Job ideas wanted

Re: job ideas wanted
the most effective and efficient way is to broaden the range of markets you trade.

I trade all thw majors.I have listed the reasons why I want a small part time job from home.Its not really anything to do with money.Its in the mind. I am now a proftable trader but am trying not to have pressure on me
 
LOL there are 16 people on this thread and only 4 on the live call forex thread where I have just called the top in gbp (hopefully) and where there are others showing there methods and skills.

THE MIND BOGGLES
 
well thanks for all the great genuine ideas. Is there any chance of anyone being sensible
ODT can I sell you systems
Mr charts can I promote your training course
Shall I go to the dark side and become a mentor
Shall I do a Shakone said and sell signals

Barjon,why isnt there a part time job section on this site?

Great choices
 
I trade all thw majors.I have listed the reasons why I want a small part time job from home.Its not really anything to do with money.Its in the mind. I am now a proftable trader but am trying not to have pressure on me

that's true. I try cooking and that's theraputic ;)
 
Flash, nothing wrong with more than one income source for peace of mind if nothing else. I personally know two local to me IFA's who are also landlords and traders (mostly swing or position trading though).

Other possibilities include some kind of internet business, hard though as its saturated in most areas. Find a niche, create your own site and investigate google adwords, Amazon Ebay to drive traffic to your own site (not as easy as it used to be due to clampdowns).

Good thinking though, not everyone is suited to total reliance on trading - mostly due to the "what if" hideous drawdown or wipeout which can happen to anyone, usually when over confidence and complacency sets in.
 
I know others have said it, but if you can do a job that is anything other than noise in your trading income you should probably do that job full time and give up trading for now. The latter is far more rewarding than the former.

If it's the volatility that's killing you rather than actual profits then may I suggest you find another trader, or perhaps a group of them, that are willing to form a consortium to share PnL? This is fairly common* and is a good way of smoothing results...

Also, I dunno what you're trading, but anything other than very volatile things you're going to have to do more than £20pp to live off...

*Not just common amongst traders. It's exceptionally common amongst pro gamblers as well. Usually referred to as hedging but not sure I want to call it that here for obvious reasons.
 
I know others have said it, but if you can do a job that is anything other than noise in your trading income you should probably do that job full time and give up trading for now. The latter is far more rewarding than the former.

If it's the volatility that's killing you rather than actual profits then may I suggest you find another trader, or perhaps a group of them, that are willing to form a consortium to share PnL? This is fairly common* and is a good way of smoothing results...

Also, I dunno what you're trading, but anything other than very volatile things you're going to have to do more than £20pp to live off...

.

A couple of things; firstly folk have this idea that they'll eventually pull in an extra 30K swing/position trading part time, then tell the boss to do one...Even better, why not just carry on carrying on, pull in the extra 30K and carry on doing the job..? I don't quite *get* that one..

Btw, 100 pips per week should ge givng him 2K tax free (spread betting). Not sure if that doesn't go too far down in the smoke Dave, but up here in the cold North 2 grand a week ain't a bad wedge..;)
 
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2k tax free is perfectly fine; the issue is the smoothness... if he has bills to pay and so on he probably isn't happy with that 2k being 16k every 8 weeks. Particularly when you think that he has to withdraw from trading account to pay himself and so that goes down as well, if you see what I mean...

P.S. To live in london you need pleasantly you need 50k/year, absolute minimum. My fixed costs are £72k a year and I live fairly frugally. One reason I intend to return to the north in the not too distance future :D

P.P.S. And no amount of money will replicate the natural beauty of Scotland...
 
2k tax free is perfectly fine; the issue is the smoothness... if he has bills to pay and so on he probably isn't happy with that 2k being 16k every 8 weeks. Particularly when you think that he has to withdraw from trading account to pay himself and so that goes down as well, if you see what I mean...

P.S. To live in london you need pleasantly you need 50k/year, absolute minimum. My fixed costs are £72k a year and I live fairly frugally. One reason I intend to return to the north in the not too distance future :D

P.P.S. And no amount of money will replicate the natural beauty of Scotland...

But your fixed costs include your: dealers, escorts, snuff movies, props and your..ahem..clothes..:D
 
But your fixed costs include your: dealers, escorts, snuff movies, props and your..ahem..clothes..:D

:LOL: don't forget the cost of the crack arabian was smoking when he told splitlink the following :LOL:

You can think of the market as a whole as one organism if you want... it's quite an interesting thought when you take it to its extremes... try it and then think about the stop thing ;)
 
Could move to a cheaper to live area like:-

The Bogside

Glasgow

or even

sunny Cornwall

?
 
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