Isnt a service career more satisfying then trading? | Page 3 | Forex Factory

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Isnt a service career more satisfying then trading?

  • #41
  • Oct 25, 2009 3:26pm Oct 25, 2009 3:26pm
As long as you really enjoy the WORK involved in becoming and being a trader - or anything else that you do - you're in good shape.

To only be in it for the carrot at the end of the stick is the problem.
Then, you've just enslaved yourself in order to reach an ever-fleeting prize - not good.
  • #42
  • Oct 25, 2009 3:48pm Oct 25, 2009 3:48pm
Quoting kingfisher
I feel service career is more satisfying then a trading career...

I am trading all alone in my room sitting in front of my PC for 8-10 hrs a day...

What are the views of other traders and full time job holders?
kingfisher: You have to be absolutely soaked into this business of trading, believe me, top traders absolutely love what they are doing with passion, nothing is stopping them, if you don't have that fire burning within you trading is not for you.

Love to be bored, because trading is very boring. Your goal is to become the very best.

Adrian
  • #43
  • Oct 25, 2009 4:11pm Oct 25, 2009 4:11pm
Quoting kingfisher
I have been trading for last 3 weeks live. I am a student trying to become an internal auditor. I feel service career is more satisfying then a trading career.
Wait until you start working and everyone loads their work down to you, because you are the lowest form of internal auditor. You are the NEW guy. You are the YOUNG guy. You are the GRUNT.
You will be working 12 hours a day and not being paid for the extra time. You will be working every weekend. Because, you are the NEW guy. You are the YOUNG guy. You are the GRUNT


Quote
I am trading all alone in my room sitting in front of my PC for 8-10 hrs a day. Trading does not involve any social skills, no friendship circle (like office friends), no value addition, no career skills.

That would be bliss. At least for a while

Quote
In a service career, i will interact with so many office friends, will have a well defined career, can visit different places for assignments and will have overall satisfaction and better life balance.

You will be locked in an office on your own, auditing the company books. You will be checking up for fraud. Nobody will want to talk to you because they don't want to be seen talking to the rat-squad. It is the equivalent position to Internal Affairs Division for the Police force.
  • #44
  • Oct 25, 2009 4:21pm Oct 25, 2009 4:21pm
Quote
Wait until you start working and everyone loads their work down to you, because you are the lowest form of internal auditor. You are the NEW guy. You are the YOUNG guy. You are the GRUNT.
You will be working 12 hours a day and not being paid for the extra time. You will be working every weekend. Because, you are the NEW guy. You are the YOUNG guy. You are the GRUNT

True. Service job sucks.

But there are 137 million Americans in workforce..so in case if in future, i am not able to earn money through forex, then i will have to join the workforce at an entry level position to get a sure shot monthly pay cheque.
  • #45
  • Oct 25, 2009 4:38pm Oct 25, 2009 4:38pm
Quoting forexmick
Wait until you start working and everyone loads their work down to you, because you are the lowest form of internal auditor. You are the NEW guy. You are the YOUNG guy. You are the GRUNT.
You will be working 12 hours a day and not being paid for the extra time. You will be working every weekend. Because, you are the NEW guy. You are the YOUNG guy. You are the GRUNT...
not to mention the blame that they will put on you if anything goes wrong!!! taking the rap when it's not your fault!!! lady bosses, especially those old n single ones. ever tried working under 1 before?? rush hour public transport is another experience one must try. packed like sardines and time needed to get to your workplace. for those without a car.

go through all these and tell me you will miss work!!! unless you really like your job??
  • #46
  • Oct 26, 2009 1:11am Oct 26, 2009 1:11am
Quoting kingfisher
I have been trading for last 3 weeks live. I am a student trying to become an internal auditor. I feel service career is more satisfying then a trading career.

I am trading all alone in my room sitting in front of my PC for 8-10 hrs a day. Trading does not involve any social skills, no friendship circle (like office friends), no value addition, no career skills.

In a service career, i will interact with so many office friends, will have a well defined career, can visit different places for assignments and will have overall satisfaction and...
1. It's not problem to serve somebody if you're pro trader
for sure You will find people who wants to be taught by you, Investors to be served by you, fellow traders to be lead by you

2. Imagine that you do the same job for 10 years in service industry and ask your self again
it's o'k to win ...
  • #47
  • Oct 26, 2009 1:56am Oct 26, 2009 1:56am
I was a banker for the last 11 years. If was fun in the first 5 or 6. Then It got routine and boring. But it paid the mortgage and the bills. Out of the 11 years in the bank, 8 I traded stock exchange EOD. I discovered that this is better the my 9-5 job. One year ago I discovered Forex. Now I am a full time Forex trader. I have the flexibility to work as much as I want without a stupid boss counting the time I spend in the office. It depends on what you want to do in your life.

