Too much freedom...

Pby09990 · Post by **Pby09990** » Tue Sep 04, 2007 5:57 pm

I doubt this is really answerable but how-and-ever...

If you were given the freedom and opportunity to research/electronically trade a new product/idea, would you be able to do it?

I've recently been given the opportunity and find myself paralysed by the choices.

Has anyone else been in a similar situation, and if so, is there any logical advice I can follow so that I get my head straight?

filthy · Post by **filthy** » Tue Sep 04, 2007 6:38 pm

"If you were given the freedom and opportunity to research/electronically trade a new product/idea, would you be able to do it?"

yep

"Has anyone else been in a similar situation, and if so, is there any logical advice I can follow so that I get my head straight?"

the first thing you need to figure out is what it is that you do well enough to have an edge. are you a math wizard who can better price and hedge options? are you a tech guru who can access electronics markets a few miliseconds faster than others? are you a big loud guy who can stand in a pit and hold up the same number of fingers as everyone else? once you know what it is YOU can do then you can find a good market.

for example, right now if i was a floor trader i'd head down to the cbot and trade corn options. but i'm not so i have to look for the best place to apply my skills.

the looseness of the game ultimately is most important, but only if you are actually good enough to play the game.

uranasss · Post by **uranasss** » Tue Sep 04, 2007 7:09 pm

Nope, send that credit line my way... Wink

Bachelier · Post by **Bachelier** » Wed Sep 05, 2007 2:24 pm

Monroe Trout: "Never trade anything unless you have an edge."