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Do you admit to being a trader?


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Do you admit to being a trader?

  #241 (permalink)
Johno1
Geelong Victoria
 
Posts: 113 since Jan 2015
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ThatManFromTexas View Post
Never underestimate the power of stupid people in large numbers....

My most common answers to "What do you do ...."

1. I'm a porn star....actually... it's just a "bit" part....

2. I don't do anything... and I don't start that until after lunch...

3. I haven't hit a lick at a snake since 1999....

4. Recruiting Manager for Hooter's ... Sorry...gotta go...so many applicants...so little time

5. I own a pole cleaning service for Strip Clubs...

6. I'm a "Go-Getter".... got the girlfriend a job... take her to work... and go get her....

7. I'm a contributing editor for futures.io (formerly BMT)...

8. I'm an Under Achievement Coach... if you're afraid of success... I teach you how to avoid it...

9. I hold seminars on how to make money holding seminars ...

10. I supply answers for day traders that don't want to admit they are day traders....


So answer 1. is just a small part. lol
Cheers John

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  #242 (permalink)
amarzec
Lansing, Michigan
 
Posts: 9 since May 2018
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redratsal View Post
I think because people accept things they can see or understand and with trading is always difficult to convince people that it is a job like anything else. Personally I think that in trading if you are good you have better chances to succeed whereas in starting a business if you are good is a necessary but not fundamental condition.



100% agree. I used to own the largest fly-fishing supplies business in the Upper-Midwest, and I always got weird looks when I tried explaining to people what I did. I started off telling them that I owned and import and export business, that led to me telling them that I designed/produced/sold fly-fishing flies, that then led to people telling me that I operated a third-world-Kenyan-sweatshop, that led me to defend myself saying that I paid for the livelihood of 18 Kenyans and their families, and that led me to say that I started the business as “Made in America;” however, Americans wanted too much money per hour, and didn’t understand my overhead, how business worked, nor did they care about my bottom line. I had to deal with this for seven years until the market became saturated, and I got out of the business to peruse trading and house flipping full-time.

Trading has been the same thing over again. I just tell people that “I’m a cattle/beef, and cash crop farmer” now. The family that I married into doesn’t believe that anything is a real job or business unless they are the ones doing it. They could be trading, and it would be considered a real business by the family; however, if I do it, I’m not a real trader, and they just tell everyone else in the family that I’m making it up, and just trading a simulator account. So, that’s why I just tell people that I farm now (even though I do raise about 300 head of beef on our feedlot) instead of telling people that I speculate /ZC, /XC, /ZS, /XK, /CL, and /ES.



Aaron M.
Proud Catholic
Proud Husband
Proud Father
Grain Trader
Feedlot Owner

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  #243 (permalink)
dolan
Manchester
 
Posts: 5 since Apr 2012
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I never admit to being a trader. In the past the first thing people usually say is something along the lines of "oh you'll have to teach me" or "i'll be coming to you for tips!"... yea right....

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Last Updated on June 3, 2018


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