Left the FX company on 19th September 2013, barely 5 weeks in. Was heading for USA for a family holiday on 20th and I did not return to the company on the 7th Oct Monday when I was supposed to. It was not a good place for trader education. They literally leave you alone to trade the charts naked, purely based on price action. Very little communication between the senior traders and the newcomers. A lot of things were hush-hush, like what kind of package we will get if we get past the 3 month training. Like what is required in terms of the win rate. The company structure was weak. There are only less than a handful of seniors traders who are under the payroll of the company. The rest are marketing staff, traders who paid a good sum to learn from the chief dealer and newbie traders hired to be the bots for the company. It was a good feeling for me to be in an office in Raffles Place, trading forex and all. But heck I wasn't paid a single cent and all day long we just sit in front of the dual screen desktop and looking at the currency price chart.
Fast forward 2 months of rotting at home applying for financial jobs, decided it was not going to look brighter in my prospect of working in the financial sector. My ultimate goal was to be a proprietary trader, trading the company's fund day in day out. But without a good uni degree or any outstanding portfolio of my personal accounts to show, my application forms will be used as rough paper for firms that I hire to.
I took a turn for the engineering job sector I once tried to avoid. Emailed the HR lady from the engineering firm which I interned at and left a good impression in year 3. Was hired in a matter of days. Contract for a year under a management associate scheme. Supposed to be in project dept but end up being ushered in the design dept i interned in, because one of the design engineer was leaving on Christmas eve and I had to take over everything from him. Alot of projects to take over. I had no time to enjoy the fact that I was finally a salary man. Engineering calculations, excel sheets and a whole lot of things I know nothing about. The routine of waking up early each week day and rushing through my breakfast and going to work is getting me. But thank God for the pluses in this job- the people and basic job scope I already know, super near to home, new and better office.
It has been 3 weeks into the job now. The first repulsive reaction from my flesh is to quit way before the 1 year is up. Just couldn't see how I can satisfactorily handle so many ongoing projects thrown to me.
But I remember what the Bible taught me through the sermons in church. From pastors like Dr Yonggi Cho, Pastor Phil Pringle, Visualise that I can handle the projects to the end, speak and think positive. Know that Jesus is interceding for me unceasingly before God, reminding God of His promises for me. "Jesus is closer to me than my very breath," Pastor Kong always said.
Then again, the second reaction is wiser. That I remembered why I decided to apply back to this engineering industry, this company. I wanted to stop getting allowance from my parents. Turning 25, way beyond about time !!! And also I want to start supporting my parents.
Now that I'm down this road, I will carry on demo trading on my thinkorswim account while I save enough to put in the minimum deposit of USD$3,500. It will take me a year to save that. Then I will leave the job once I can earn as much in my options trading as my day job.