What other careers are there?

Have you found anything useful so far?

Finance is big. Trading is a very small percentage of jobs in finance and it's probably the least value added.

Good finance jobs (meaning stability) can be found in corporate development and finance jobs at large corporations. You would be analyzing new projects, understanding divisions, analyzing strategic M&A.

As you know, insurance companies do a lot of interesting things.

Controller stuff can be good (what Lane did in Madman). I have a lady who does that at my company and it's a very valuable skill (to manage the cash of the business).

Commercial banks do interesting work as well. Credit card companies, commercial loans, etc all fall within the fields of finance.

Then there is the investment community. Doing securities research, etc. The opportunities outside of this are more limited but there can be a lot of upside. Also in the investment community, there are midoffice jobs, risk management, and financial planning, etc.

And as mentioned before there's accounting and tax planning.

Depending on your education background, experience, credentials and pedigree some of these may or may not be open to you.
 
Quote from icarus618:

See if you can reconcile your statements. I'm not referring to your obvious slip up of 12 months versus 18 months, but to your sentiment about being breakeven. Is breakeven after 12 or 18 months "actually pretty good" or "isn't going so well"?

My original point which you couldn't grasp is that "breakeven" is really not breakeven. Let me put it this way: How much in commissions did you pay over the 12 or 18 months? I know you couldn't grasp college accounting so I told you to go ask your daddy who can lend you some business perspective in assessing your performance.

My initial sense was you probably didn't "breakeven," i.e., cover your commissions with your trading, and you are bullshitting yourself and the people around you. However, after reading your posts, I am open to the possibility you are just too dense to know that you actually lost money.

In either case, looking to get out of trading is probably the smartest thought you've had in a long while.
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Hey dicklet I've already said I'm break even WITH commissions now shut the hell up.
 
Quote from icarus618:

My original point which you couldn't grasp is that "breakeven" is really not breakeven. Let me put it this way: How much in commissions did you pay over the 12 or 18 months? I know you couldn't grasp college accounting so I told you to go ask your daddy who can lend you some business perspective in assessing your performance.

My initial sense was you probably didn't "breakeven," i.e., cover your commissions with your trading, and you are bullshitting yourself and the people around you. However, after reading your posts, I am open to the possibility you are just too dense to know that you actually lost money.
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I understand your poker analogy, but if he is BE after comms, then ex comms he is actually up. We must be miscommunicating here. BTW, the entire thread/poster is probably a troll.
 
Quote from jj90:

I understand your poker analogy, but if he is BE after comms, then ex comms he is actually up. We must be miscommunicating here. BTW, the entire thread/poster is probably a troll.
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The reference to my college poker days was meant as an anecdote not an analogy. People have a difficult time admitting they lost and rationalize in their minds how they broke even.

My point is the same as yours: BE after commissions means he is not BE but actually up the amount of his commissions. I made two attempts to convey that point, but maybe I was too hard on the dolt for not connecting.
 
Quote from michael21:

Hey dicklet I've already said I'm break even WITH commissions now shut the hell up.
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You don't need to convince me. See if you can convince your daddy and he might back your trading. I'm sure he is smart enough to figure out that if your commissions didn't come out of your pocket they must have come out of the market, which means you were good enough to extract over 12 or 18 or whatever number of months you decide to stick to.

Still, my sense is you are better suited for making sandwiches than for trading. Get in front of a mirror and practice saying the following convincingly: WELCOME TO SUBWAY!

Your future may depend on it.
 
Quote from icarus618:

You don't need to convince me. See if you can convince your daddy and he might back your trading. I'm sure he is smart enough to figure out that if your commissions didn't come out of your pocket they must have come out of the market, which means you were good enough to extract over 12 or 18 or whatever number of months you decide to stick to.

Still, my sense is you are better suited for making sandwiches than for trading. Get in front of a mirror and practice saying the following convincingly: WELCOME TO SUBWAY!

Your future may depend on it.
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You talk a big game over the Internet when it's just you and your porn. You sound über successful. Enlighten us with your genius.
 
Quote from michael21:

Hey guys, if trading isn't going so well (break even for 12 months) what other careers are there in finance?

Please be specific.
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If you have your S7 then you can go and become a financial advisor, most are hiring if you have a degree from descent school perhaps with Merrill Lynch or American Express if not Ameriprise, Edward Jones or one of the insurance companies.
Besides a financial advisor if you have S7 you can become a junior trader or back office....
 
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