How obsessed are you with the markets?

BONECRUSHER · Sep 15, 2016

I have to obsessed about something that I consider a big payoff. Something I don't mention, is the time I spend on INVENTION IDEAS...which I won't speak of on this site. I remember obsessing over statistics of baseball and football players when I was a kid, studying and memorizing all the numbers. I was playing fantasy sports before it was ever created.LOL

Apophenia · Sep 15, 2016

If it's not with the market ... It's ET or it's FB or it's TWTR, Mathematica or Excel ... Got to step back. Love this quote :

The paradox of the financial world is that only when you are glad to you do you have freedom, happiness and the ability to attain success easily.

Gezunt · Sep 15, 2016

Threads like this make me shudder in fear for the posters financial future.

The market holds the most attraction to those least suited for it. If u are obsessed or love the market, you will fail.

BONECRUSHER · Sep 15, 2016

Gezunt said:
Threads like this make me shudder in fear for the posters financial future.

The market holds the most attraction to those least suited for it. If u are obsessed or love the market, you will fail.

You shouldn't use such absolutes in your statement. There are exceptions. I've been trading +20 years and I consider myself to be a scientist of the financial markets. I think Handel 123 would apply as well. I do agree, if a trader is obsessed and doesn't have a clue to what their doing, it can be disastrous to their account. Heck, they could have no passion for trading and not have a clue...still disastrous. Question: does obsessive drive in a trader lead to "putting the work in" that is necessary for achieving success in trading? I wonder how many put the "work" in using a less intensive approach? Just my thoughts.

profitlocker · Sep 15, 2016

Gezunt said:
If u are obsessed or love the market, you will fail.

Tell that to Jim Kramer

comagnum · Sep 15, 2016

Trading has never been my passion - trading to me is all about gaining more time to do the things I like. When my trading is over I race off to my favorite beach and hit the waves. It keeps my head in Zen mode - which helps me trade better and stay chilled out.

propwarrior · Sep 16, 2016

Gezunt said:
Threads like this make me shudder in fear for the posters financial future.

The market holds the most attraction to those least suited for it. If u are obsessed or love the market, you will fail.

show me someone who is wildly successful at any business endeavour who isn't obsessed about it.

sprstpd · Sep 16, 2016

profitlocker said:
Tell that to Jim Kramer

According to Cramer, Lenny Dykstra is "one of the great ones":

DHOHHI · Sep 17, 2016

qxr1011 said:
not obsessed at all

its a job environment, that's it

Agree re: job environment. I'm 'focused' on trading but nothing more. I don't know many people in traditional careers who are obsessed about Accounting, Engineering, Teaching, etc. To be obsessed in my opinion is a bit over the top and perhaps detracts from a balanced life.

Gezunt · Sep 17, 2016

propwarrior said:
show me someone who is wildly successful at any business endeavour who isn't obsessed about it.

Trading is not a business. Trading is one aspect of the "financial business". Obsession with trading is not a good sign for success. Obviously, there are some exceptions, but the rule is if you are obsessed with trading call 1-800-Gambler and do it NOW!