Re: Say goodbye to the dream
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The obvious answer is that markets open in the morning... You get there before they open to do some research. So if you trade natural gas, you would read about middle eastern politics, look at weather reports, etc... Many of the companies also have morning meetings where they go over strategy and such. Then the markets open and close at 2:30 if you do certain commodities and at 4pm (they open at 9:30am). After you close, you go over stuff to make sure stuff went okay, maybe plan a bit for the next day, then leave. I think the more senior you are, the later you can show up (I think some people get to work just before 8am).
Someone who actually knows the world can get into this more.
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How many of these legendary 14 hours are actually downtime? You know, schmoozing by the coffee machine, two hour lunches with "clients", watching the 4th quarter of the Knicks game while waiting for dinner to get there, another hour for dinner, etc?
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