College Grad Looking to Make as a Trader | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The College Trader 683 replies

Forex Without a Job (College/Uni Student) 35 replies

College Major for an FX Trader? 84 replies

Education help? Major and College Qs 5 replies

Attachments: College Grad Looking to Make as a Trader
Exit Attachments

College Grad Looking to Make as a Trader

  • #61
  • Mar 26, 2011 2:16am Mar 26, 2011 2:16am
Quoting Traderlarry
I believe that he should aquire skills for a "traditional" job first so that he has something to rely on if trading doesn't work out, and that's just very likely.
Trading is surely the second oldest profession and has been prevalent throughout recorded history. It doesn't get much more traditional than that.
Quote
Normally, you go to medical school, become a doctor and do this fo the rest of your life...or you learn to cut hair and become a hair dresser, whatever...I have not heard that 95% of hair dressers fail at running a barber's shop or that 90% of doctors go broke in the long run.
Most of those doctors and hairdressers aren't running their own business. Small business has a high rate of failure.

Quote
Trading skills cannot be used outside trading ( " look, I drew a resistance line, oh look, the MACD just topped").
Who could take such a comment seriously?

Quote
What's wrong with studying the markets in the evenings, weekends, using playback to sim trade first. Then, if he wants to get seious, he can trade the Asian/European markets in the evenings/ during the night.
It may be severely restrictive.

Quote
As for trading skills being transferable...I don't believe it one minute. Most failed traders/layed off traders will be happy to drive a taxi or get a job in a bar.
Perhaps these failed traders never developed much skill, if any at all, which is why they failed. They had no skill to transfer!

Quoting IanMH
I must admit I’ve been so focused on succeeding in this goal for so long
Not as long as you think - you're only 21. You may not realise it now, but in a decade you will realise how young you were, and how little you knew.
  • #62
  • Last Post: Mar 26, 2011 4:41am Mar 26, 2011 4:41am
What a bunch of bs.
0 traders viewing now