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Monday, February 23, 2009

I Am a Derivatives Trader (VIDEO)

"And it came to pass, that when he was returned, having received the kingdom, then he commanded these servants to be called unto him, to whom he had given the money, that he might know how much every man had gained by trading." - Luke 19:15, KJV, The Bible

The term "Derivatives Trader" paints such a wide brush. You know. I find that my profession, my employment? Is being 'blamed for the ills of the economy'.

That's a little more than infuriating.

What do I do?

What do I provide the economy?

How can I hype this job, but remain honest and moral?

I talk about that, in the following vlog entry ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click this link to view the entry ...)

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Here is the link to the blip.tv version of this video.

What do they want? To destroy marketplace liquidity and to increase unemployment all in one shot?

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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