Hello everyone,
I am looking to get into trading, and would like to request a bit of advice from all you experts out there.
I am 33yrs old, and am soon to finish my PhD in engineering. My bank balance and savings are almost nil though because I had some loans etc. to pay off. On the bright side, I am close to securing a 22-25lakhs per annum CTC job offer. Growth prospects seem good too.
I have read some articles, research papers, and a book on Quantitative Finance, and the field of trading has piqued my interest. I would like to trade for personal pleasure (or pain!!), but more importantly for money (I want to be able to afford to buy a decent home sometime soon, but the real estate prices are just SCARY )
I fully understand that trading is very hard skill to learn, and will demand long hours to be put in (I possess strong programming, mathematics and statistics skills, and that may help a bit though). My day job is likely to take up about 60hrs per week though, and will likely make life harder.
So given all this, does it make sense for me to enter trading? Since I am already 33yrs of age, and have nothing in the form of savings, I am a little worried, and am thinking about giving trading a decent shot.
Thank you very much for your time and attention! I look forward to hearing from you all.
I am looking to get into trading, and would like to request a bit of advice from all you experts out there.
I am 33yrs old, and am soon to finish my PhD in engineering. My bank balance and savings are almost nil though because I had some loans etc. to pay off. On the bright side, I am close to securing a 22-25lakhs per annum CTC job offer. Growth prospects seem good too.
I have read some articles, research papers, and a book on Quantitative Finance, and the field of trading has piqued my interest. I would like to trade for personal pleasure (or pain!!), but more importantly for money (I want to be able to afford to buy a decent home sometime soon, but the real estate prices are just SCARY )
I fully understand that trading is very hard skill to learn, and will demand long hours to be put in (I possess strong programming, mathematics and statistics skills, and that may help a bit though). My day job is likely to take up about 60hrs per week though, and will likely make life harder.
So given all this, does it make sense for me to enter trading? Since I am already 33yrs of age, and have nothing in the form of savings, I am a little worried, and am thinking about giving trading a decent shot.
Thank you very much for your time and attention! I look forward to hearing from you all.