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Why would anyone want to be a doctor when they could be a trader? watch

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    Because I'm not smart enough, interested in finance (or hot women :rolleyes: ) or enough of an ******** to have what it takes to be a really successful trader.

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    (Original post by Helenia)
    Because I'm not smart enough, interested in finance (or hot women :rolleyes: ) or enough of an ******** to have what it takes to be a really successful trader.

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    But you can become a successful investor from home...

    Look at me...

    I invested £23,500 in the stock market and in 2 months made £1500.
    But you need to educate yourself on it, like....

    what is P/E ratio, what is dividend cover, what is EPS, what is P/B ratio etc
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    (Original post by Pinkberry_y)
    Because I want to keep my soul and pursue my passion for science, learning throughout my life and having some impact on someone's life. I want to do a meaningful job where I can say I helped someone because of my knowledge. When I graduate and specialise I want to go abroad and volunteer and give medical aid to a country where they dont have a healthcare system like ours, the kind of experiences you gain as a doctor and what you go through is one of a kind. Yes there are long hours, yes it can be *****y at times, yes there are tonnes of exams, but at the end of the day no job is perfect. Bankers have long hours as well, the exams i take when j specialise will be in topics that interest me. Not even for a day would I trade being a doctor for working in a soul less office looking at numbers and figures all day.
    The thread is about traders, so no.

    Could flip this around and say, why would anyone want to do rectal examinations all day? Why would you want to look at sick people who probably hate you, day in and day out? You can make anything look negative.

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    (Original post by momoneyme89)
    But you can become a successful investor from home...

    Look at me...

    I invested £23,500 in the stock market and in 2 months made £1500.
    But you need to educate yourself on it, like....

    what is P/E ratio, what is dividend cover, what is EPS, what is P/B ratio etc
    Trading with large assets for an institution and investing a small amount of personal capital are not the same thing.

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    (Original post by Princepieman)
    Trading with large assets for an institution and investing a small amount of personal capital are not the same thing.

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    lol he's just here to show off
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    (Original post by Princepieman)
    The thread is about traders, so no.

    Could flip this around and say, why would anyone want to do rectal examinations all day? Why would you want to look at sick people who probably hate you, day in and day out? You can make anything look negative.

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    Traders do work long hours lol
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    (Original post by momoneyme89)
    But you can become a successful investor from home...

    Look at me...

    I invested £23,500 in the stock market and in 2 months made £1500.
    But you need to educate yourself on it, like....

    what is P/E ratio, what is dividend cover, what is EPS, what is P/B ratio etc
    That's pissing in the ocean compared with the amounts full time traders/hedge fund managers are making. We're not talking about playing with your savings account.

    (Original post by Etomidate)
    Because traders aren't allowed to push drains into peoples chests via a scalpel incision, nor could they restart someones heart at 3am
    Tbf, most of the time we can't either, or at least not permanently. We have a better shot than most though.
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    (Original post by Trapz99)
    Traders do work long hours lol
    You sure? Don't think I've heard traders at prop shops/hedge funds complain about long hours. Even at banks it's 11-12 hour days for most desks.

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    (Original post by Princepieman)
    You sure? Don't think I've heard traders at prop shops/hedge funds complain about long hours. Even at banks it's 11-12 hour days for most desks.

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    Yeah but that is long compared to the average 9-5 job and similar to some doctors' hours. I have heard a trader at a careers fair say to me that people who want to go into trading should be comfortable with working long, intensive hours.
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    (Original post by Princepieman)
    Trading with large assets for an institution and investing a small amount of personal capital are not the same thing.

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    You think £23,500 is a small amount of money?

    If I wanted to I could get 20 times leverage in the equities market or 200 times leverage in the FX market.

    Therefore I could trade with around £460,000 buying power for equities.
    £4,600,000 I could trade with in the FX market.

    However I don't trade on leverage, because I invest, not speculate.
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    (Original post by Trapz99)
    Yeah but that is long compared to the average 9-5 job and similar to some doctors' hours. I have heard a trader at a careers fair say to me that people who want to go into trading should be comfortable with working long, intensive hours.
    Fair, maybe IBD hours have skewed my perception of what is long.

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    I personally want to be a doctor, but I'm not in it for the money. It's to help people, having a genuine interest and passion for compassion and health care. Materialisation hasn't even crossed my mind- lives come first.
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    (Original post by Helenia)
    That's pissing in the ocean compared with the amounts full time traders/hedge fund managers are making. We're not talking about playing with your savings account.



    Tbf, most of the time we can't either, or at least not permanently. We have a better shot than most though.
    I'd like to see you make £1500 in 4 weeks

    Oh wait, you can't
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    (Original post by momoneyme89)
    You think £23,500 is a small amount of money?

    If I wanted to I could get 20 times leverage in the equities market or 200 times leverage in the FX market.

    Therefore I could trade with around £460,000 buying power for equities.
    £4,600,000 I could trade with in the FX market.

    However I don't trade on leverage, because I invest, not speculate.
    It is small dude. £23k doesn't move markets, it's not a risk-y amount to play with, it doesn't require block trading, you aren't exactly going to be influencing anyone with your volume.. It is small.

    20-200x leverage as a retail investor would be beyond silly, one small swing and you've lost all of your original capital.

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    (Original post by momoneyme89)
    I'd like to see you make £1500 in 4 weeks

    Oh wait, you can't
    Lol... Are you here to seek validation or?

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    (Original post by Princepieman)
    It is small dude. £23k doesn't move markets, it's not a risk-y amount to play with, it doesn't require block trading, you aren't exactly going to be influencing anyone with your volume.. It is small.

    20-200x leverage as a retail investor would be beyond silly, one small swing and you've lost all of your original capital.

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    Do you trade or invest? If no, why are you even arguing we me?
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    Because they have a conscience.
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    (Original post by momoneyme89)
    Do you trade or invest? If no, why are you even arguing we me?
    I do ahahahaha. I have £25k diversified atm, and £2k to punt around.

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    (Original post by Princepieman)
    I do ahahahaha. I have £25k diversified atm, and £2k to punt around.

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    Where have you put it? Let's see how amazing you are?
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    (Original post by momoneyme89)
    I'd like to see you make £1500 in 4 weeks

    Oh wait, you can't
    I make a lot more than that by going to work for 4 weeks... Could make it in 2-3 locum shifts if I wanted to do the extra hours.

    The point isn't about how much personal money I "could" make though, it's about why you would choose to be a doctor vs being a trader. And I am quite happy to admit that I don't have the skills or interest to be a proper City girl - but playing with your £20K isn't that either.
 
 
 
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