What I think is that at least for the beginning of your working life, entering in a company will give you the flavor and experience of office politics and will help you create a network of relationships. If you want to move to other business this will help.
If you're not part of the solution then you're part of the problem.
  • #48
  • Oct 29, 2009 2:13pm Oct 29, 2009 2:13pm
Thanks everyone for their fantastic responses. I salute full time traders because they have guts to follow their dream and try to set up their own business.

I have decided to finish my certifications and then kickstart my internal audit career. Getting a job is a difficult task and once i get the job, then i will be working for 10-12 hours a day !

But overall it will suit me as i will make friends, learn the audit skills and progress in career over a period of time.

I have decided not to leave forex markets as well and do small trades in one or two currency pairs.
  • #49
  • Oct 29, 2009 2:48pm Oct 29, 2009 2:48pm
Quoting kingfisher
I have decided to finish my certifications and then kickstart my internal audit career.

I have decided not to leave forex markets as well and do small trades in one or two currency pairs.
Two great decisions.

Best of success to you!
  • #50
  • Oct 30, 2009 2:01am Oct 30, 2009 2:01am
Quoting kingfisher
Thanks everyone for their fantastic responses. I salute full time traders because they have guts to follow their dream and try to set up their own business.

I have decided to finish my certifications and then kickstart my internal audit career. Getting a job is a difficult task and once i get the job, then i will be working for 10-12 hours a day !

But overall it will suit me as i will make friends, learn the audit skills and progress in career over a period of time.

I have decided not to leave forex markets as well and do small trades in one...
Good call.
  • #51
  • Oct 30, 2009 6:27pm Oct 30, 2009 6:27pm
Quoting kingfisher
I have decided to finish my certifications and then kickstart my internal audit career. Getting a job is a difficult task and once i get the job, then i will be working for 10-12 hours a day !

I have decided not to leave forex markets as well and do small trades in one or two currency pairs.
Two good decisions.
But make sure that you get paid for EVERY hour of that 10-12 hours a day working as an auditor. GRUNTS get paid shite money, so make sure you get paid every pound.
  • #52
  • Nov 1, 2009 2:50pm Nov 1, 2009 2:50pm
Quoting kingfisher
I have been trading for last 3 weeks live. I am a student trying to become an internal auditor. I feel service career is more satisfying then a trading career.

I am trading all alone in my room sitting in front of my PC for 8-10 hrs a day. Trading does not involve any social skills, no friendship circle (like office friends), no value addition, no career skills.
I agree, but not 8-10hrs in front of screen. 5-6hrs monday-friday.. so thats why i join forexfactory, so I can meet fellow traders when im off-duty. :-)
  • #53
  • Nov 12, 2009 6:31am Nov 12, 2009 6:31am
Quoting Razor_trader
Why not take a laptop down to the local cafe, or take a trip somewhere and trade on the beach. Those are some options for those who can think out of the box. Trading doenst need to be an isoloted thing that leads to the walls closing in. Take it pool side, make a trade or 2 and swim up to the pool side bar and enjoy a cocktail or 10, plus im sure a pool side view would be 100 times better than a dark room with a 24" monitor watching hourly bars bounce by.

There are some pretty unique things you can do with this business. You can run a business...
The flexability that trading fulltime from home is awesome. Laptops, mobile internet connections and my new dayvan equiped with every home comfort mean I don't even stay at home to trade.

Beaches, mountains, lakes have recently become my office and it is truly amazing.

It took me three years hard slog to become consistently profitable but boy was it worth it. Made every mistake possible on that journey.

Kingfisher you have made the right descision get a job but also learn to trade, I bet you anything you like once you can make a living spending an hour or so a day trading the Daily timeframes you will wonder why you ever wanted to work for someone else.

When you learn to do it profitably trading is the ULTIMATE job for a stress free life. A very successful trader friend / mentor once told me "if you get stressed when trading you are doing it wrong".

Money management is king.

Good luck.
  • #54
  • Nov 12, 2009 6:36am Nov 12, 2009 6:36am
Make the minimum PIPs you're targeting for each day and then call it quits, and enjoy the rest of the day. Trading does not mean you have to sit there all day not unless you have a hard time making the right calls....
  • #55
  • Nov 12, 2009 7:00am Nov 12, 2009 7:00am
Quoting jag1966
The flexability that trading fulltime from home is awesome. Laptops, mobile internet connections and my new dayvan equiped with every home comfort mean I don't even stay at home to trade.

