Thursday, January 27, 2005
Man! what has it been like a week since I did anything real online? Yeah, I guess so. I've gotten on briefly to check on a couple of things, but for the most part, I've done nothing. Working all day on a computer is having an effect on me I guess.
Heck, I'm only online now because I wanted to watch the stock market. I've just been sitting here playing solitaire, writing down the trades that I would have made. Now you may ask yourself why am I doing that? Well, the truth is that I don't have enough money to day trade, but if I ever do, then I want to be able to be comfortable with it. I could day trade now, but fees to do trading would eat me alive. If I do only one trade a day that's 14 dollars. I pay seven dollars to buy and seven dollars to sell a stock. That's 14 dollars. Now, if I've got 1,400 dollars getting a one percent return per day, I've spent my entire profits on fees. I've also still got to pay taxes on money that I never got to see.
Now let's say that I have 20,000 dollars. That one percent comes to 200 dollars. Suddenly it doesn't hurt to make five or six trades a day. Right now, I am looking at two strategies. In one I have not made much money and have made seven trades. On the other I have gotten about a percent and have made three "trades." So, I'm thinking now that less is more.
Of course, I'll still have plenty of time to play around with it before I ever get to 20,000 dollars.
Of course, this past week has been an exciting one. I've been working a lot. It's been the end of the quarter. I've gotten a lot closer to hitting the close rate that I need to get hired on at Dell. I needed a close rate of 24% to qualify. I got to 21 percent, but I also spend the first two weeks with pretty poor rankings. I'm not sure that I could have pulled it out. After that, I've got to start hitting my margin rankings, but that should be easy. I've got five metrics to hit, and two of them I have down well. If I can get this close rate, it'll be money in the bank.
Of course, getting a later shift won't be easy. I've got to start going in an hour earlier Saturday. I will also be off Wednesdays and Sundays. I don't mind the days being split up. At least I have Wednesday to get all my running around done. I would also like to have another weekday to watch the stock market.
It seems like the people I work with want to work Monday through Friday 7 to 4. That way they can be off weekends, but then what if you need to go to the bank? You've got half a day on Saturday to get there. Forget sleeping in. Or get your oil changed or tires rotated? Or just need to get to see a lawyer. You only get to miss eight days a year with Dell. I hope that your kid never gets sick.
We lost two more people this week from my training class. If memory serves me, that makes eight out of 24 gone. One had missed too many days. She quit before she got fired. That way she can come back in three months. One got a job at the Verizon call center. It's $12.50 an hour and closer to home, but if I get to be Dell badged, $12.50 an hour is chump change.
There are a couple of other people talking about quitting as well. I plan to see if I get on a Dell first. I have to qualify for two months in a row. The way I see it if I don't qualify in my fifth month, then I can look for a job in my sixth month.
I've been watching a few movies, but I'll save that for another post.
Later...
Heck, I'm only online now because I wanted to watch the stock market. I've just been sitting here playing solitaire, writing down the trades that I would have made. Now you may ask yourself why am I doing that? Well, the truth is that I don't have enough money to day trade, but if I ever do, then I want to be able to be comfortable with it. I could day trade now, but fees to do trading would eat me alive. If I do only one trade a day that's 14 dollars. I pay seven dollars to buy and seven dollars to sell a stock. That's 14 dollars. Now, if I've got 1,400 dollars getting a one percent return per day, I've spent my entire profits on fees. I've also still got to pay taxes on money that I never got to see.
Now let's say that I have 20,000 dollars. That one percent comes to 200 dollars. Suddenly it doesn't hurt to make five or six trades a day. Right now, I am looking at two strategies. In one I have not made much money and have made seven trades. On the other I have gotten about a percent and have made three "trades." So, I'm thinking now that less is more.
Of course, I'll still have plenty of time to play around with it before I ever get to 20,000 dollars.
Of course, this past week has been an exciting one. I've been working a lot. It's been the end of the quarter. I've gotten a lot closer to hitting the close rate that I need to get hired on at Dell. I needed a close rate of 24% to qualify. I got to 21 percent, but I also spend the first two weeks with pretty poor rankings. I'm not sure that I could have pulled it out. After that, I've got to start hitting my margin rankings, but that should be easy. I've got five metrics to hit, and two of them I have down well. If I can get this close rate, it'll be money in the bank.
Of course, getting a later shift won't be easy. I've got to start going in an hour earlier Saturday. I will also be off Wednesdays and Sundays. I don't mind the days being split up. At least I have Wednesday to get all my running around done. I would also like to have another weekday to watch the stock market.
It seems like the people I work with want to work Monday through Friday 7 to 4. That way they can be off weekends, but then what if you need to go to the bank? You've got half a day on Saturday to get there. Forget sleeping in. Or get your oil changed or tires rotated? Or just need to get to see a lawyer. You only get to miss eight days a year with Dell. I hope that your kid never gets sick.
We lost two more people this week from my training class. If memory serves me, that makes eight out of 24 gone. One had missed too many days. She quit before she got fired. That way she can come back in three months. One got a job at the Verizon call center. It's $12.50 an hour and closer to home, but if I get to be Dell badged, $12.50 an hour is chump change.
There are a couple of other people talking about quitting as well. I plan to see if I get on a Dell first. I have to qualify for two months in a row. The way I see it if I don't qualify in my fifth month, then I can look for a job in my sixth month.
I've been watching a few movies, but I'll save that for another post.
Later...
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