Background info;
I have been profitably trading Forex for several years now and when the economy started to sour, I found that I wanted to take longer and longer term positions. These positions required less and less time to monitor and adjust, which gave me more free time than I was use to so I decided to take a position as a contract worker about a year ago.
I have been able to work extended periods of time and still maintain my trading edge.
The situation;
I see some fantastic opportunities that others in the industry can not see, and I have enough time, experience, money and skills to own a business again and exploit these opportunities.
I am concerned that I might be committing too much of my resources for emotional reasons and not for practical reasons considering the fragile state of the world economies. Also I would probably have to quit trading to have enough time to develop the business properly.
Do you think I should start this business?... Or... Should I continue trading and let this opportunity go? Why?
I have been profitably trading Forex for several years now and when the economy started to sour, I found that I wanted to take longer and longer term positions. These positions required less and less time to monitor and adjust, which gave me more free time than I was use to so I decided to take a position as a contract worker about a year ago.
I have been able to work extended periods of time and still maintain my trading edge.
The situation;
I see some fantastic opportunities that others in the industry can not see, and I have enough time, experience, money and skills to own a business again and exploit these opportunities.
I am concerned that I might be committing too much of my resources for emotional reasons and not for practical reasons considering the fragile state of the world economies. Also I would probably have to quit trading to have enough time to develop the business properly.
Do you think I should start this business?... Or... Should I continue trading and let this opportunity go? Why?