Fulltime trader loner?

Quote from wrbtrader:

karoshiman,

I know very little about the OPM route. Thus, I can't really comment about it other than to say that one doesn't need to go OPM to treat their trading like a business.

I once worked part-time and as an intern for a fortune 500 company prior to becoming a full-time trader. Thus, I had a roadmap (e.g. member of projects) of using the experience and it wasn't too difficult to incorporate such into the profession of trading.

Today, I'm close friends with retail traders, institutional traders, business folks that work at the exchanges that are not traders...a few are family members. Thus, its very easy for me to see projects in trading and how to incorporate a little of such into my own trading.

Thus, maybe that's why when I'm hanging out with another trader...we don't talk trading. In contrast, if I want to talk trading with folks I don't know in person...I do it at a discussion forum, twitter, skype, chat room or social media just like I am doing now in this message post. After all, this forum is a place for most folks to meet others in the same profession and talk about whatever (e.g. trading, politics, religion, career and so on).

Yeah, if one of my trader friends I know in person wants to talk trading...telephone or backyard barbecue is perfect for such. If I need advice on a topic, I'll use any network or resource available including my own family, college pals and former co-workers. :D

Anyways, the OP message seemed a little odd because if someone is collaborating online with others in the same profession...why is trading to him/her a lonely experience. Thus, maybe he/she is talking about "in person" experience or feels that trading will isolate him/her from family & friends. Maybe there's something there family related not mentioned.

Reality, trading is not a profession that isolates someone and if someone is isolated...it's by choice or physical/mental condition.

P.S. There's hundreds of other professions that folks work at home doing...same thing too for them.
More...

Agree. Especially to the last 2 sentences.
 
Being a profitable pit trader back in the day must of been awesome.

Other traders to share the up ands and downs with and to celebrate with after a good day.

At home trading: after a good day maybe i take the wife and kids out for a nice meal which is cool too, but not quite the same if you really want is too enjoy a few drinks. Your regular drinking buddies probably wont be available on such short notice, so it has to wait until the weekend.
 
it can go both ways, the only fulltime successful trader I know only trades stocks and bonds, and has always had an office in his home, but he married a very conservative woman and lives life exactly the way she thinks it should be lived. They take a vacation every year wherever she thinks would be good. Never misses a family function. He's really quite passive when it comes to sociability, drives the kind of car she thinks is appropriate, lives in the kind of house and neighborhood she thinks is appropriate.

I can call her at anytime and she will schedule an oldtime reunion, where she will let him go out and meet me at the bar.

We get together about every five years.

Man, over the years, the kind of positions he has on are just staggering

me, on the other hand, is and always have been a small time hermit, even when I was married I was living alone

when anybody asks, the stock answer is, "I am involved in the financial markets."

the funny thing is, one time I had a really successful completed forex trade, and went to the bar to celebrate. I posted about it here on ET. And there I am out in the stix at this little bar, just trying to be normal, and the lady that sat down next to me was an RIA from Cincinnati, and she was there because she had just taken a large position in BAC, and it wasn't working out too well.
 
Full time manual trading scares the shit out of me. It was effecting health and my relationships in a very bad way. Unfortunately, I had a solid 10 years in before I realized this.

Automation is a different story altogether. Trading doesn't have to be destructive. Just find your path. But finding that path can be excruciating. Been there.
 
Quote from jnbadger:

Full time manual trading scares the shit out of me. It was effecting health and my relationships in a very bad way. Unfortunately, I had a solid 10 years in before I realized this.

Automation is a different story altogether. Trading doesn't have to be destructive. Just find your path. But finding that path can be excruciating. Been there.
More...
there was a time recently, when my forex trading became so mechanical, that I inquired about automating

but everytime I think I have it figured out, something new comes along

and only the human mind is quick enough to realize it

wouldn't it be nice if you could check your computer print outs each morning and adjust?

then you could be a complete loner
 
Quote from ofthomas:

+1 ... like everything in life... :)
More...
well, except, if you have tried everything else in life, and you find the only thing you truly enjoy is trading
 
was watching that movie "The Last Samurai" last night

these people created a very peaceful life

they never got involved

their only purpose in life was to fight

they really didn't give a shit if they won or lost
 
Quote from oldtime:

was watching that movie "The Last Samurai" last night

these people created a very peaceful life

they never got involved

their only purpose in life was to fight

they really didn't give a shit if they won or lost
More...
you really have to wonder if some thinking wife said, "You know old man, you aint getting any younger, and it is just a matter of time before you blow up (get killed), perhaps maybe we should invest a little for our old age?
 
Quote from oldtime:

you really have to wonder if some thinking wife said, "You know old man, you aint getting any younger, and it is just a matter of time before you blow up (get killed), perhaps maybe we should invest a little for our old age?
More...

Yo OT, I figured it would just be a matter of time before you joined this discussion.

Leave the wives and ladies out of it. Complicates things too much.
 
You must log in or register to reply here.
Back
Top