www.varchev.com

To leave your job as a trader - be careful what you wish for

Suit and Tie

Rating:

12345
Loading...

"My friend left the markets two years ago, he was one of the traders in my company, so we've known each other for a long time, and he managed to achieve what he set as a goal at the beginning of his career as a trader.What a lucky guy - or so I thought. "

He ran away from the daily trading floor tests - with a full pension, a zero mortgage, and a few small investments. Now, only two years later, he returned to brokerage. Why?

I met Rob for lunch a few days ago to make up for the lost time. It is always difficult when a friend leaves the market. It just does not have the same intimacy of being together in the trenches, not to mention the obvious lack of geographic proximity. It's just the system itself - when someone leaves the job, he leaves your life.

Anyway, like the ex-trader he was, he was slightly cautious about his plans and something was not right. Why did not you talk about intraday trading from home or investing in real estate?

Rob is about 50, like me and qualified for pension at two firms. I doubt there was not at least one pro trader who did not envy Rob's prospects. He left us alone in the unfortunate markets that were totally swallowed by the fall of the euro, uncertainty about our jobs, and he managed to get out of it in 50 years, while the others seemed to be doomed to continue to retirement age.

I imagined Rob getting up in the morning, dressing up his silk shirt, making grass fresh coffee, and taking the newspaper from her porch while reviewing his positions on the new laptop. Then comes the pursuit of "business interests", some other lunch in the city and of course a lot of free time for golf and rides with his Porsche.

It turned out, however, that things did not stand this way.

Do you remember what it is when you are unemployed and looking for a job? Well, that's exactly what the early retirement looks like. Wake up and have no patience for the next meeting or lunch with someone. You continue to postpone house duties or vacations that you have planned simply because you have no motivation or energy to organize. (Rob told me he had managed to turn his focus back only for the last 3 weeks of his 2-year break when he knew he was starting a new job!)

This is an instructional story. Rob really missed the noise from the City, which he admits to being a drug. His companions were missing, and lunches and beer after work. He was missing making money, as well as the monthly salary. Mostly he lacked the feeling that he was part of something really big.

When you work here in the City, you may not think of it this way, but you really are part of something very massive, something that has an effect on the whole planet. I guess when you get to the kitchen in the morning and you get all this second hand on the TV you feel like you're on the bench. You feel more like a player when you are a PLAYER!

Picture: pixabay.com


 Trader Aleksandar Kumanov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy