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So if I were to put on my resume "July 2010 - October 2014, Self-employed daytrader" you think I'd have a better chance??
FWIW, the daytrader isn't the issue, pushing smokes is.
Not in a million years would I let get a resume from a tobacco pusher get past the shredder at our organization.
What happened trading? Got squeezed on a short and had to cover into a huge loss?
FWIW, the daytrader isn't the issue, pushing smokes is.
Not in a million years would I let get a resume from a tobacco pusher get past the shredder at our organization.
What happened trading? Got squeezed on a short and had to cover into a huge loss?
That's pretty ****ed up. Hope you end up unemployed and discriminated against.
So here's my situation...my last job I was a territory manager for a major tobacco company. I worked there from 2007 until 2010 when I laid off due to a restructuring. At the time I was trading stocks and doing well with it. Well enough that at some points I was making more money than when I had a job. So I just kept at it and didn't pursue another job.
Well, I took a huge hit on my stocks and lost A LOT of money! So now I am in need of a job. What the heck do I do?? I can't just turn in a resume that shows my last job was in 2010, employers would look down on that.
I thought about just making up a job that I worked at the last 4 years, and say it was overseas in another country. How would they verify employment then? They wouldn't call a company in another country to check, would they?
I think that getting a job as a management consultant would be easier than getting a job. Consider making the day trading thing a full time pursuit while you were unemployed.
Totally agree with using daytrader as recent employment. If you are still struggling to find a job, why not consider volunteer work or if you're young enough, internships? That way people can personally see your work ethic and consider hiring you. That's what happened to me. In any case best of luck!
A friend of mine trades stocks, not a day trader, as he stays in the positions for months. His account has done very well over the last 6 years. This year, he was contacted with a job offer by the brokerage(one of the top 5 largest brokers) holding his account. He's hasn't had a day job in 6 years. He declined the job, since he doesn't want a real job.
Go figure. One guy sees stock investing as shameful and a need to lie, while other people are getting job offers based solely on stock trading with no resume or work history.
Last edited by move4ward; 10-05-2014 at 11:11 AM..
So here's my situation...my last job I was a territory manager for a major tobacco company. I worked there from 2007 until 2010 when I laid off due to a restructuring. At the time I was trading stocks and doing well with it. Well enough that at some points I was making more money than when I had a job. So I just kept at it and didn't pursue another job.
Well, I took a huge hit on my stocks and lost A LOT of money! So now I am in need of a job. What the heck do I do?? I can't just turn in a resume that shows my last job was in 2010, employers would look down on that.
I thought about just making up a job that I worked at the last 4 years, and say it was overseas in another country. How would they verify employment then? They wouldn't call a company in another country to check, would they?
Just say you were self employed with day trading and then maybe make up something else. For some reason I would be skeptical if someone said they made a living day trading for the past 4 years.
Just say you were self employed with day trading and then maybe make up something else. For some reason I would be skeptical if someone said they made a living day trading for the past 4 years.
I have to agree with the part about making something else up.
If you are going to be applying for jobs that are directly related to your day trading (ie stock broker, etc) then putting on your resume that you were self-employed day trader would probably help you...unless they wanted proof of all your trades and saw you lost a lot of money then they might think twice about hiring you as a trader.
Now if your going to try and get a job in a totally different field then just putting that you were a self-employed day trader might not even get your resume past the trash can. I have a friend who was self-employed for several years and after the recession his business was no longer profitable so he decided to close it and find an office job. He applied to many jobs but never got an interview and he is college educated and had good experience from running his own business for years but that didnt seem to matter.
Finally, he hired a hiring/resume coach who basicly told him that putting self-employed on a resume was seen as a black mark by many HR people because they thought it meant the person would be too independent thinking for a company and would not be easily molded to a company's work views and would possibly leave the company if they decided one day to start another self-employed business. He also said that HR people did not like the fact that it was harder to verify a self-employed person's past work since there would be no HR person for them to call. The hiring coach told my friend that instead of putting on his resume that he was self-employed he should put it as regular employment and list himself as a manager of the business instead of the owner. He also gave him tips about how to get someone to verify his employment so it would appear to be a regular employment job instead of self-employment.
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and lost A LOT of money! So now I am in need of a job. What the heck do I do?? I can't just turn in a resume that shows my last job was in 2010, employers would look down on that. 
