forex careers?

Hi there!

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I have a small question I would like to ask someone familiar with the forex business. Since I do not know anyone with those skills I decide to ask you guys. Hope you can help me out!

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I just finish my studies and I was offered a position to work (sort of assistant position) for a online forex company. My studies were done in a completely different field, however they will (supposedly) teach me the in side outs of the business.

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Do you guys think working in a online forex company is a good career option? Are there opportunities to grow? Or what is the “typical” career path taken for a regular guy? Is there anything I should know about this field? And where could I work in the future?

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I hope you guys could give me some leads.

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Thanks in advance for you help

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Jay B.

Hey, how are u? My names mike and im new to forex too. Ill tell you though, the sky is the limit man. I dont know anything about being in the actual business, but being a normal trader, you can do great. Good luck with your job proposition.

Does the job sound like fun to YOU? Something that will pump you up in the morning? If not, don't take it. Nothing worse than being stiffled in a job because you think it will be good for your career. That's a career killer.

Squid

Seriously, you should work at the company, learn everything that you possibly can, hone your skills and meet as many good traders as you can there. Then get focused on being an amazing trader consistantly. Trade a lot. My friend, if you focused at read key books in order you would be working there for a few months and on your way to being a multimillionaire.

Thats the best advice anyone could ever give you man. You need to think bigger

Hi guys!

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Thank you so much for your comments to my post. I really need good advice before I decide to change fields and take this job offer. Unfortunately I have no one to recur too, so thank you A LOT!!

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Having just finished my degree I had a career path pretty much outlined in my head. Now I received this offer and it kind of rocked my world.

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The job would be pretty basic in the beginning, and it would not involve trading at all. But since I’m new to forex they would need to train me. And the guy who interviewed me did say that there were good possibilities to grow.
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The problem is that I don’t know what this means! What could I evolve into? a trader? and what’s a normal day in a trader’s life (working at an online forex trading company)? Do you spend 24/7 in front of the computer? and are you stressed all the time and have no time for your wife and kids? Or that happens just in the first few years??? Will you be able to have a better life style later in the career??

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These are just some of the questions I‘m being assaulted all the time since I got this job offer.

I think it might be a really good chance. For a guy like me, might even be a once in a life time thing, and I am really tempted to take the offer. However I have in my hand another offer in my field that pays ~30 % better in this stage of the career, and I find myself pretty much torn between these two options.

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Guys, thank really a lot for your comments. And if you have any advice please don’t hesitate to reply to this post!!!

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Jay B.

JayB you are new to forex but there is really no one way to live with it in your life. Some people do spend a lot of hours at their keyboard.

1. Growth - You need so badly to understand something about forex. You have another way to make 30% more. Great, but if you do the right things in forex you are going to be 10 000% richer over the next few years.

This growth will all come from your personal trading account. Working at an online forex company, you might be doing customer service, computer maintainance or whatever specialized job. Perhaps you will make a lot of good coin there, but there is no way they can offer you growth like it is possible in your forex account, which is potentially infinite. Perhaps you should look up this spreadsheet which explains how money management works and what you can make

http://leftbraintrading.com/Download...calculator.xls

2. Time in front of your computer. To a lot of people, the life you can live trading currency seems too good to be true, it's not. It can be challenging, but you only really need anywhere from minutes to a few hours each day to trade profitably enough to trade for a living. And with the right mindset its not stressful. then you can takek the wife and kids with you to fiji, and place trades while you are in the hotel. It can and will be this good for you if you take your time and learn this properly.

3. Man you have no idea... Forget the job, forex is the chance of lifetime. Most people have no idea what it is, and now you have come across it and come across this excellent forum. Once I became an enlightened trader, I felt like I had just won the lottery. It is the best thing that has ever happened to you.

4.Life as a Trader Life as a trader trading other peoples money can be stressful according to the people i've talked to and read from. Ive never done it. In any case, managing money is only as stressful as you make it, but it would be much smarter to trade for yourself imo.

Life in forex can be the most relaxing, rewarding, financially rewarding thing in the world. Take the job learn everything you can from it, and quit after while and become a full-time trader. Man you have no idea right now how hard it can be for some people but how rewarding forex can be.

Any more questions i didnt answer? maybe someone invovled in forex companies themsevles needs to answer ya


Do the math if you make 85% wins and your winners are twice as big as your losers and you risk 10% of your capital each trade. (beginners risk 1-3 percent)

Now that I know what FOREX is about I would take the job based on what my needs are. I am not sure what they are training you for but I knew one guy who was working for a big bank and they sned him to a FOREX training seminar that would normally cost 5K or more and he learned FOREX, traded for the bank for sometime and when he realized what he had he left the job and became a day trader at home. Now he is doing really well for himself. Assuming you are saying that they will train you on how to trade FOREX and then you become a succesful trader for the company this could be the opportunity of a lifetime for you if you would be ineterested in becoming a day trader for yourself.

If you don't mind telling what was the field you studied for?

how are u
you can make forex business if u have sufficence knowledge

yagnesh_1961

jb7777,

For whats its worth, sounds to me like you did not ask the right questions at your interview.

If you desire to trade at some point in the future, working for a bucketshop will pull back the veil and allow you to see how they operate. If you have never considered trading as an option and have no desire, this would be of little help.

There are backroom operations, information tech, and customer service positons that are common to most brokers for "entry level positons." If your field of study is not accounting or computers, that leaves customer service. Have mercy on your soul if this is the case, you'll have people whining at you all day long.

Just my 2 cents.

xt

caveat: this poster does not endorse nor approve of the use of hyperlinks in his posts that he did not put there. click them at your own peril.

I suggest you thoroughly check out this Internet trading company....are they registered with the NFA and CFTC. have there been complaints....

It could be a Good opportunity or you could be hanging your ass out for a good kick.
Just something to think about..