The Business Of Trading by Don Bright
Trading is a universally accessible
business opportunity. Here’s how
to treat it like a business.
Trading is a business,
and all traders should
treat it as such. Over
the years, we’ve seen
trading for a living evolve from an exclusive club of
members on a trading floor of some
kind to an almost universally accessible
business opportunity. Technology
has had a lot to do with this
phenomenon, but certainly that is
not the only factor. For instance, the
jobs market on Wall Street has tightened
over the last decade or so,
leaving many traders to seek alternative
ways to continue their involvement
with the markets. In addition,
recent college graduates,
hoping to get a cushy job with a Big
Investment Banking Firm, have
found the competition brutal and
What else can these young minds
do to achieve success? Buy a franchise?
Start a research firm? Start a
hedge fund? Get a job on an exchange?
Any of these options can
be exercised, but another, lessknown
alternative not only exists
but is once again on the upswing.