anyone of you boys play the stock market?
because it sure seems like a perfect job for an aspie. You stare at a screen all day. the screen gives out numbers and you don't have to talk to anyone. And you can get rich while doing it. I've been at it for about half a year and I'm slowly getting profitable. I must say that I had some doubts about my ability to compete in this field at first, because most of the people you see working the trading desks in banks seem to be aggressive alpha male personality types. Also, Temple Grandin lists futures trader as unsuitable for aspies. However, I recently discovered this thread:
http://www.elitetrader.com/vb/showthrea ... genumber=1
Elitetrader is the forum for the most successful traders around, whether they trade for themselves or for banks or hedge funds. Turns out that a great deal of the top traders there are autistic. The guy who started this thread is 37 on that autism test thingy. He was broke at 21, is a millionaire now (at 24), and he attributes his success to his autism (good pattern recognition skills). However, he is still sad and says that he wishes he could exchange his market prowess for being normal.
http://www.elitetrader.com/vb/showthrea ... genumber=1
Elitetrader is the forum for the most successful traders around, whether they trade for themselves or for banks or hedge funds. Turns out that a great deal of the top traders there are autistic. The guy who started this thread is 37 on that autism test thingy. He was broke at 21, is a millionaire now (at 24), and he attributes his success to his autism (good pattern recognition skills). However, he is still sad and says that he wishes he could exchange his market prowess for being normal.
It's hard to tell what sort of a job is good or not good for an aspie, because we all don't act the same. We all have a wide range of personality differences. There are some aspies that have become salesmen, which is a job that I think would be uncomfortable for most, because of the communication with others involved. Some aspies, who get into a job regarding their deep interests, can be quite remarkable in what they can do, when they really put their minds into it. I tried a canvasser job for a political organization, and I found out I was horrible at it.
There are some aspies that are aggressive, and there are others that are very calm. I guess a stock trader is fit for a rather more aggressive aspie, but I imagine it involves juggling quite a bit of things at once, which seems like it would be overwhelming. I can be quite aggressive, but I tend to like jobs that are much more calmer, and I like a calm atmosphere. I can be somewhat of a risk taker, though, in some situations. Bill Gates, whom I'm not entirely fond of, but who is said to be an aspie by many, is extremely aggressive.
- Ray M -
EaglesRNo1
Yellow-bellied Woodpecker

Joined: 28 Aug 2005
Gender: Male
Posts: 67
Location: Suburban Philadelphia
I want to have some sort of job in the local sports media. It's my passion and I can't see myself being happy doing much else. An aspie going into broadcasting sounds crazy, but I think I can get there. I'll start practicing in September by joining the morning announcements club at school. As far as stock trading goes, I see too much risk in that. If I ever invest, it will probably be with a certificate of deposit since the only risk is a family emergency that requires the immediate use of that money. If you don't put so much into the CD that you still have enough money on hand for a crisis, this risk is virtually eliminated and you will have made a decent amount at the CD's maturity date, which you choose.
_________________
2006 Eagles Prediction: 10-6, 5th seed
Loss in Seattle in divisional playoffs
Super Bowl Prediction: Panthers 27, Colts 17
TheMachine1
Veteran

Joined: 11 Jun 2006
Gender: Male
Posts: 8,011
Location: 9099 will be my last post...what the hell 9011 will be.
I lost a few thousand in the late 90's. I invested a small part of my money in Apple.
And put most my money in a bank account. Over those years Apple stock increase upto 800% and my bank screwed me more time than I can count. I had the stock
put in my name. So I'm sure I will died one day and someone will find my apple
shares in a shoe box.
ok, let me set something straight.
I DON'T "play" the stock market.
I "Invest" in the stock market.
if the stock market is a game to you, you will almost definately lose. however, if you study companies and industries that you know something about, and dedicate yourself to learning new things, and take the precautionary steps to limit your losses, then you can be successful at it.
i am investing in the market now, with the help of zacks advisor.
http://www.zacks.com/
http://www.zacksadvisor.com/
anyone looking for screening software and good profit tracks to make big money should seriously check this stuff out. i would read the report called the "billion dollar secret" which is accessable on those sites.
and here is the link to the "billion dollar secret" http://www.zacksadvisor.com/pdf/report.php?type=BDS
proven profitability since 1988. you cant argue with that.
being a member of zacksadvisor sure isnt cheap, but profit potential like this makes it worth it.
now of course, i dont just automatically invest in what they recommend, i do my homework and due diligence about the companies and analyze all sorts of info. but with profit tracks and potential like these, i believe that anyone with this inside info is on their way to huge profits in the market.
ill let y'all know how im doing sometime down the road hehe.
I haven't invested yet but are looking into it, have thought about it for some years. I'm gonna start some time next year.
I agree it's a good job for aspies, if I want to make some money, this is the place. I don't know how good I'll be, but as long I come out on the plus side I'll be happy.
I tend to see it more as a game, if you're good at it you win, if you suck you loose. It's just money, I don't have that much so I can't loose that much.
However if I had millions I might start taking it more seriously.
Hope for the best!
Investing in the stock market is hard, and easy at the same time.
All you have to do is find an inevitable world event or transition and bet on it. They can even be broad sweeping changes, not to a particular industry or firm. These kinds of changes usually take 5-10 years to play out, then you re-evaluate.
For example, canada and brazil are natural resource rich, as population increases, demand rises, and they have a net inflow of money.
So, what you do is buy an ETF index fund in the brazilian & canadian stock market. They buy one of each of every company listed on a given country's stock exchange.
http://www.ishares.com/fund_info/detail ... EWC&qt=EWC
http://www.ishares.com/fund_info/detail ... EWZ&qt=EWZ
In the US we have such a large dollar denominated deficit that the dollar will have to completely tank for us to afford to pay it off. It has devalued significantly since 2001 when we started signing away the farm to pay for our current folly in the sand.
So, invest in necessities, not luxury goods. Utilities are almost always a safe bet, so buy a utility sector index fund.
http://www.ishares.com/fund_info/detail ... JXI&qt=JXI
The US financial journalism community has, in the past, had an unfortunate wall street centricity that is pure hubris given our financial circumstances. They feel picking different sectors of US stocks is sufficient diversity. Really, that is putting all your eggs in one basket. The world is a large place, most of it is safe to invest in.
We are well along on this scenario, but the dollar has a lot farther to go downward. I have been letting my investments sit and take care of themselves for the most part, once it looks like this trend has hit a zenith, it will be time to re-evaluate and prepare for the next trend.
Inex funds make it easy, you can invest in an entire sector, entire country, etc. You only need to know big trends, not specific details. Index funds outperform funds that choose stocks about 99.9% of the time. These people work all year trying to pick stocks for a job. If they can't do better than the market, you likely can't either.
I own some individual stocks where I personally have some knowledge of the company and how it conducts itself. For example, i bought stock in a local utility or two based on good customer service and a general feeling that they are doing better than most.
anyway, good luck. No-one can tell you what to do as everyone has a different level of risk tolerance & comfort with big choices. If I tell you one thing, and you aren't here with me when I change my mind and re-do everything you will end up going down the wrong path, even if it is the right one when I told you.
take care,
Jester
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