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What are we called?

  • #61
  • Apr 3, 2007 1:00am Apr 3, 2007 1:00am
Quoting mr.marketz
In the movie "9 1/2 Weeks" when Kim Basinger asks Mickey Rourke (a currency trader) what he does for a living, he simply says, "I buy and sell money". After that he ends up getting laid through the entire movie. Try that.

MM

And does it get you laid?? LOL

.
  • #62
  • Apr 3, 2007 2:24am Apr 3, 2007 2:24am
These days, I try to avoid telling people what I do for a living. Why? I have a few strange & uncomfortable conversations during the last few years. Here's one:-

Me having dinner with a friend.

Friend: Hmm...time flies. It must have been 6 years since you left that company. So how did you manage to survive all these years?

Me: I trade forex on my own account, you know.....buying & selling of currencies.

Friend (with a puzzled look): You mean speculation? So, which company are you with?

Me: No, I can do it at home.

Friend: (still, looking puzzled) Oh!......

(There was a period of silence followed by some small talk on other topics. As we were getting ready to leave.....)

Friend: Don't worry...I'll pay for this since you're not working.
KISS
  • #63
  • Apr 3, 2007 2:24am Apr 3, 2007 2:24am
Quoting Sanook
This has happened a few times to me recently:

Friend: So what are you doing now?

Me: I'm a trader.

Friend: Oh a trainer, a trainer of what?

Me: No, a trader, as in the stock market.

Thing is though, I don't trade on the stock market, and most people don't understand what the foreign currency exchange is.

So, how do you briefly explain to people what it is you do? Should I just try and pronounce the word 'trader' a bit more slowly next time?

Thanks.
Hi, I've also friends asking me the same question. And my answer is always "I'm an Independent Trader." I think that's a name that worth educating the public as the group of ITs grow bigger and bigger.
make some money, have some fun, leave some footprints
  • #64
  • Apr 3, 2007 3:02am Apr 3, 2007 3:02am
Quoting boostrade
Hi, I've also friends asking me the same question. And my answer is always "I'm an Independent Trader." I think that's a name that worth educating the public as the group of ITs grow bigger and bigger.

Boostrade, if anyone used that expression here in the UK they would immediately see you driving around in a 3 wheeler Reliant Robin with a partner called Rodney and think poor Delboy, but he's a trier!!!

When I used to answer the question truthfully and say I was a trader they would normally assume that to mean that I had a stall in the local market. When they asked what I sold I would tell them Boots, Shells, Cables & Wirelesses, that sort of thing. Mostly it worked and subject closed but probably wonder to this day how I manage to survive. Currency trader? whoosh - straight over their head, don't even bother.

Great thread for a bit of light relief, well done Sanook, keep it going.

strada
  • #65
  • Apr 3, 2007 5:17am Apr 3, 2007 5:17am
you can simple answer that you are working for the mob )
Now it depends for what mob you work yakuza (major/yen), cossa nostra (eur/all), etc
You'll get it
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #66
  • Apr 3, 2007 6:02am Apr 3, 2007 6:02am
of course I am a foreign currency trader, I use money to buy and sell money period!
  • #67
  • Apr 3, 2007 7:42am Apr 3, 2007 7:42am
I love to respond that I am unemployed. I first read it in Market Wizards book and it clicked.

Unemployed is not equal to poor at all, hehe.
  • #68
  • Jun 26, 2008 6:03am Jun 26, 2008 6:03am
I trade Forex for a living. What do you do ?

I explain that I buy and sell money on the internet without ever actually touching the money. I am a money or currency trader !

How do you describe your profession ?


Bruce
{Promotion Removed}
  • #69
  • Jun 26, 2008 6:12am Jun 26, 2008 6:12am
I use fractal geometery and chaos theory to make profits in the currency market. That's my job.
Always impresses the ladies....
  • #70
  • Jun 26, 2008 6:24am Jun 26, 2008 6:24am
no one as far as my eyes can see would support me if i told them i do forex for living, and if i do it with leverage, they think i am joking

so they all think i just playing online games, and it should be that way, period, for the sake of peace and harmony

maybe a simple word that can explain is : i am a broker ( broke- er) (that's why they complain, it is not a good karma)
  • #71
  • Jun 27, 2008 1:18pm Jun 27, 2008 1:18pm
You guys got it all wrong...

