I'm burnt out

Quote from will848:

I started swing trading about 4 years ago, made about 40% of my savings in the first 3 years. Then lost about 1% last year. It used to be fun, but now it's just tedious and I'm tired of it.

I don't know if I can quit though. I'm planning to quit my job, and trading, in a few months to take a gap year. But without investing in something, I will think about how I'm being left behind every second. It feels like it's consuming me.
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I know I'm a couple of months late on this thread, but, gosh Will, you're making 40% in 3 years? That's like 12% per year compounded. Most mutual funds can do that. It's no wonder you're getting burnt out. You've been at it for 4 years and haven't even doubled your money.

As a fellow swing trader who sits at the computer about 30 minutes a day and enjoys a rich social life, exercise, travel, and a number of other hobbies and interests, I think your issue is that you feel like you want trading to take you somewhere and it's just taking so gosh-darn long to get there. If you can't be happy in the process, you will burn out. Either get some distraction in your life in the form of other pursuits to increase your level of patience, or start making a ton more than 12% per year. I mean, what is it you really want? An early retirement? It's never going to come fast enough at 12% per year. I think your burn out is coming from "deferred hope." You want trading to do something for you that it's not doing fast enough.
 
Quote from fanews:

You've been in the market for 12 years and still daytrading?

If you had just bought $100,000 worth of shares of apple in 2002 you be retired now.

Now your trading against the HFT machines still doing the 9-5 daily grind. Still dealing and hustling after 12 years in the streets. The good ones have moved on to better things.

You are not paranoid that the HFT machines are programmed to kill you.




Burnt out from swing trading?? Bro, I've been daytrading for 12 years and I can go another 12 no problem. You need to up your stamina, burnt from swing trading is really weak.
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The HFT paranoia is ridiculous.

Someone or something to blame for losses I guess.

I see certain patterns working regardless of HFTs and other paranormal theories.
 
Depends on what you are doing.

Many of you trade like grandma, thus hft is not relevant.

Those that like to move quickly , in and out, with little risk, have much to worry about .

Methinks that those saying hft is nothing are simply using that 'code phrase' to imply they are masters of the universe, and not the mens room attendants they are in real life.
 
Quote from stock777:

Depends on what you are doing.

Many of you trade like grandma, thus hft is not relevant.

Those that like to move quickly , in and out, with little risk, have much to worry about .

Methinks that those saying hft is nothing are simply using that 'code phrase' to imply they are masters of the universe, and not the mens room attendants they are in real life.
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Everyone able to do that, raise their hand.
 
Quote from fanews:



If you had just bought $100,000 worth of shares of apple in 2002 you be retired now.
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если бы у бабушки был ХУЙ во лбу она была бы ТАНКОМ!!
 
Quote from J.Joseph:

I know I'm a couple of months late on this thread, but, gosh Will, you're making 40% in 3 years? That's like 12% per year compounded. Most mutual funds can do that. It's no wonder you're getting burnt out. You've been at it for 4 years and haven't even doubled your money.

As a fellow swing trader who sits at the computer about 30 minutes a day and enjoys a rich social life, exercise, travel, and a number of other hobbies and interests, I think your issue is that you feel like you want trading to take you somewhere and it's just taking so gosh-darn long to get there. If you can't be happy in the process, you will burn out. Either get some distraction in your life in the form of other pursuits to increase your level of patience, or start making a ton more than 12% per year. I mean, what is it you really want? An early retirement? It's never going to come fast enough at 12% per year. I think your burn out is coming from "deferred hope." You want trading to do something for you that it's not doing fast enough.
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Mutual funds pull out 12% yearly?? There are many hedgies out there that can't even do that!
 
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