Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I must be losing it, because I thought I posted this earlier, but I don't see it. If I did post it, well – – call me Goofy.
I received an email, an excerpt of which is shown below, from a fellow Sloper. I get emails like this from time to time. As a big believer that work should not feel like work, and a person who is blessed with a livelihood which he finds stimulating and pleasurable (I'm holding back – I love what i do) emails like this really get to me. Any counsel for this individual? I'm not trying to make this a Help Wanted ad; I'm just sure he, and others, would appreciate your counsel.
I literally despise my job as an accountant, & I want to trade FT. It all comes down to what I feel passionate about, & I'm passionate about analyzing charts & markets, developing ideas, acting on those ideas, & constantly learning.
Accounting/audit is just not for me. I know this. I think 3/4 of the problem is the nature of the firm I'm at & the client base (we have some nightmare clients).
How the heck to I go about transitioning fields? My one thought is to just p— off & start trading my own capital – I've got about $50K. However, this is not the best idea at present as I've got 2 kids (one 2 & 1/2 yr old & one infant), & I need some security to put food on the table, which is why a job in public accounting is more than ideal from a security standpoint.
What about working for a CTA or a small boutique money management firm (I'm located in Toronto), who might need an analyst or an apprentice/junior trader?
I'm not even sure if or where these types of positions might exist. I also know that it's often who you know in life, not what you know.
Good morning (rubbing eyes) Just to throw something out there, I'll mention one of my larger positions is FXP, the ultrashort on China. If we can push above 11.26, that will complete a cup with handle. I also like how volume has been increasing lately.