Professional trader?

[Kai]

It's the 3rd anniversary of this thread on Saturday.

Choosing a job title is harder than actually becoming whatever it is we became.

That's sort of the beauty of it, can pick yer own titles, I had these for a while

[Seth]

Anyone using the term professional is usually doing it because they're selling something or other. I've made my living doing this for a fair few years but wouldn't ever dream of calling myself a 'pro' or 'professional' trader. The thought of referring to myself as a pro trader just makes me cringe. Anyone asks I usually say I make a living gambling, explaining sports trading to the uninitiated is a nightmare at the best of times and best avoided.

[footysystems]

Anyone using the term professional is usually doing it because they're selling something or other. I've made my living doing this for a fair few years but wouldn't ever dream of calling myself a 'pro' or 'professional' trader. The thought of referring to myself as a pro trader just makes me cringe. Anyone asks I usually say I make a living gambling, explaining sports trading to the uninitiated is a nightmare at the best of times and best avoided.

Because it's still taboo that any lay about can make money from betting or trading. My wife is one of them

[jamesg46]

Being a professional trader is similar to being a professional footballer. Your skill defines the level you’re playing at & the money you earn. There are traders that make 20k a year & ones that make 20k a week. Tom Pope is no less a professional than Ronaldo but by god they’re a world apart in ability and earnings.

[andy28]

I must be a professional trader because at the top of my screen it says Bet Angel - Professional v1.58.0

That's close enough for me

[Derek27]

I've got a professional window cleaning kit.

[Derek27]

Why do people have private jets? Just call it a jet - nobody has a private car.

[ShaunWhite]

This job title malarkey is a pain in the ass. It's OK making stuff up in the pub but I've just spent 5mins explaining my 'job' to my solicitor only to be told it doesn't matter anyway its just for their files. So the business card reads..... "hmrc call it gambling but its just buying and selling risk like you do with shares but because I'm not working for a big company it doesn't even count as a proper job"

[Tuco]

"market shÂrk"

[Euler]

A friend of mine likes winding me up in social situations by getting people to ask me what I do for a living as it's really unsual. So once I told everybody I was a porn star.

[Derek27]

This job title malarkey is a pain in the ass. It's OK making stuff up in the pub but I've just spent 5mins explaining my 'job' to my solicitor only to be told it doesn't matter anyway its just for their files. So the business card reads..... "hmrc call it gambling but its just buying and selling risk like you do with shares but because I'm not working for a big company it doesn't even count as a proper job"

You can always fall back on Lister's job title in Red Dwarf, when asked for his occupation in court: Bum.

[ShaunWhite]

You can always fall back on Lister's job title in Red Dwarf, when asked for his occupation in court: Bum.

The DWP thought I was one so that should be OK with the HMRC.

[Derek27]

Bolivian Liga de Futbol Professional???

FFS, why does a top league for the nation need to add the word 'professional'? It doesn't even fit in my drop-down box!

[alexmr2]

Refer to the official Betfair ranking scheme based on lifetime P&L

<£0: Keep Trying
£0-10k: Amateur Trader
+£10-100k: Intermediate Trader
+£100-250k: Professional Trader
+£250-1 million: Master Trader
+£1-5 million: Angel of Trading/Betting Angel
£5 million+: Mega Angel of Trading/Mega Betting Angel
£1 billion+: Berry/Badger Trading God

I found the simplest explanation is to say that you do some work with the odds on the Betfair website and they will either assume you work for BF or ask for more details, in which case you can say something along the lines of you update the odds when things change such as a jockey falling off a horse or a football team scoring a goal

[Kai]

Refer to the official Betfair ranking scheme based on lifetime P&L

<£0: Keep Trying
£0-10k: Amateur Trader
+£10-100k: Intermediate Trader
+£100-250k: Professional Trader
+£250-1 million: Master Trader
+£1-5 million: Angel of Trading/Betting Angel
£5 million+: Mega Angel of Trading/Mega Betting Angel
£1 billion+: Berry/Old Centaur employee Trading God

I found the simplest explanation is to say that you do some work with the odds on the Betfair website and they will either assume you work for BF or ask for more details, in which case you can say something along the lines of you update the odds when things change such as a jockey falling off a horse or a football team scoring a goal

Close enough Alex

>£0: Pro Trader
-£0-10k: Unlucky Gambler
-£10-100k: Youtube Trader
-£100-250k: Unders Scalper
-£250-1 million: System Seller
-£1-5 million: Inplay Racing Trader
-£5 million+: The Bomber
-£1 billion+: Martingale Expert