Best Day Trading Software

Posts Tagged ‘options trader’

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

• 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......
• Where Do I Get A Realtime Stock Analysis Software?? In China, there're quite some real time stock softwares. Basically they're the same thing. Offer real time quotes, info, charts, VERY detailed technichal analysis.... People can browse,anaylysis and trade with this software.... Is there such a software in America? I'm a Chinese and would like to get familiar with American......
• Help with stock trading please...? I'm 19 years old and i have been very interested in the stock market for quite some time now. I'm not interested in investing big bucks at this point in time, but maybe in the near future. For now I would like to invest a few hundred dollars in a......
• What are some tips for a welfare mom trying to survive these difficult economic times? I am so sick of my kids complaining about not having everything that their "better off" friends have; they do not understand how difficult it is to be a welfare mom these days. Things have gotten so difficult, and food stamps will not buy beer and cigarettes, but do my......
• 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......
• So why do people look at trading as a bad strategy? im sorry but i have had spectacular returns every year of over 100% and before the crash i was totally long on stocks but since i cut my loses right away i lost very little and actually made money shorting... now im up even more before the crash! and all......
• 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......

• 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......
• Give Whole Life Insurance a Fair Comparison – Get Illustrations and Compare! I hope this post doesn’t end up on one of my favorite blogs, Bad Money Advice, but I wanted to actually compare some numbers for people.  Everyone, and I mean everyone tells you to stay the hell away from Whole Life Insurance, I think the main concerns are fees,......
• Monday Lotto AU 1million The last 3 draws have been pretty amazing with the smallest number in each draw being 19 20 21, and most numbers coming from the top of the field (big). The Saliu ANY Filters have been large and point to a drop, ie: all 6 numbers for 1st prize will......
• what can i do to gain trust/ stop this hurt after fiance/girfriend cheated? alot of you know my situation from my last posts.....and i love all you guys because you all give such helpful advice....therefor im coming to you guys again. background is my fiance cheated on me and afterwards said she was sorry and came back, then left again sayign she couldnt......
• Monday Lotto AU 1.5million Recent G Network private in-house lotto games have been returning a profit, over the last few weeks. With a view to tracking the outlay-to-return ratio, from today, all G Network suggestions will be in the form of "optimized games" based upon the work of Saliu. In the running of the......
• 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......
• Hi!Funny or no? 24 Fun Things To Do In An Elevator... 1. Grimace painfully while smacking your forehead and muttering: "Shut up, dammit, all of you just shut UP!" 2. Whistle the first seven notes of "It's a Small World" incessantly. 3. Crack open your briefcase or purse, and while peering inside ask:......