.

oh yeah. i hate those too.

how i wish the job market is saturated with those boring production conveyor belt jobs you see in cartoons like The Simpsons (marge's job).

stand there whole day, zero human interaction, zero mental usage, walk away with a paycheck every month. my fren worked for 3 months puting circuit boards on a conveyor belt for a cool US$1.2k a month. (cool in SE Asia regions lol) He said it was the easiest money he ever made. :eek:

 

[science_trader]

Quote from Remiraz:

oh yeah. i hate those too.

how i wish the job market is saturated with those boring production conveyor belt jobs you see in cartoons like The Simpsons (marge's job).

stand there whole day, zero human interaction, zero mental usage, walk away with a paycheck every month. my fren worked for 3 months puting circuit boards on a conveyor belt for a cool US$1.2k a month. (cool in SE Asia regions lol) He said it was the easiest money he ever made. :eek:

The best of the best in the companies are those who run around the whole day, carying a pile of papers (always the same)....all for nothing...

They usually lead the local labor union...

 

[reid5525]

Quote from Steve Tvardek:

I will never understand people who will only trade the market in one direction. You dont choose which way the market is going to trade, it tells you which way it wants to go and believe me, its not always up. Why limit yourself?

Trading from the long side only (or short side only), simply has to do with greater focus and mastery.

 

[DHOHHI]

Quote from ozzy:

Personally I would not trade for 50K /year.

Trading as an occupation is overated unless you make 300K+ then its great, if not then its best to stick to your day job.

Well, if you've paid off the mortgage, kids are out of the house, no debt then $50K from trading can get you by. But to say you need $300K to make it worthwhile is a bit off the wall. You can't easily put a price tag on the freedom that comes with trading. I'm happy making LESS $$ trading than what I made in the corporate world.