No, I'm not married or have any kids. Yet, anyway. Hopefuly not any time soon either.
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How to convince wife to let me trade full time?
- Thread starter Hardo
- Start date
No, I'm not married or have any kids. Yet, anyway. Hopefuly not any time soon either.
Quote from volente_00:
How about he stay at home and trade and be there with the kids while his wife goes and gets a stable job.
i think this is the best solution. i tried it, it worked up until she wanted to have kids and quit her job. once that happened, the shit hit the fan and it was all downhill from there, especially when the last recession hit. so there is no perfect solution. your marriage has to be solid enough to manage the risk, and most aren't.
but then i made enough money from the dot com boom and trading dot com stocks to have my wife take four years off to have babies, and i played tennis all day, so what the hell do i know? lol.
if i had to give advice, and i regret this already, it's not to. if you were a great poker player, would your wife support that as your "job"?
i doubt it. she'd divorce you. take your kids. and you'd be stuck in vegas right now grinding out a couple hundred bucks a day thinking you're going to be the next chris moneymaker.
do it as a side hobby, manage your account from your desk at work, keep your paycheck, and make sure your wife keeps her end of the bargain.
remember, she gets half, no matter who made it.
Quote from TRYKtrading:
i think this is the best solution. i tried it, it worked up until she wanted to have kids and quit her job. once that happened, the shit hit the fan and it was all downhill from there, especially when the last recession hit. so there is no perfect solution. your marriage has to be solid enough to manage the risk, and most aren't.
but then i made enough money from the dot com boom and trading dot com stocks to have my wife take four years off to have babies, and i played tennis all day, so what the hell do i know? lol.
if i had to give advice, and i regret this already, it's not to. if you were a great poker player, would your wife support that as your "job"?
i doubt it. she'd divorce you. take your kids. and you'd be stuck in vegas right now grinding out a couple hundred bucks a day thinking you're going to be the next chris moneymaker.
do it as a side hobby, manage your account from your desk at work, keep your paycheck, and make sure your wife keeps her end of the bargain.
remember, she gets half, no matter who made it.
I think the best solution is to marry someone who believes in you and sticks to the vows of through good times and bad. Easy to say, hard to find that one.
I can tell you this, if your wife supports your dream, the odds will be tilted greatly in your favor from the start. Just don't show them the PnL everyday because women like stability and if you do expect to get grilled for a bad day. Most don't understand trading and how quickly you can give yourself money or give your money away. If they ask, the best answer to give is
"I followed my rules and I did ok" whether you made or lost money that day.
Quote from volente_00:
I think the best solution is to marry someone who believes in you and sticks to the vows of through good times and bad. Easy to say, hard to find that one.
I can tell you this, if your wife supports your dream, the odds will be tilted greatly in your favor from the start. Just don't show them the PnL everyday because women like stability and if you do expect to get grilled for a bad day. Most don't understand trading and how quickly you can give yourself money or give your money away. If they ask, the best answer to give is
"I followed my rules and I did ok" whether you made or lost money that day.
i DID marry that girl. but when the recession caught us blindsided, she turned into someone else. and smart for it, because she made the decision i couldn't, or pride wouldn't, let me make.
so in retrospect, i guess my point is, be smart.
no amount of money, glory, anything, is worth losing your family.
because if you have to expect someone else to carry you through the bad times, then you shouldn't be with them in the first place and on your own.
Quote from Ghost of Cutten:
If the human race consisted entirely of people who think like you do, then we'd still be living in mud huts and communicating in grunts.
Not exactly. Name one scientist that quit his job while he had kids to make a discovery. None. Following your dreams and not taking care of your family are two different things. This is not a comment directed at OP....your statement is just incredibly asinine and unfounded.
There was a quasi philosopher who was a pretty shitty husband, his name was marx, and the world would be a better place if he had gotteb a job.
Quote from Hardo:
Here's the situation:
The way I look at it is it is only $200 to $300 a day average to make this kind of money. .
oh yeah it's real easy , only $200 a day. Everyday, all your life.
Like clockwork. You live in lalaland but don't know it yet, that said all of us probably pretty much went trough the same thinking.
Quote from Hardo:
I do intend to keep my job or a job and continue to trade on the side to build my nest egg. I just was throwing the idea out because come July there is a real possibility that I won't have a job. I like the idea of and what I will probably do if I do lose my job is trading in the morning and job searching in the afternoon.
Sounds like a fine plan to me.
This thread is about the state of marriage in the US... a man has to get his wife's permission to change careers? You might carefully consider her opinion but if some American Bitch [AB] is saying you need her permission then that's a bad marriage... Do like the Mob guys do, don't tell the AB what you do for a living, get it? Let her figure it out and if she complains, spend more time with the girlfriends and less time at home... I was married to one of those AB's for way too long, after they get tired of trying to dominate over everything they will kick you out but you will have a half dozen Gal Pals [GP's] in no time and you will wonder what you were ever thinking.... a half dozen GP's are way better than one AB, believe me...