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KK
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« on: June 08, 2007, 06:09:00 PM » |
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dear all, any comment on trading for living? i'm not really have the drive in current job. much much enjoy doing analysis and learning in such field. thinking of quit and start full time trading 
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A Novice Trader Who is On The Journey Towards Success
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smallcap
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« Reply #1 on: June 08, 2007, 06:18:46 PM » |
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This topic seem duplicate leh...
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High Risk High Return
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Maxforce
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« Reply #2 on: June 08, 2007, 06:32:40 PM » |
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Yeah but what the hell... I m on the verge of tendering my resignation anyways  I think its possible. Easier if trade futures for a living as opposed to stocks I think - simply because you can long and short. But one thing for sure, I am still a better analyst than a trader. That said, need to work on both departments as they are still interrelated
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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Sciencegto
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« Reply #3 on: June 08, 2007, 07:08:58 PM » |
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I also hope can be full time trader in next 5-10 year. Still lot to learn and gain experience:-)
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Thief Trader Level 12.... 88+ to go..
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smallcap
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« Reply #4 on: June 08, 2007, 10:56:28 PM » |
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I don't think i will be a full-time trader as i don't trade Futures but only in Stock Market.
As we all know that, stock market not everyday Sunday, suppose to say that most of the times are not Sunday. Especially when consolidating or downtrend, we not only can't earn any single cent, but we even can lost our living expense. Unlike Futures Market, up or down also got the chance to make money if u have well preparation.
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High Risk High Return
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KK
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« Reply #5 on: June 11, 2007, 04:14:22 PM » |
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Yeah but what the hell... I m on the verge of tendering my resignation anyways  I think its possible. Easier if trade futures for a living as opposed to stocks I think - simply because you can long and short. But one thing for sure, I am still a better analyst than a trader. That said, need to work on both departments as they are still interrelated work on both department? what's your current job? it's better if i can get a position in securities firm as the operation thr will be much different,as i heard. currently i think i'm still lack of capital and knowledge... trade Futures is much tougher than stock right? i even don't know how to trade Futures
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A Novice Trader Who is On The Journey Towards Success
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Maxforce
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« Reply #6 on: June 11, 2007, 04:20:45 PM » |
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Thats an alternative also. I may go for the Futures Broker License, then maybe become FBR (Futures Broker Representative) Definitely if get a job in securities firm will be the safer route. Current job? I m an accountant. Capital and knowledge? Well, can be build over time. Rome isn't built in a day, enjoy the journey
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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smallcap
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« Reply #7 on: June 11, 2007, 05:11:52 PM » |
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Slow slow la KK, don't pressure urself, u must enjoying the journey, just like me, start from "smallcap" mah 
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High Risk High Return
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Sciencegto
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« Reply #8 on: June 11, 2007, 05:23:02 PM » |
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I think me more "smallcap" loh, using my 12k only to invest. 
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Thief Trader Level 12.... 88+ to go..
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Maxforce
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« Reply #9 on: June 11, 2007, 05:56:00 PM » |
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When I first started, it was RM2K. Must be the least here 
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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KK
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« Reply #10 on: June 11, 2007, 06:03:27 PM » |
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haha.... i also start with RM 2k...  still in stage 1 
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A Novice Trader Who is On The Journey Towards Success
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Maxforce
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« Reply #11 on: June 11, 2007, 06:20:56 PM » |
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Dont worry, keep learning, reach high high  I also learning, still trying to reach high high 
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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Sciencegto
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« Reply #12 on: June 11, 2007, 07:12:55 PM » |
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When I first started, it was RM2K. Must be the least here  Woh, really meh? if so, not many shares we can buy and gain profit isn't it? Because of trading limit given by remisier  At first I only put 1k in my CDS, and seem cant buy more than that. 1st stock I buy was SANBUMI at 0.86 and cost me RM873.53  ...few hundred left woo Then I take a bank loan, and put all then money into CDS..  I know its not a wise way..but I just want to increase my trading limit only..still buying in small amount. Low risk Low gain 
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Thief Trader Level 12.... 88+ to go..
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Maxforce
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« Reply #13 on: June 11, 2007, 07:15:01 PM » |
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Really one. But my remisier dont put limit. Dont understand why must have money then can play? Maybe your remisier got problem with the securities company, else, should not have limit like that.
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"Ren fa di, di fa tian, tian fa tao, tao fa zi ran"
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smallcap
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« Reply #14 on: June 11, 2007, 10:06:29 PM » |
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If not mistaken, my first trading was 2000 shares of MUIIND, cost me RM600+, then earned RM40+, haha... that was about 8 years ago, but make money in the first trading always not a good sight, after that lost more than earn...
Then i increase the capital by pump in a partial of my salary, then getting experience from here and there... and since 2-3 years ago, making money more than lost after i changed my trading strategies.
Hmm... i think for those independent remisiers, they will always give clients more trading limit unlike the remisier who working under securities firm, they only base on the equity or cash in ur trading account to give u trading limit.
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High Risk High Return
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