Best Day Trading Software

Posts Tagged ‘Mba’

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

• Does Capitol Hill realize China curtailed the purchase of bonds in Jan & Feb and our Credit Card is Canceled? With Legitimate Concerns, China has curtailed the purchase of U.S. Bonds in January of '08 and February of '09. China was the #1 source of currency to the United States and now, they're GONE! Not to mention, the Baltic Dry Exchange Index (BDI) crashed in November of '08 which sadly......
• 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......
• Can I make money, day trading on the stock market? I am a teenager about to graduate high school. I am very interested in the medical field but don't know if I am smart enough to join in on it. My dad is in the stock market and is the day trading type. He gets a hold of a Forbes......
• Day Trading in Canada? What would happen if all I did all day was bet on the Direxion Triple funds like FAS and FAZ (financials triple long/short)? What happens if I make 1000% in a year because of how easy it is today. heck it was a no brainer today to buy FAS at......
• How do I politely tell a person my personal life is none of their business? I'm talking about a financial planner that works for an investing firm I trade stocks with. They call ever so often to see how things are but this dude the other day irritated me to no end! He said I am not here to tell you what stocks to pick......
• 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......
• Is there a country that could experience a greater economic growth that Iraq in the next 20 years? im looking to get in to currency trading and the strategy i will be focusing on when i do is investing in developing nations. so on my Army funded all expense paid vacation to the lovely sands of Iraq in two weeks i was going to start my collection of......

• Athlete Profiles: Pete Sampras Pete Sampras was born in 1971 and grew up in the Washington DC area of the United States. He is considered to be one of the most gifted male players in the sport and has one numerous titles, medals and cups throughout his long and illustrious career. Although he is......
• Cheated on my hubby now I might be pregnant? I went on a holiday by myself for two weeks.Got drunk and slept with one of my sisters friends now I might be pregnant. My dog keeps on sniffing me and it scares me.My husband is a very sweet gentle person and would never hurt me, then I had to......
• One Hundred Pushup Challenge -- Knee Push ups, 1 Handed Knee Pushups, and Full Push ups Well if you haven't heard by now then you aren't paying attention to the Health and Fitness blogosphere... Everyone is doing the 100 push up challenge at 100 push ups.   It is a 6 week training program geared toward a final test where 100 consecutive pushups are completed.  (My first......
• Just because a a person is married, why do they think...? their spouse is only put on earth to satisfy their every desire. Such people take no responsibility for their own happiness and spirituality. No one person can be all things to another person. Those are high expectations for one person. No one can possibly meet those expectations. How can someone......
• Saturday Lotto AU 4million Tracking through the NSW Lotto recent results, some quite extreme situations have occured in the patterns analysed. The sum totals have been difficult to predict, as there were 3 games in a row where the smallest number was 19, 20, 21 consecutively, this had not occured for 135 draws. The......
• What do you guys think of that spying software that's out in the market, Pandora PC? It advertises to employers to spy on their slacker employees, to spouses to spy on their partners, and parents to spy on their kids. Allegedly, this software records every website the subject has visited, even after the person has deleted the history. Furthermore, it recorsds all keystrokes, which means that......
• State Default Rates -- A Publishable Application of the RateLadder ListingKey In the past I have talked about my technique for adding a ListingKey to the Loan table of the Prosper.com data export.  While I had successfully added the key several weeks ago I hadn't found an application of the key that I could publish until recently.  A fellow Princetonian and prosper lender......