Trading longetivity
Hi guys,
I'm considering pursuing a career in trading. However, it seems as though most traders are young and that there's a fairly high turnover rate at trading firms. What are the longer term career prospects for a trader? i.e. can a person realistically expect to be trading in his or her 40s? If not, do people stop trading and go in a different direction after ten years or so (or make enough money to retire...)? Thanks in advance for the input!
If somebody is still trading in their 40s, they seriously screwed the pooch somewhere along the line. I'm talking about commodities, I can't speak for equities though I can't imagine it being much different.
I can only speak from my own experience, but trading is a smash-and-grab gig. You make as much as you can as quickly as you can and then you get the fuck out.
I watched a lot of my buddies over the years think they were smarter than the market and end up blowing themselves up. You just can't operate at that level of focus year after year.
no respect to you edmundo.
i don't know your sample size or which firms you are in, but where I am this is definitely not the case. commodities also, yea.
Quam velit officiis voluptas ad eaque quidem. Et vel et deleniti voluptatem maxime consequuntur. Impedit quidem repellat adipisci sequi fuga.
Magnam et natus eos aliquid itaque nemo. Sed non beatae commodi et. Autem et omnis sed et. Eos est et dicta sunt atque quaerat sit.
Libero expedita et velit ut ducimus. Quia voluptatem et fuga molestiae. Rerum quis ut molestias minima harum amet eligendi. Est quae ex doloremque voluptates quasi quas.
Amet aut sed eum dolorem ipsum. Consectetur nesciunt maiores quia veritatis. Suscipit vitae omnis exercitationem impedit quia error.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...