Beaches, mountains, lakes have recently become my office and it is truly amazing.

It took me three years hard slog to become consistently profitable but boy was it worth it. Made every mistake possible on that journey.

Kingfisher you have made the right descision get a job but also learn to trade, I bet you anything you like once you can make a living spending...
You have got it all set up the same as me. Free as a bird. Way to go.
  • #56
  • Nov 12, 2009 10:39am Nov 12, 2009 10:39am
kingfisher, good luck with work. Having only 20 vacation days a year is probably the most soul crushing thing ever. And 20 vacation days a year is above average for Americans (I see you are from Dubai, I hope you get more).

I work to live, not live to work, and working as an office grunt (I've been working for a year, graduated uni in 2008) is unbelievably depressing when you consider that you have to wake up at 7AM five days a week, you have to do what your bosses tell you, you will spend the majority of your waking life at work. And what is your respite? Two nights before you are back to the daily grind in which you answer to everyone but yourself.

Like some have said, to each his own, but few careers offer even a fraction of the freedom to do what you want as trading does.
  • #57
  • Nov 12, 2009 10:54am Nov 12, 2009 10:54am
There are different type of professions with different degrees of freedom....
money without any responsibility is rare except when ur a born royal....
but some professions have more degrees of freedom, say a Hollywood star.....one movie , then a long vacation, a politician -- few years of work, rest of life enjoyment, an world class sportsman/athlete -- few years play, then vacation...more or less comparable to trading
Its the mediocre job holders who suffer the most------ all boss, and only loss....pay wise, freedom wise, leave wise , u name them all......

A business of my own--- lot of freedom only when it becomes successful...
similarly in trading --- its a high risk field, but then the rewards are befitting...like in rodeo, F1 racing, boxing etc....unlimited freedom

But now a days work from home has come in vogue for a few professions, they are mostly pink collar jobs....still they are not that free
Only thing about jobs is that they provide the security or is it?
What happened during the last global meltdown, many companies were wiped out, many lost jobs, many lost their careers etc....the so called safe haven is not existence anymore....
so why not consider trading full time.......and be free for life
luv to loose.....
  • #58
  • Nov 12, 2009 11:40am Nov 12, 2009 11:40am
Quoting kingfisher
I have been trading for last 3 weeks live. I am a student trying to become an internal auditor. I feel service career is more satisfying then a trading career.

I am trading all alone in my room sitting in front of my PC for 8-10 hrs a day. Trading does not involve any social skills, no friendship circle (like office friends), no value addition, no career skills.

In a service career, i will interact with so many office friends, will have a well defined career, can visit different places for assignments and will have overall satisfaction and better...
speak for yourself I dont want to serve others ... my trading is my life its the only thing im allowed to do... Ive applied for navy, air force, army, marines. denied denied denied denied... completely trashed my credit signing for loans for myself to go to a semi-good school working 3 jobs to pay for room board food bills and books for 4 years..and all i got is this double major in finance and philosophy with 30k in debt to show for it when people with 15 years of experience in finance cant find jobs besides burger king. im not even dumb i have a 1450 on my sats. 98 on my asvab scored near perfect on the nuclear propulsion test in navy testing lab. nearing my 7th year trading ive opened my own firm I trade managed funds that contains 60% of my own and 40% from investors... and if they get whiny about something or they call me complaining about anything that isnt my fault or they are gonna be #$% when their accounts are only up 2% but the whole market is down 40% I let them go... I tell them about themselves... where they can go ... and how they can get there.
  • #59
  • Nov 12, 2009 12:27pm Nov 12, 2009 12:27pm
Quoting domino
speak for yourself I dont want to serve others ... my trading is my life its the only thing im allowed to do... Ive applied for navy, air force, army, marines. denied denied denied denied... completely trashed my credit signing for loans for myself to go to a semi-good school working 3 jobs to pay for room board food bills and books for 4 years..and all i got is this double major in finance and philosophy with 30k in...
haha i sounded angry it wasnt ment like that .. its just i feel like everything up to this point pushed me to be what I am .. and through sheer determination I am successful and I wouldnt give it up for anything.
  • #60
  • Nov 12, 2009 4:35pm Nov 12, 2009 4:35pm
Quoting novicetrader
But now a days work from home has come in vogue for a few professions, they are mostly pink collar jobs....still they are not that free
Only thing about jobs is that they provide the security or is it?
What happened during the last global meltdown, many companies were wiped out, many lost jobs, many lost their careers etc....the so called safe haven is not existence anymore....
so why not consider trading full time.......and be free for life
I havent heard that term before. What is a pink collar job? Are they working from home type s of jobs?
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