4 ms·
yes :) edit: think I should follow up with a comment/question I ask myself alot. Is all the work/time worth it? In my case, I'd say yes, because I've always
by jxm262 6y ago
yes :)
edit: think I should follow up with a comment/question I ask myself alot. Is all the work/time worth it? In my case, I'd say yes, because I've always had an interest in finance and literally would be reading + working with markets on the side for fun anyway. If I think of all the effort poured into this vs say working for some large tech company... I'd probably say just go work the high paying tech job. Obviously you can make money in the markets, but the tradeoff for keeping your sanity is a very real question you have to ask yourself.
- pmiller2 6y agoVery cool. It sounds like you're basically treating this as a profitable hobby. How much alpha are you achieving, and how many hours a week would you say you put into it? Are you trading equities only or options and other derivatives as well?
- jxm262 6y agoit's definitely more than a side hobby. I probably put about 20 hours/week while also working 40 hours my normal work. I've also had stints where I worked on trading full time (6 months+ stretch). That's why I sent my follow up comment on "is it worth it". If your serious about trading, you need to understand the level of commitment. Also add the stress levels from when you inevitably hit bumps in the road (my large loss was a huge damage to my psyche at the time). It's not for everyone. To answer your question, I started in equities but moved to commodity and index futures/options.