Is keeping current a concern for you?

[Moscow Mule]

I've spent my entire career working on the platform that just won't die (iSeries).

I'm not particularly worried...

[suityou01]

God, that sounds even more dangerous.

What statistical analysis would have predicted the E coli outbreak if you were dabbling in cucumber or bean sprout futures?

Whereas a fly by seat of pants day trader would have smelt it coming.

[MarillionFan]

Whereas a fly by seat of pants day trader would have smelt it coming.

Fly by night day traders don't eat salads. Lunch is for wimps.

[suityou01]

Fly by night day traders don't eat salads. Lunch is for wimps.

Nicoise salad again today is it?

[MarillionFan]

Oh yesssss.



Depends if you're not working out of choice.

Not working when you want work is a real PITA.

Especially as the warchest empties.

Contracting is a pain in the ass to be honest. I think it strips away your drive to succeed in other areas. Contractors are more dynamic and entrepenurial than permies, but then the higher returns, flexibility and ease of access
to work make it far too easy. Kills your drive in my opinion.

[doodab]

I've never had the time or capital for day trading but I made and lost several tens of thousands in the dot com frenzy.

Overall I made more money at online poker, once I learnt to stick to the low value tables and play the numbers. It's a lot of effort for not much reward though.

Both of these are very competitive , and quite risky, so although there are a few people who do very well most people don't. I am of the opinion that it's better to seek out a less competitive niche because it's easier to make money at it.

Personally I don't bother with get rich quick schemes any more, I would rather channel my efforts into making something I can sell & grow that into something that provides a living & generates a bit of surplus for long term value investments.

[fullyautomatix]

I work over weekends charging 15 dolla to fix computers. It will make me a millionaire.

[russell]

I've never had the time or capital for day trading but I made and lost several tens of thousands in the dot com frenzy.

Overall I made more money at online poker, once I learnt to stick to the low value tables and play the numbers. It's a lot of effort for not much reward though.

Both of these are very competitive , and quite risky, so although there are a few people who do very well most people don't. I am of the opinion that it's better to seek out a less competitive niche because it's easier to make money at it.

Personally I don't bother with get rich quick schemes any more, I would rather channel my efforts into making something I can sell & grow that into something that provides a living & generates a bit of surplus for long term value investments.

You show lack of ambition and are petrified of being competitive, for that reason doodab I can't see you working as business partner with me.

You're fired.

[d000hg]

I know what you mean, however I sometimes wonder if not working might become boring, saying that I have always wanted to day trade full time.

Not a problem for you, you're boring already.

[doodab]

You show lack of ambition and are petrified of being competitive, for that reason doodab I can't see you working as business partner with me.

You're fired.

I have no desire to partner with you. You would be a liability.