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I have a Series 3 (futures/forex) license and worked in that industry for about 6 months. It was like the bad parts of Boiler Room. I left when I realized the shop I was working for had no problem ripping off retail clients and allowing them to speculate with money they didn't have; clients had to sell their homes to cover their obligations.

Bona fide hedging is a lucrative business for the companies involved, whether that's hedging against currency or commodity price fluctuations. It's also more "buy side" than "sell side" - you're dealing with companies rather than 'raising money' from new clients who get blown out over the course of 3 months.

I know a few successful options traders. It's highly lucrative (high 6 figs base after a few years), you just need the pedigree and the intellect to pull it off. If you're in a position to do that, though, you might try to get an analyst job, get on a path to assistant portfolio management, portfolio management, keep a good track record and start a hedge fund. That's all buy side and would allow for some flexibility in the strategies you implement.



Was the acting as bad?




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