Friday, November 23, 2007

Being a TRADER

Thanx giving continues and so is my holidays.
Seeing that, there is nothing in particular to write about, i felt like writing about my profession.

I am a Derivative trader cum analyst in one of the leading trading propriety firms in the the world, which by the way in India, no one has any kind of idea about.Everyone knows about Google, Satyam, infosys, TCS but no body knows about Goldman sachs, Duestche bank,J P morgan or Futures First.
Trader sounds so weirdo in comparison with software professional or software engineer which almost 75% of the engineers are destined to become after their engineering.Only the name tag differs over there. Let it be Google, oracle, Infosys, microsoft, IBm or anything.
I was recruited for almost similar kind of job at TCS .

CODING.
the name itself sounds to invite millions of problems. C, C++, JAVA, JAVA++(does JAVA++ exists??). Every day a new version or new babykind of its own with more flexibility and with much bigger complexities.
I guess i have made a pretty good decision by opting to this life of being a trader rather than being a software professional.
Trading life is in fact not always a cake walk. Its in fact comparable or analogical with an equilibrist on a tight rope.It sometimes looks as if u r a disgusted moron,dumb ass , frustated with life. Sometimes it also makes you feel top on this world, The hero of this era.
It makes u feel the extremity , roll a coaster journey without u being anything experienced in personal.In fact, your emotions go that strong that you generally don't feel the emotions. I mean to say that even the big problems looks pretty simple ones after the hard days of trading. It makes u to look on your mistakes faster and learn from it. It says , there should always be a "learning" from mistakes. convert your mistakes to opportunities.

Its really great being as a trader. Considering the tags aspect here too, the Google's, yahoo's and Microsoft's of this profession are Goldman Sachs,J P Morgan, Morgan Stanley and quite a few.
A recent news in some paper and articles made me feel proud about being a trader.

1. Deutsche bank, one of the leading investment banks, had a loss of 5600 crores in the last quarter made by 14 traders(only 14...toooooo much) which is almost 5% of indian GDP in one year.
2. If Top four investment firms, Goldman Sachs, Morgan Stanley , Meryill lynch, Duetsche bank close up, The US economy would collapse and would go into immediate recession and will take atleast three months to recover from recession.when the Big daddy turns sick, the whole family too. It will hurt the most of the nations, which has acquisitions with US.Which implies almost every nation would get affected.where as thats not the case with yahoo and google's.It will have impact, but definitely not as big as by these investment firms. The world's money lies here. and this all is controlled by hardly 200 to 250 traders who hedge over billions of dollars everyday. They "make" the money.
so i want the power to be driven from my side. Though i have shown you zoomed up part of this version, i still want something of this similar in the future lying ahead :). probably the greatest Loss maker of Deutsche bank or Goldman Sachs. :)

Thursday, November 22, 2007

CATia 08 :)

Thanx to the thanksgiving celebrations in London , New york, Frankfurt and all over, i got four days off in a row.Finally could find a time for myself :) . Its been quite a happening week. I just got over a sweet haunting,been waiting for this day from past year, but grapes are sour again.

CAT....
I guess this would be my second girlfriend through out my life, though the first one always tends to changes every now and then. I keep trying to propose her, sometimes, through weekly practice on Sunday, sometimes waking up late nights watching movie and finding new ways , new strategies to make her convince that i am good enough for you. And after a kind of("kind of" because if u really work hard enough with your heart, every thing on this bloody hell[earth] is possible, may it be president ship of USA, may be being the richest or anything, is possible) hard work which i very rarely do, I guess i got rejected by her again.(though results aren't out, i am kind of convinced that none of the seven gals will accept my long heard proposal).
There is always something special in this gal friend of mine. Every year, it dresses in new way, throwing surprises, sometimes shocks, and i am weirdo who loves surprises and shocks(though haven't handle it any good anytime.)
Hope to throw out my laziness and put my bum on the chair to work hard enough to make me good enough to stand along with her next year:)