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Who's living the location independent lifestyle?
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<blockquote data-quote="no_mas" data-source="post: 35744" data-attributes="member: 1745"><p>I work in the trading/finance field and I thought along the same lines as one of the posters, I'll just daytrade, make a few hundred or thousand bucks a day, maybe work a few hours and call it. It IS a business that can be run almost anywhere in the world but unlikely from a laptop as you find out you will need multiple screens and many times ALL day to find a profitable trade. If your trading futures, you can find yourself up almost all day/night looking for opportunities. And then the plain statistics are not in your favor, a much higher failure rate then a small business as the market becomes more 'efficient'. It may have been possible a few years ago but these days the job is damn near impossible.</p><p></p><p>That's not to say no one does it, there are definitely the outliers but I think these are as likely as winning the lottery. An alternative is to find a lot of capital and bet BIG on something. High risk high reward, I would only recommend it if you can find OPM (other people's money) to do so.</p><p></p><p>Just random thought but most people who go into entrepreneurial trading are MARRIED to the screens and wish they had done something else instead. These are both profitable and unprofitable traders. Just my 2 bps.</p></blockquote><p></p>
[QUOTE="no_mas, post: 35744, member: 1745"] I work in the trading/finance field and I thought along the same lines as one of the posters, I'll just daytrade, make a few hundred or thousand bucks a day, maybe work a few hours and call it. It IS a business that can be run almost anywhere in the world but unlikely from a laptop as you find out you will need multiple screens and many times ALL day to find a profitable trade. If your trading futures, you can find yourself up almost all day/night looking for opportunities. And then the plain statistics are not in your favor, a much higher failure rate then a small business as the market becomes more 'efficient'. It may have been possible a few years ago but these days the job is damn near impossible. That's not to say no one does it, there are definitely the outliers but I think these are as likely as winning the lottery. An alternative is to find a lot of capital and bet BIG on something. High risk high reward, I would only recommend it if you can find OPM (other people's money) to do so. Just random thought but most people who go into entrepreneurial trading are MARRIED to the screens and wish they had done something else instead. These are both profitable and unprofitable traders. Just my 2 bps. [/QUOTE]
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