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If you were offered one billion dollars to quit trading would you accept the deal?
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If you were offered one billion dollars to quit trading would you accept the deal?

  #11 (permalink)
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Take the money....and give alot of it away. Set up a foundation.

Mostly for Env causes,education,medicine and the welfare of children....all this all over the World.

Just call me mini Mr Gates.

John D. Rockefeller said over a hundred years,Lord why did you give me all this money? I just want a little more than I need.

http://en.wikipedia.org/wiki/Rockefeller_family

<<<<this is the only way I will get out of Pergatory,you know how many Wall street scum are down here?
Get me out of here.

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  #12 (permalink)
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Yes, and I would take up poker. No, I would not accept another billion to give that up too.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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Itchymoku View Post
Yes, what figure would you settle on?

IMHO, $10M would be suitable, don't want to be greedy.

...But I'd miss trading, regardless...

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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Itchymoku View Post
If you were offered one billion dollars to quit trading for life would you accept the deal?

This is a tough question that I've thought about recently because I consider trading as a lifestyle and an activity outside of it's money incentive. I'm curious how other people see trading.

I understand one billion dollars may be too stressful to deal with so the offer could stand at any amount less than that if desired.

You can't just sit on a billion. So you will have to trade it, invest it, put it to work some how.

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Reminds me of a joke my high school English teacher told me.

"Would you sleep with me for $100?"
"Hell no! Get away from me! You're disgusting!!"
"Would you sleep with me for $1,000,000?"
S/he hesitated, then blushed a bit.
"Aha! Now that we know what you are ... let's get down to negotiating the price!"


And hell yes I'd take the money and run. Even if trading's absence leaves a hole in your life, you can buy a big can of Fix-All with nine zeros.

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  #16 (permalink)
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Hi new here

Yes

Then i will write a trading book : " They gave me one billion to quit" .

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  #17 (permalink)
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I would buy about $500 million worth of well built apartment buildings in decent neighborhoods and expect anywhere beween 5% - 35% yearly return on my investment, and then buy about 100 mill in gold and silver coins to be securly tucked away and use the remaining $400 mill to build orphanages all over third world countrys.

And o yeah Id play a heck of alot of Texas Holdem

Quantismo

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No, I wouldn't.



Serious Side Q for @Anagami - Is Poker prevalent in Thailand?

SELF-EDIT:

Found an answer here:

http://usa.holdemrealmoney.com/thailand/

No need for an answer.


Last edited by iqgod; February 2nd, 2014 at 07:08 AM.
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  #19 (permalink)
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I heard a story once of a trader in the pit and he made 1 million dollars in a day.
He quit trading at the end of that day and all the other traders on the floor who also had big winnings, continued trading and lost their winnings. This seasoned trader who told this story said, that guy was smarter than the rest of us.

Personally, I like and love trading and it would be a complete head change for me.
I guess I would take the money and look to re-invent myself.
Probably, get into helping others but I would probably continue to trade in sim. LOL

Wishing you the best,

Rachel

PS Who I would help: set up college grants, help with education about GMO's, homeless, elderly, people living below poverty level, would buy property to grow organic food and provide jobs for farmers, build Green Living villages, also put some in Gold and silver. I have a cousin who is a multi millionare and he has someone who takes people's requests for help with anything. He has his guy check those in need out and if they are legit, he helps them. (My cousin does go to the Poker Tournaments. LOL) Would probalbly create jobs doing environmental clean up and if I wouldn't get myself on a hit list, look into funding alternative energy.


Last edited by Rachel; February 2nd, 2014 at 10:05 AM.
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  #20 (permalink)
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No

.
.
.

I would ask for more
(joking)

In the end one has to ask if this is the main goal - getting rich -, at first sight for sure. But it's also quite challenging so leaving all behind, all that was exciting, made gray hairs and lots of fun. Saying yes and taking the bucks would mean to look for a replacement of all this.

Either way, being rational, my answer would be Y.

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