Interesting Post,
I just cant get my head wrapped around some of the views on this thread.. they are alien to me....
Why oh why would some of you be so obsessed with what other people think about you in the context of trading?? After 5 minutes everyone is worried about themselves... get over it... Dont you guys (ok thats a bit general sorry) know the only reason for anyone disagreeing with the notion of a trader is ignorance ( and from the other side an overly sesnitive regard for other peoples sensibilities about you imo...pure and simple...
I would be compelled to stand tall with that statement secure in the intellectual & psychological challenge represented in mastering the markets. To me it is on a par with the best opportunities available for work and certainly not boringly mechanical as some have suggested elsewhere... once you master things the next step is to scale up and compound that success.. how can that be boring? Man.. is it me?....... I am proud to know that I want to trade full time and I know what it is like not to have very much money... living off biscuits and unable to afford cigarettes as a heavy smoker ( gee that was so painful.. I cried.... but it did eventually lead to my escape from that evil weed)..& anyone who has ever been broke will understand fully the need never ever to go back to that state again.... I also know what it is like to work for other people and I am flummoxed that anyone would deny what they actually do... Where is the pride?
I dont know of many other professions where the earning potential is unlimited provided you master the correct strategies and money management.... most jobs are charades for the uninitiated who learn after a lifetime of service that teamwork and career progression are tools of oppression created to stifle ambition and bring workers into line for the benefit of shareholders savvy enough to recognize the bigger picture... and most PAYE clones do not get it, have the inclination or the balls to take such measured risk....Governments would collapse without us, economies would falter quickly and PLCs would have almost no chance of growth without us.... Traders are the Gods of capitalism doing Adam Smiths good work to be a Trader is to ride on the glory of that intellectual powerhouse called Economics, to tame the beast upon which we dare ride bearback..... "errr.. what do you do?" I TRADE STOCKS FUTURES OPTIONS AND CURRENCY PAIRS IN VARIOUS FINANCIAL MARKETS... I AM A TRADER..... Wow.. how much more prestigious could you make it?... and some of you wish to hide from that? no way stuff em... I was contemplating a Harvard MBA just for the fun of it then realized huge % go straight into V enture Capaitalism/Investment Analysis/ Trading/Private equity and then I thought I already have a dammed Masters and Im bright but not much brighter than your average trader or indeed lovely people that frequent these boards... my point? Believe in yourself, dont be swayed by others who know less, earn less and dont posses the force of nature your already blessed with..
What is of more benefit to society a reasonably successful trader who makes a donation of £100K after 10 yrs in the markets or a person who spends thier time working in a regular job even for a charity earning 25K a year?????? Dont be fooled, its mostly about money!!! not always a shoulder to cry on.. for that religion has its place and proper medical or psychological assistance through Hospitals is the support solution.... but do we get better services by working for charities? Just because joe bloggs has a vision of how one should contribute and that voice in society is loud.. is it necessarily the correct one? .... Do me a favor.. The greatest gift (outside of ones immediate family) one can provide in my view is philanthropy but in order to excersize that gift you must acquire wealth... when we trade we provide liquidity to that machine so others also accelerate themselves to that ultimate goal.... We acquire in order to spend, and there is no greater gift to oneself than to give
Doctors, nurses, Politicians or agents of support and change do not efficiently supply thier services to society for free... this is a silly idealistic notion, although we do acknowledge the huge inequalities between countries that still allow huge contribution from individuals like students and Doctors that take some personal time out to assist on a micro-economic scale. I think on a macro-economic scale, some people need to reassess the whole notion of contribution and what it means with perhaps a broader understanding of the world and how it works from an economic veiw first in order to break those habits of learned thought drummed into us about contribution methods from an early age by a society which frankly has advanced into a completely different world since then..
People who tend to look down on Trading are the same idealists heard realing off comments like "Money cant by me love".... yeah right... try telling that to Robert Tchenguiz Anna Nicole-Smith .. its not an absolute but it sure helps to make everything go around... its the means by which society measures value.
Just my 2cents
Paul TRADER... and proud of it!
especially like this paragraph : most jobs are charades for the uninitiated who learn after a lifetime of service that teamwork and career progression are tools of oppression created to stifle ambition and bring workers into line for the benefit of shareholders savvy enough to recognize the bigger picture... and most PAYE clones do not get it, have the inclination or the balls to take such measured risk....Governments would collapse without us, economies would falter quickly and PLCs would have almost no chance of growth without us.... Traders are the Gods of capitalism doing Adam Smiths good work to be a Trader is to ride on the glory of that intellectual powerhouse called Economics, to tame the beast upon which we dare ride bearback.....