I just say I'm a stripper nowadays. That one's a real eye opener for people.
I dream, therefore I become.
  • #72
  • Jun 27, 2008 1:34pm Jun 27, 2008 1:34pm
Quoting Tjpld
I use fractal geometery and chaos theory to make profits in the currency market. That's my job.
Always impresses the ladies....
God hates liars, by the way. Just thought I'd throw that out there .

Quoting mike w
You guys got it all wrong...

I just say I'm a stripper nowadays. That one's a real eye opener for people.
I'd pay money to see that. You know, money that I earned trading currencies. Since that's what I do for a living.

Actually, I'm lying. I'm just an intern right now. I still need the scratch to trade for a living, so it's time to abuse, erm, talk to, the parentals for some seed capital.

It's fun explaining to people that if the US economy tanks, I make money off of it. Made 77 pips off of that fact this morning alone.

P.S. - It's always fun dredging up threads from the depths of obscurity. Now to return to your regularly scheduled Chipotle lunch.
Never underestimate the powers of the Force.
  • #73
  • Jun 28, 2008 3:33pm Jun 28, 2008 3:33pm
Quoting The Jedi
It's fun explaining to people that if the US economy tanks, I make money off of it. Made 77 pips off of that fact this morning alone.
.

People always look at you like your a bastard when you say you make money off of them paying so much for gas. When I tell them, I bought in at 122 with a nice chunk of change, everyone gets pissy with me lol They go so far as to say I'm unamerican for making money when something happens that pushes the US dollar down.
I dream, therefore I become.
  • #74
  • Jun 28, 2008 4:11pm Jun 28, 2008 4:11pm
Quoting The Jedi
It's fun explaining to people that if the US economy tanks, I make money off of it. Made 77 pips off of that fact this morning alone.
Or when people talk begrudgingly about how the price of oil jumped another $3 dollars overnight as they fear a sharp rise in gas/petrol, I'm mentally doing fist-pumps as I know that my Euro longs are way in the money
Just trying to make some dollars and sense...
  • #75
  • Jun 28, 2008 9:08pm Jun 28, 2008 9:08pm
Quoting PiP sL@y3r
Or when people talk begrudgingly about how the price of oil jumped another $3 dollars overnight as they fear a sharp rise in gas/petrol, I'm mentally doing fist-pumps as I know that my Euro longs are way in the money
No one ever said that they can't profit in these times the same as we do, so screw 'em. All that said, I don't do the oil trading thing since I personally feel disdain towards the hedge funds that have put too many people under undue economic pressure for their bottom line. A bit of a morality thing in my mind. Otherwise, it's game on!
Never underestimate the powers of the Force.
  • #76
  • Jun 28, 2008 9:13pm Jun 28, 2008 9:13pm
Quoting hidethereal
Get smarter friends?
  • #77
  • Jun 29, 2008 12:41am Jun 29, 2008 12:41am
Quoting The Jedi
I don't do the oil trading thing...
I don't either because I don't have the stomach for such volatility in Crude. However, when the oil-mania does reverse I'll be the one in many to long USD and thus be able to converse with the peoples' relief and joy. Until then it is difficult to explain the mechanics of what we do.
Just trying to make some dollars and sense...
  • #78
  • Jan 27, 2009 3:06pm Jan 27, 2009 3:06pm
My friend was very surprised and confused when i was showing him the pictures of what he found me reading( candle charts). I told him am into forex about three weeks ago but he was expecting me to take him to the farmland i want to cultivate in the FOREST.
A banker was very surprised at how i get much money and was asking me what a forex trader is,i said," someone a little more educated than a banker; bcos we have to read about major economies of the world on a regular basis and take action everyday!".
But now people understand me easily when i say " i buy and sell money of different countries....using the internet". But many times i have to explain how.
  • #79
  • Jan 28, 2009 3:00am Jan 28, 2009 3:00am
I was introduced to a bloke the other day at a restaurant...He later asked what I did for a living and I told him I was a currency trader....His next comment was:

"It always astonishes me that there are all these people getting around making lots of money who essentially do nothing."

After a long conversation he finally got the idea that we do more than nothing...On other occaissions when people ask what I do for a living I have responded with:

"I help large economies make their exports more competitive by destroying their currency."
  • #80
  • Jan 28, 2009 3:48am Jan 28, 2009 3:48am
Quoting Darkstar
I gave up trying to talk to avergage Joe about what I do. They never seem to get it anyway. I guess thats why I spend so much time at FF...
I totally relate to this! LOL.

I'm really just about to completely
give up ever talking about it with
anyone.

It's pretty much pointless.

About the most misunderstood thing
that I know of!

Why? I'm really not sure.
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