OK. Let's cut the bullshit. The question "Will I still be trading at 65?" really means "Will my dick still get hard at 65?" The answer? Yes, you can still trade at 65.
Any Day Trader Over the Age of 65?
- Thread starter schizo
- Start date
Quote from bighog:
There is more to life than trading.
Seeking perfection will not produce more profits. Maybe ulcers. Stress motivates some, hinders others. Seek courage NOT perfection.
Faster chips and bigger hard drives will not produce more profits. We actually have reached the point where upgrading computers are at the point of diminishing returns. Windows XP still gets the job done as example, How old is that?
Scalping as a strategy can be an insanely profitable strat in the right hands compared to taking less trades per day. A persons own scalping strat can not be defined by others because there is no "single" definition outside of the pits, a pit local with membership is not the same as some retail guy claiming to be a scalper. Increasing size matters if you can handle it, the number of trades is not the answer. The strat and tactics matters.
Forget research, all the answers are out there in GOOGLE. What is not available on GOOGLE is how you as an individual improve your own performance...........if you are going to do any research..............RESEARCH YOURSELF.
The only problem with age, is remembering the things we used to do, like chasing skirts, letting her catch you, physical stuff. The advantage of age is you work less for more, you use your brain first, you avoid the scams and the impulses that were fun at a young age but wasteful and foolish when older and wiser. ( for you guys that only chased trailer park bimbos, the real sexy great chicks are the ones that are even smarter than you are......they are the ones that float your boat and they KNOW what they want, Bimbos are just seeking you as a meal ticket, that is no fun)
Another advantage of age for a trader is knowing the new blood will keep coming in because this game is such a fantastic draw to become rich...............that is what keeps the game going...........a steady flow of losers to keep throwing in their chips.
Older guys that have been around know this is a losers game. The key to winning a losers game is to find your niche and just milk it. If you try to defeat a losers game you will only defeat yourself.
Youth is great, do not waste it, the difference between most younger people and older people is the older people "have been there and done that." Do not fool yourself, the quality of life for everyone on this planet has been going downhill. Sure, some can improve their individual status but as a whole...........things are not as beautiful as a few decades ago. Many will not understand that,..................not yet anyway.
here's is a silly little story about age and what to expect ...
when i first walked into a cafe near my condo to meet J from NYC.. he was the only caucasian there, so it's easy for me to know he's J but for about 30 mins i was sitting opposite of him ..he'd no idea i am the ones he is waiting for because i told him i am in my 40's and so i guess he was expecting to meet an old lady. During that 30 mins of waiting, he did looked at me many times but from his looks can tell he's waitng for a person..finally i walked over and introduce myself... he face turned into a red-tomato and we laughed so hard..
(he worked in asia now)
Age is just a mental game...
i am in my 40's but looked liked 30 not because of botox but because of my mum good-genes and thanks to my yoga, swimming
and brown rice, veges and fruits and how i live my life.
i was a total "disaster" when i was young..then i turn over new leaf ..
yes... the Greatest Research I have done is to "Research Myself" and once i found and master myself .. the rest is history..i never swear at the small stuffs again.
and Yes Sir, There is more life than trading ..when i was in my 30s i travelled/visited many countries..Some people thought I was crazy ..why wasted so much money and times on travelling instead of making $ in trading? Especially country like Nepal or Bhutan or Africa..some people are not interested in the so-called 3'rd world country.. well..they don't know what they're missing.. some of the most beautiful faces & souls i have seen are from these countries.
The world is not getting more beautiful as before and mankind went down-hill.. to pursue $ and power is a never ending game ..
so when i am 65 or maybe sooner, i will do charity work full-time.
p/s: for some reasons, you reminded me so much of my mentor (very smart and wise)
Great thread and excellent insights from all you seasoned traders out there.
Cheers,
Max
Cheers,
Max
You have been trading since you were 3 years old???
