Quote from icarus618:
I left a "career" to trade full-time. I consider what I do to be the antithesis of having a career. For me, it doesn't resemble anything like work and is the funnest thing I've ever done. The activity that most closely resembles it is playing a super cool video game as a kid (think Asteroids). What makes trading really great is that the game never gets old even as I get better and better and the score represents not merely points but dollars.
This comes the closest to how I think about it. Yes, I too basically left a "career", in fact my own designer & art business, to do this full-time. And yes, some days when it's hot, I get up in the morning, just trade in my boxxers, then go down the beach which is right across from my apartment, have a swim, go back and trade a bit more, it's great.
As for the "video game factor"; That's exactly how I think about trading. Matter of fact, I was a ace video gamer for like over a decade, did comps and stuff, had my highscores in gaming mags and arcades, you name it. My brother (he's quite a few years older than me) never got over gaming, he's got every decent console and PC game currently on the market. He's known in gaming circles as "fuxya", because that's what he does.
Myself, I got over video games about 3 years ago. To recall, I think it happened the same day I started trading. One thing kind of just replaced the other. I started trading Naz stocks off Lv2 and tape, so that made things even more video-game like. It was a game, and I quickly learnt to play it.
These days, I only trade futures, and usually for larger gains and less trades, but it's still totally like a video game. I now trade DAX, BUND, ESTX, ES, NQ, HSI, and they're all quite similar in many ways. Just different landscapes in the game.
Somebody on this thread (not sure who it was) made some very immature, judgmental, not to mention uninformed comments on the video game analogy. Well, whoever said that, I think is on the wrong track. Trading is a game, and if you take your doings any more serious than that, chances are you'll take a beating. Matter of fact, Dr. Van K. Tharp himself summarized in "Market Wizards" the five most common traits he's found amongst the "supertraders", and one of those five is "Trading is a game." Anybody here want to argue with Tharp's analysis?
In fact, that bumps me onto the best advice I could give any trader-to-be: Forget the money, and focus on the game. Focus on improving, getting higher and higher scores, playing the game 100% to the rules and develop decent strategies to knock out the other players. When you get ace at the game, the money will come by itself. Money sticks to good players like feathers to tar.
I can't and don't want to see much difference between playing a MUD online with lots of other opponents, or trading. Now don't anybody say "Yeah, but there's money behind trading." What a pile of crap, there's money behind everything, including the time you waste playing online games (time = money). Forget the money and play the game, you'll do so much better.
At the end of the day, it's more about attitude than anything. Seeing trading as a game is the best attitude I can think of.
Just thought I'd throw this in here. Am I happy with my career? Of course I am!
Scientist