Thursday, January 1, 2009

Currency Trader Jobs

I always wanted to be a currency trader.  It always seemed cool and glamorous.  They have a nice big office on Wall Street with flat screen monitor every where with blue, red, green lines going up and down with numbers flying around every where.  And in the midst of all that seemingly complex chaos, these currency traders are able to analyze the forex market and make money.

They don't seem like they're as stressed about their jobs as other investment bankers and traders on Wall Street.  I guess because they don't have much opportunity to bend the rules or go into gray areas.  The forex currency market is virtually impossible to scam.  So if there's no temptation to, or it's easier to make money the ethical way, currency traders would rather do it that way.

That would be nice to be on Wall Street and not be tempted to lie, cheat and steal to get what you want.  As a currency trader you just look at the screen and it somehow tells you what you need to do.  They're the ones that saved the big investment banks like Goldman Sachs and Morgan Stanley.  Okay maybe saved is too much.  At the very least they are the ones who made these gigantic banks profitable again.

How did they do it?  Who knows, it's their secret sauce.  If we knew, I guess they wouldn't be as important anymore.  Maybe they are the real wizards behind the curtain running everything.  I don't know.

Wall Street is a fascination to me and especially currency traders.  What do they do and how do they do it?  I guess that's the big question all these currency trading authors are trying to answer.  But if they've figured it out, how come they're writing books to make money instead of trading on the forex market?

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