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Do you admit to being a trader?


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Do you admit to being a trader?

  #191 (permalink)
 
WolfieWolf's Avatar
 WolfieWolf 
Charlottetown, Prince Edward Island
 
Experience: Advanced
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I still tell people that I run the Technology business in London. When people hear IT they usually lose interest immediately and think, "geek". I don't have it in me to tell anyone I'm a trader except of course close family. My mother's husband (not my father, they have only been married for 10 years) is a broker, not a broker like what we use, a traditional broker who manages investment portfolios and retirement funds, and I talk to him in depth about my trading but that's different, he has an interest and understands the business. And he actually has some really good insight. I showed him some stats recently and he made some very good observations about a couple of small changes that would significantly improve returns. Obviously he wasn't drilling down into specifics but it was good high level advice. I wouldn't expect to be able to have that kind of conversation with anyone else.

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  #192 (permalink)
 exptrader 
Washington, DC
 
Experience: Intermediate
Platform: thinkorswim
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This is a great thread.


lili View Post
Day-trading is considered "gambling", or "speculating", not "honest hard work".

I wonder if people who play poker for a living have the same questions about what they should call themselves?

I also like the "private hedge fund manager", or maybe I'll stick with "private investment manager" since people probably have a low opinion of hedge funds.

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  #193 (permalink)
matt44545
Davenport IA
 
Posts: 6 since Jan 2014
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I believe I'd tell friends and family I'm an IT consultant as programming is my day job and occasionally my side job.

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  #194 (permalink)
Rock Sexton
Scottsdale
 
Posts: 120 since Feb 2012
Thanks Given: 33
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Been looking for work to supplement my trading. A couple of the recruiters I've already spoken to are very gun shy about trying to place me for jobs. Each of them routinely citing how "unconventional" my resume has become with 4 years out of the work environment trading from home.

I wonder what level of damage I gave caused my potential future employment opportunities by having set out on this trading endeavor.

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  #195 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,041 since Dec 2013
Thanks Given: 4,375
Thanks Received: 10,192

I'm in Houston, when I say I'm an Energy Trader, people say "Do you know XYZ". City is full of energy traders.

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  #196 (permalink)
 
CRM5096's Avatar
 CRM5096 
Harrisburg pa
 
Experience: Intermediate
Platform: Tasty
Broker: Tasty Works
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Rock Sexton View Post
Been looking for work to supplement my trading. A couple of the recruiters I've already spoken to are very gun shy about trying to place me for jobs. Each of them routinely citing how "unconventional" my resume has become with 4 years out of the work environment trading from home.

I wonder what level of damage I gave caused my potential future employment opportunities by having set out on this trading endeavor.


I would remove "trading from home" or call it something else. Trading is a way of life only another trader would have a clue. I would think There are people out there who have been out of work for over 4 years .
Very dangerous putting your future in the hands of someone else like a recruiter when they cant even think enough to help you out with your resemee

Nothing so Impressive as Simplicity
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  #197 (permalink)
 
teamtc247's Avatar
 teamtc247 
Fairburn, Georgia
 
Experience: None
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I've mentioned it a few times. The typical response I get is, so you're a gambler. This use to mess with my mind, but not anymore. Being a trader is like anything else if you don't want to change your own oil you take it to an auto shop. If you don't want to give a moron your money to trade you trade it yourself. The other response I get is, it's to emotional and I hate when I get my my account balance every quarter, it's up and down and up and down. People think you need to be CFA or have a degree in finance or have 30 years in industry and if you have that you're not a gambler lol.

Process oriented goals #1.
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  #198 (permalink)
 
Brutus's Avatar
 Brutus 
Adelaide Australia
 
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CRM5096 View Post
I would remove "trading from home" or call it something else. T


I do not get any questions when I say I'm a "Private Equity Fund Manager". iqgod

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  #199 (permalink)
Rock Sexton
Scottsdale
 
Posts: 120 since Feb 2012
Thanks Given: 33
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CRM5096 View Post
I would remove "trading from home" or call it something else. Trading is a way of life only another trader would have a clue. I would think There are people out there who have been out of work for over 4 years .
Very dangerous putting your future in the hands of someone else like a recruiter when they cant even think enough to help you out with your resemee

Not just the recruiters though. Not really getting any bites from direct submissions to various employers.

I haven't been titling my positions as "trader". I've labeled it as "Equities Trader and Risk Manager". Perhaps I can change it to "Equities Analyst and Risk Manager".

What I'd really like to do is find work in the SEO industry. Everything I know about it is very similar to what we do as traders with the analytics and trend identifying. What I hate though, is that there seems to be absolutely no entry-level positions anywhere in this state for it.

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  #200 (permalink)
 
iqgod's Avatar
 iqgod 
Mumbai, India
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Brutus View Post
I do not get any questions when I say I'm a "Private Equity Fund Manager". iqgod

Or you can also get creative and say something like:

"I am an entrepreneur in the online space, generating gross annual revenues in the low six figures. I was also a consultant to other budding freelancers."

A professional sounding euphemism, but completely truthful. The last line only if you teach other traders!

The thing to remember is that you do not have to grovel in front of every Tom Dick and Harry about day trading, online trading or whatever.

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