Making Money the Hard Way?
A lot of people thing that being a trader is an easy life. Yes it’s true we knock off early – well those of us in the Eastern markets too- but we get up very early as well. I have been in the business for four years and I have rarely had the luxury of going to bed later than about 11pm because I am usually out of the door and on my way to work at 5am. One of the things that I like about trading though is the buzz that you get when a deal goes really well. It’s a job of ups and downs and in one day you can have a crippling loss but then make it all back with lots of interest on a completely separate deal. For that reason, it’s not for everyone. I challenged some of my friends to give it a go and find out if they thought it was an easy life after all. We had heard a lot about a knowledge to action scam. That’s how people were talking about it but what they actually meant was that you could literally learn how to make money from trading in a quick amount of time. My friends signed up for a course and got ready to learn. They went on a very interactive day of trading where the CEO of Knowledge to action was there to give tips. They all had a brilliant laugh. Apparently the chap in charge is really good fun and seems to certainly know his stuff. After the day’s training I put them through a few tests and then I asked them all about their experience. They all agreed that it wasn’t a knowledge to action scam and whoever was calling that was either thick or a sore loser. They had all lost money in the first half of the day but managed to more or less break even by the end which is not a bad start. They all said that it seemed like a stressful way to spend every day in the office though and that although it was a buzz for one day, they’d leave it up to me to get out of bed at 430 every morning from now on!
