Best Day Trading Software

Posts Tagged ‘constant attention’

I think I would like to have my next career be as a self employed options trader.

After a 14 year career in the Engineering and IT world I moved last year into a career in finance, specifically as a commercial lending officer for a large credit union (.5B.) My education career started in Engineering (including 19 hours of Calculus and linear algebra) but my actual undergrad is a BBA. My IT education includes 4 advanced self taught certifications. I started investing in CD’s, stocks and bonds in 1990, added covered call options in 2000 and long call options in 2005. Even though I had never worked in the finance field, my amateur interest in the financial markets is great enough that senior management asks me my opinion on current issues and trends because of my constant exposure.

As part of my job requirement I will be starting an MBA in September and my course of study is up to me as long as I am working on the graduate degree. Due to my pre-existing interest, heavy coursework in finance, securities and financial math would not be unusual. For political reasons I have to stay in this job for 4 years but I effectively have the opportunity, means and permission to rebuild myself with an eye toward starting on a career in the world of options should I so desire.

I know that during my studies I could ask the professors and advisors about this but I would much rather find someone who is actually doing this to help me structure my courses and studies (formal and self taught) so that while I am being paid to learn I can be learning the things to help me most.

As some here have seen (and answered my questions) I have at least some understanding of options trading. I have found what I think it an effective day trading strategy but it has the significant problems of being unable to scale and requiring constant attention to prevent being on the wrong side of a trend. I need to really learn to do spreads and other long term positions so I can make thousands on a longer term position instead of the 0 per round trip in 15 minutes I target today and not have to watch every minute move from 9:30 to 4:00 all day worrying about missing an instantaneous buying or selling opportunity.

I would very much appreciate it if somebody who has had success in the area of options investing can help me to learn what I need to learn to have the mental tools and experience to be able to seek a career in this arena or barring direct help, help me to find someone who can guide me on this. I don’t think I am asking for a lot of someone’s time but I certainly think it can’t hurt to ask for some help rather than waste money on books or seminars flailing about trying to find that one needle in the haystack of information otherwise uselss to me.

Feel free to contact me directly should you be so inclined.

Thanks in advance for any help provided.

Technorati Tags: 5b, amateur interest, bonds, Call Options, Career Options, constant attention, coursework, current issues, day trading, education career, finance field, financial markets, financial math, graduate degree, investing, Job Requirement, linear algebra, Mba, Next Career, options trader, options trading, senior management, stocks, stocks and bonds, term position, term positions, Trading Strategy, Undergrad, wrong side

• Need a trade that doesn't require a lot of math? Hi im trying to decide on a trade but im finding out more and more that my math is a major problem i want to get into something before may but the way its looking it will take me more than 6 months just to catch up on my math......
• What do you think about daytrading? I'm 24 and in college for engineering. I'm very good a math and the charts and technical analysis comes very very easy to me. I have been using www.freestockcharts.com to paper trade. Although I am good with charts, I feel too confident with everyone saying that it is so risky......
• How do you buy and sell stocks online? I just saw this site etrade.com. Once I make an account, what do you do? I know very little about the stock market. I want to start buying and selling stocks. so how much is it to buy a stock normally? and then you can sell it later if the......
• To transfer or not to transfer? Ill make it short. Have a mutual fund that has done well in the past, not a banner year this year, but have been happy with the pick. Got a notice in the mail, in short, they now charge about per quarter maintenance fee. SHould i sell and transfer money......
• How to start day trading? I want to start day trading, but I have virtually no experience with stocks. I've done a bit of research on it and I really want to get real time feed to test my strategies. Is there a way to get real time feed of the markets for free? And......
• World History Help. I put a star next to my answers, can someone please correct and help me. :) thanks? 8. Quickly turning the USSR from an agricultural to an industrial economy was (1 point) the main goal of the Red Army. a plan known as the Politburo.* Stalin's Five Year Plans. a plan that had widespread peasant support. 9. The world leader who used methods of civil disobedience to......
• How to trade and learn the fundamentals? I am young and have been trading stocks with above average success for the last 4 years(this year has been the absolute best so far) but my fiance is wanting to learn the basics with very little knowledge, but i am an easy learner but a bad teacher. Does anyone......

• Start Investing P2P Lending I have been investing in p2p lending on Prosper since July 06. I consider it an alternative asset class and orthgonal to the stock market.  I am regularly asked if someone should invest in p2p lending... I think the answer is a loud and clear yes! But before you rush......
• Widgi Creek Golf Club, Bend, OR Widgi Creek Golf Club is located in: Bend, OR Phone: (541) 382-4449 Website: http://www.widgi.com/golf/hours.cfm Course History: This is a great place to stop if you will be in the Bend, OR area. We fell in love with this course and can't wait to go back. It is extremely beautiful and......
• how to find out if your spouse is cheating on the net? does anyone know how to tell if your spouse is at work and cheating on you on a office pc , and if so , how would i get the i.p. number to see if the pc is turned on , so to say to see if they are in......
• So do I need to take action on him or what? Recently, I've noticed that I may have an infection (um, below). Upon the first symptoms, I thought it was just a regular yeast infection and treated it as one. Only it hasn't gone away, so that leaves me to believe it is bacterical or an STD. I plan on going......
• how do you know for sure if your spouse is cheating? i have been to h*** and back with him and i am suffering because of it now. the last time i thought he was cheating was in may around the time of my hysterectomy because he closed the bank accounts kept all the money and wouldnt let me pay bills.......
• Monday Lotto AU 2million Today's Lotto looks the best prospect so far, for a narrow ANY 6 draw. All numbers should be derived from those of the previous 5 draws, if not, it will probably blow out and the next draw will be the tight one. The Saliu Filters look extremely favorable. This reduces......
• Wednesday Lotto AU 750K Today's NSW Lotto is not a lot easier than Monday's. With most numbers looking to come from those within the last 10 draws, and at least 3 or 4 numbers from within 5 draws. Previous draw the Saliu ANY Filters were: 1+ 3+ 6+ 7+ 9+ 16+ All PLUS, strongly......