forex careers?
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Thread: forex careers?

  1. #1
    Hi there!

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    I have a small question I want to ask someone familiar with the Foreign Exchange business. Since I do not know anybody with these abilities I choose to ask you guys. Hope that you can help me out!

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    I only finish my research and I had been offered a position to work (sort of assistant position) for a online Foreign Exchange company. My research were performed in a very different area, nevertheless they will (allegedly ) teach me the in side outs of the business enterprise.

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    Do you guys think operating in a online Foreign Exchange organization is a good career choice? Are there any opportunities to grow? Or what is the”typical” career path taken for a regular guy? Is there anything that I should know about this discipline? And where could I work later on?

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    I hope you guys could give me a few leads.

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    Thanks in advance for you help

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    Jay B.

  2. #2
    Does the job seem like fun? Something which can pump you up in the morning? If not, don't take it. Nothing worse than being stiffled at a job as you think it will be good for your career. That's a career killer.

  3. #3
    Seriously, you should work at the business, learn everything you possibly can, hone your skills and meet as many good traders as you can there. Get concentrated on having an amazing trader consistantly. Trade a lot. My friend, if you concentrated at read key books in order you'd be working for a couple of months and on your way to being a multimillionaire.

    Thats the best advice anybody can give you guy. You Have to think bigger

  4. #4
    Hi guys!

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    Thanks so much for your comments to my post. I truly want good information before I choose to change areas and choose this job offer. Unfortunately I don't have any one to recur too, so thank you A LOT!!

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    Having just completed my degree I had a career route pretty much outlined in my head. I received this deal and it sort of rocked my world.

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    The occupation would be quite basic at first, and it wouldn't entail trading at all. But because I am new to Currency Market they would need to train me. And also the guy who interviewed me did say that there were good possibilities to grow.
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    The issue is that I don't understand exactly what this means! What can I evolve ? a trader? And what is a normal day at a trader's life (working at an internet Currency Market trading company)? Can you invest 24/7 in the front of the pc? And are you stressed constantly and don't have any time for your spouse and children? Or that happens just from the first couple of years??? Are you going to manage to have a better life style later in the livelihood??

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    These are just a few of the questions I'm being attacked all the time because I got this job offer.

    I believe that it might be a great chance. For a guy like me, might even be a once in a life time , and I am really tempted to take the offer. But I have in my hand another offer within my field that pays ~30% better in this phase of the career, and I find myself pretty much torn between both of these options.

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    Guys, thank really a lot for your comments. And if you have any advice please don't hesitate to reply to this post!!!

    lt;ogt;lt;/ogt;

    Jay B.

  5. #5
    JayB you're new to forex but there is actually no 1 way to live with it in your life. Some individuals do invest a lot of hours in their computer keyboard.

    1. Growing - You need so badly to understand something about forex. You have another means to earn 30% more. Great, but if you do the right things in forex you're going to be 10 000% richer over the next few years.

    This growth will come from the own personal trading account. Working at an online forex provider, you may be doing customer support, computer maintainance or whatever specialized occupation. Perhaps you will earn a lot of good coin there, but there isn't any way they can provide you with growth like it is possible in your forex account, which is possibly infinite. Perhaps you should look this up recipe which explains how cash management works and what you're able to make

    http://leftbraintrading.com/Download...calculator.xls

    2. Time in the front of your computer. To a lot of folks, the life you are able to live trading currency appears to be too good to be true, it is not. It may be challenging, but you only actually need anywhere from minutes to a couple hours each day to trade profitably enough to trade for a living. And with the right mindset its not stressful. Then it is possible to takek the wife and children with you to fiji, and place trades while you're in the hotel. It may and will be so good for you if you go at your own pace and learn this properly.

    3. Man you have no idea... Forget the occupation, forex is your chance of lifetime. Most people have no idea what it is, and now you have come across it and come across this excellent forum. After I became an enlightened trader, I felt like I'd just won the lottery. It's the best thing that has ever occurred to you.

    4. Life as a Trader Life as a trader trading other individuals money can be stressful based on the folks I have talked to and read from. Ive never done it. Whatever the case, managing cash is only as stressful as you make it, but it would be much more difficult to trade for yourself imo.

    Life in forex may be the most relaxing, rewarding, financially rewarding thing on the planet. Take the job learn whatever you can from it, and stop after while and become a full-time trader. Man you have no idea right now how hard it can be for many people but how rewarding forex can be.

    Any more questions I didnt reply? Maybe someone invovled in forex firms themsevles needs to reply


    Do the math if you earn 85% wins and your winners are twice as large as your losers and you risk 10% of your funding each transaction. (beginners risk 1-3 percentage )

  6. #6
    Now that I understand what FOREX is all about I'd choose the job based on what my needs are. I'm not certain what they are training you for but I knew one guy who had been working for a huge bank and they sned him to a FOREX training convention that would normally charge 5K or longer and he learned FOREX, traded for your bank for sometime and now when he realized what he had he abandoned the job and turned into a day trader in the home. Now he is doing really well for himself. Assuming you are saying that they will train you on how to trade FOREX and you then turn into a succesful trader for your company this could be the opportunity of a life for you if you would be ineterested in becoming a day trader for yourself.

    If you don't mind telling what was the field you studied for?

  7. #7
    Quote Originally Posted by ;
    Hey, how are u? My names mike and im new to forex also. Ill tell you though, the sky is your limit man. I dont know anything about being in the actual organization, but being a normal trader, you can do great. Good luck with your job proposal.
    Just how are un
    you can make forex business if u have sufficence understanding

  8. #8
    Jb7777,

    For whats its worth, seems to me like you didn't ask the right questions in your interview.

    If you desire to trade at a certain point in the future, working for a bucketshop will pull back the veil and allow you to see how they operate. If you haven't ever considered trading as an option and don't have any desire, this would be of little help.

    You will find backroom operations, information tech, and customer support positons which are typical to most brokers for entrance level positons. If your field of research is not accounting or computers, then that leaves customer service. Have mercy on your soul if this is true, you will have people complaining at you all day long.

    Only my 2 pennies.

    Xt

    caveat: this poster does not endorse nor approve of the use of hyperlinks in his articles that he didn't put there. Click them in your peril.

  9. #9
    I suggest you completely check out this online trading company....are they registered with the NFA and CFTC. Have there been complaints....

    It could be a Good chance or you could be hanging your ass out to get a fantastic kick.
    Just something to think about. .

  10. #10
    Hey, how are u? My titles mike and im new to FX also. Ill tell you though, the sky is the limit man. I dont know anything about being at the actual organization, but being a regular trader, you can do great. Good luck with your work proposal.

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