How will you the hiring managers see this situation:Due to multiple company issues, the very senior management decided to close our desk. I am a prop trader and have been doing speculative buy / sell on the short term commodities for nearly 4 years. Before that I came from banking IT & quant area.Feeling that I got burnt out - if you work for 10 years non-stop, you may have the same feeling - I want to take a month break / sabbatical / just to rest and probably do some travelling. I also want to start a company to trade the same thing with a colleague. We will need to pay for market access / setup which will take about two months and need to be fully committed to it for a few months at least after everything is setup properly. We won't have the full market access but only partial access due to cost / collateral issues.My question is, how will you the hiring managers see this situation? If our company fails in half a year, surely it will look bad, but to what extend it will be bad - will I not be able to find a job again? There are a lot of other trading houses trying to arrange interview with me (I have 7 companies on my list) although some of them are surely for the competitive intelligence (aka to fish out trading strategies without hiring, you are the walking talking free trading consultants). Making big money in my area is slim (the golden age to make 10 mio per year is gone due to competition and 2 to 4 mio per year is nothing for a large trading house) and it means I will be on a base salary and hardly any bonus - the senior people will talk bullshit to increase our cost to bring our pnl to negative anyway. I used to have 6 screens with a couple of self-made Excel spreadsheets which cost 10 mio per yearSo I have the following choices:1) Set up a company with colleague and trade from home - it may be successful or fail in half a year2) Work in another trading house - let the management screw me every compensation day next two years then got fired again3) Became a mid office quant / FO fundamental analyst4) Go back to ITPlease advise,

I have hired people (well, at least one) who took time off to trade without success, and I know others who have also landed a plan B job. And I know a couple of people who went off trading on their own and never looked back. So if you want a cheerleader - go for it!

Do 4 outside of finance, preferably as a contractor, while you also do 1....Move to the beach.

You don't do algos, just click-trade, right? If so, what seems to be the problem? Even if you make 4 mio a year click-trading and your Sharpe is decent and you don't require a lot of capital, there will be some prop shops that can pay you back up to 50% of that and some even more. Send me a private message, we can chat.

BankingAnalyst, sorry, why were they charging you 10 million a year for 6 screens and an Excel license?

I hired an ex-trader from a top brokerage firm . He wanted to get in Risk BAU area because he was also feeling burnt out and wanted a change. Within a month , he p*ss*d off the existing traders and Financial engineering teams so much that I had to give him a warning. 3 months later, he himself quit. Why I am saying this is that, do what you think could do the best and which will keep the momentum going from your current role . Switching back to IT or a fundamental analyst might be a turning back situation which you may not like.