I walked away from trading with nothing after more than five years.

GeorgyHoldsworth said:
Hey, I used to be on this forum and traded the market, full time, from one massive peak (2008) in Energy till another (a few years back).

I traded with Oanda, IB and, later, a Chicago futures firm...

Sure I had all the hardware, software and knowledge about contango, findangdo and fupwhipfah; but despite heavily investing in trying to earn a living trading I walked away with nothing.

Here's what I learnt:

1. The past cannot be used to forecast the future.
Trying to do so is a form of "divination".

2. I never had enough cash to be a capitalist.
If, for example, I bought McDonald's Corporation stock;
To purchase an annual income yield of $40k I'd need to buy $1.7m of stock.

3. If I even had $40k now then I'd buy a pick-up truck, some garden tools, print my name on some leaflets and put them in letter boxes myself.
Why? because then I'd be investing in myself... and I'd be a capitalist who truly owned the assets which yield profit.

4. In relation to the above; women actually prefer regular men with work-stained clothes over screen addicts with big bank balances. It's in their nature.
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A very wise decision, daytrading is a brutal way of making a living. The odds are highly stacked against you, whereas many guys have become millionaires running simple businesses in cleaning, hamburgers, pizza's, plumbing, etc. Hell, the richest guy in the world started out selling books per mailorder.
 
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GeorgyHoldsworth said:
despite heavily investing in trying to earn a living trading I walked away with nothing.
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Hopefully you won't regret it.

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Xela said:
Much though some of you might sometimes try to reduce us to a cultural stereotype, the reality is that we vary, guys. Just like you do.
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Especially if the woman is a Libra. Then it isn't just variation, but insanity. (Trust me, I know.)
 
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