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Not sure I necessarily agree with all of ohai's points. I don't know too many traders who stumbled into this area. Most of the people I know in this area were seeking careers in investment banking, fund management or trading. I very much doubt an investment bank or hedge fund would hire someone with no aim or career objective.

Of course i'm only speaking from my own experience, but the hours are long and can be fairly unsociable depending on what instruments your desk trades. I would say it is more frustrating than stressful. As for losses, thats a prerequisite with trading, the idea is to minimise losses and maximise gains, you have to realise your not going to win every time.

Personally, I would recommend it as a career as it can be very rewarding and is much more interesting than most other careers.

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