Professional trader?

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spreadbetting
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Derek27 wrote:
Thu Dec 06, 2018 6:41 pm
We're all adults on here so I doubt anyone gets a boost or has a desire to portray themselves differently.
At the end of the day there's more than one way to interpret the adjective 'professional' so it will simply come down to how someone wishes to portray themselves if they call themselves a pro.

It can either be taken to differentiate that you're trading as a profession i.e. your main source of income, much the same as you'd separate professional footballers and amateur footballers. Lots of people play football not many are pro's, not many people are plumbers so they rarely need to define themselves as a pro plumber/electrician etc. Or you use the adjective professional to imply you've excelled at trading, extremely competent and a cut above the crowd .
Trader Pat wrote:
Thu Dec 06, 2018 7:09 pm
.............but in my experience if you tell everyone who asks that you're a trader most of them will assume you're a just a gambler anyway so it wastes a lot of time to tell them otherwise.

I gave up trying to explain to people what I did a long time ago, always seem to be more trouble than it's worth especially if they want you to teach them :) I just say I work in an office if anyone asks usually it's less hassle.
Last edited by spreadbetting on Thu Dec 06, 2018 7:26 pm, edited 1 time in total.
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ruthlessimon
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Trader Pat wrote:
Thu Dec 06, 2018 7:09 pm
when somebody new comes around and they ask what I'm doing I just tell them I'm gambling, saves a lot of time.
That's bloody forthright - luv it :D !

But Nahhh, I could never be quite that blunt: "I'm working on an Excel project" or "voluntary data scientist" - far better, & people ask just as little questions!!

.. maybe once I'm up to philanthropist levels of profitability I'll go for the pro gambler title ;)
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Derek27
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Trader Pat wrote:
Thu Dec 06, 2018 7:09 pm
Everynow now and then when somebody new comes around and they ask what I'm doing and what the numbers mean I just tell them I'm gambling, saves a lot of time.
One of the most insulting things anyone has ever said to me was when a mate called round, saw the market grid on my screen and said: "That looks like bingo"! :evil: :lol:
Trader Pat
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ruthlessimon wrote:
Thu Dec 06, 2018 7:25 pm
.. maybe once I'm up to philanthropist levels of profitability I'll go for the pro gambler title ;)
My levels of profitablilty are far from philanthropist :D

I'm pretty lucky though in that I work full time but its shift work and I'm a supervisor so I'm responsible for doing the roster... I give myself the night shifts which is only 8 hours but everyone thinks I'm doing them a favour when in fact working 10pm-6am means I can get some sleep and still trade, result :)
Trader Pat
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Derek27 wrote:
Thu Dec 06, 2018 7:33 pm
Trader Pat wrote:
Thu Dec 06, 2018 7:09 pm
Everynow now and then when somebody new comes around and they ask what I'm doing and what the numbers mean I just tell them I'm gambling, saves a lot of time.
One of the most insulting things anyone has ever said to me was when a mate called round, saw the market grid on my screen and said: "That looks like bingo"! :evil: :lol:
Ouch :D
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ShaunWhite
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My go to reply to the job question seems to have settled into 'oh I'm just one of those boring types who sit at home and makes money on their computer". If they want to know more they'll get more, but tbh when most people ask what job you do they rarely actually care. It's just a conversational tick.

The other variety of "The job question" is a peculiarly male phenomenon, it's basically a primitive instinct to establish social rank. Women don't seem to ask people about jobs in the first 10s like men often do. If I sense it's one of those types of people I'm deliberately obtuse and evasive, "I've got lots of business interests" is the nearest they'll get and to be fair that's probably the most accurate description anyway. People with class usually downplay what they do, it's the wannabes that want to sound special.
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PDC
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Off topic some what but one thing I nearly always find when people do ask a bit more about what I do is that they always ask how much money I make doing it. People seem fine to ask how much I make because of what I do but wouldn't dream of asking anyone in a 'normal' job how much they make.

Do others find this happens?

My stock reply is, how much do you make and I will tell you if it is higher or lower than that, I have never had someone answer me with how much they make.

Just seems peculiar that people think it is fine to ask but would never dream of doing so normally.
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Naffman
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Agreed PDC, I just say 'enough' and it ends there
george
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Well personally i do not consider trading gambling in any way , gamblers wishing for good luck but traders dont need luck they just follow a pattern that works and doing the same thing over and over again doesnt matter the individual result of the market u trade as long as at the end of the day the end of the week, the end of the month or the end of the year u are in profit , its just a skill that some people get it and some dont.

trading sports its a job and a very rewarding one if u ask me
spreadbetting
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PDC wrote:
Fri Dec 07, 2018 11:34 am
Off topic some what but one thing I nearly always find when people do ask a bit more about what I do is that they always ask how much money I make doing it. People seem fine to ask how much I make because of what I do but wouldn't dream of asking anyone in a 'normal' job how much they make.

Do others find this happens?

My stock reply is, how much do you make and I will tell you if it is higher or lower than that, I have never had someone answer me with how much they make.

Just seems peculiar that people think it is fine to ask but would never dream of doing so normally.
Can't blame people for being inquisitive , it's not like a normal profession where you could make a decent guess to how much a bus driver, doctor etc earns . Even I'd like to know what income I need to move from being a full time trader to pro trader.
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Derek27
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PDC wrote:
Fri Dec 07, 2018 11:34 am
Off topic some what but one thing I nearly always find when people do ask a bit more about what I do is that they always ask how much money I make doing it. People seem fine to ask how much I make because of what I do but wouldn't dream of asking anyone in a 'normal' job how much they make.

Do others find this happens?
Just a couple of times. It would be understandable if you said you successfully gamble as a hobby for somebody to inquire how much you make (the stereotypical gambler boasts about his winnings) but it's outrageous to ask anyone how much they make for a living, whatever they're doing.
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Derek27
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george wrote:
Fri Dec 07, 2018 2:14 pm
Well personally i do not consider trading gambling in any way , gamblers wishing for good luck but traders dont need luck ...
You're way off the mark George. Betting is all about judging what chance a horse has so you can spot the overpriced horses, thus, they rely on good judgement rather than luck, although this is a very well worn discussion on here.
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jimibt
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Derek27 wrote:
Fri Dec 07, 2018 5:14 pm
PDC wrote:
Fri Dec 07, 2018 11:34 am
Off topic some what but one thing I nearly always find when people do ask a bit more about what I do is that they always ask how much money I make doing it. People seem fine to ask how much I make because of what I do but wouldn't dream of asking anyone in a 'normal' job how much they make.

Do others find this happens?
Just a couple of times. It would be understandable if you said you successfully gamble as a hobby for somebody to inquire how much you make (the stereotypical gambler boasts about his winnings) but it's outrageous to ask anyone how much they make for a living, whatever they're doing.
this reminds me of the story from many years ago when a sex worker claimed for loss of earnings after doing jury service for 10 days. she claimed that she'd lost £4k in earnings. the swift minded judge said, no problem, just send me last years' tax return and we'll pro rate your losses...

apparently, that ended the matter there and then.
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Derek27
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Have to admire her bottle, to say that to a judge. :)
weemac
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Maybe she wasn't a "professional".
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