Is trading really hard work?

Only work hard when you are certain you are working smart. Test and take measurements along the way to ensure you are continuing to work smart ... and that the path is still valid.
Validating the results of hard work, in increments, turns "hard" into "rewarding" ... and can make all the difference in achieving your goals, instead of burning out.

If "hard" work doesn't validate into "rewarding" work ... you may be on the wrong path. And unfortunately, you may have to get good at this long before all the profit$ show up :cool:
 
WaxOn said:
I can show you people that do this and put little to no effort in. Not me though. There are some people who speedread textbooks, show up for a test and become valedictorians. Not me! Bottom line - dont worry about other people.

btw i started trading in 1991. Not contiguously. Lost heavily for 2 years until my emotions caught up with reality. I have a cousin that started at the same time as me and has been shitting money pretty much since then, for me it was like pulling teeth and inventing cold fusion until i started figuring ‘me’ out. (Lol it was a long journey...worked in i-banking in NYC and finally grew up)
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bloody hell finally i have met someone-i always suspected that there would be someone- who started trading earlier than me...about 3 years earlier...though in India in those days we could only buy and hold
 
schweiz said:
I refer to my first comment: I am like the mouse running with the elephant.
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just a possibility you could get trampled if you are not careful.

the trick is to run with the elephant but at the same time avoid becoming it's next meal.

Talking of Elephants are you a student of Oliver Valez
 
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funnily enough....those who work hard are paid the least,those who can manage risk are paid a lot more but the one who is paid the most is the one WHO TAKES DECISIONS.

profitable trading is the art of taking decisions the correct ones
 
padutrader said:
just a possibility you could get trampled if you are not careful.
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I am such a small mouse that he will have problems to find me. And while trying to find me he might miss big money trading. So it is not good for his financial health.

padutrader said:
Talking of Elephants are you a student of Oliver Valez
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Oliver Valez is a strange name for an elephant.:wtf:
 
hurricane_sh said:
Many gurus said that trading was very hard work, even the hardest work in the world. It sounds very convincing, it makes you feel guilty if you don't study the charts 12 hours a day.

But on the other hand, it seems more important to find a setup that matches your personality and works for you. For me, trading the first 10~30 minutes works best for me, if I keep trading, I usually give back my profit, or even turn a winning day into a losing one. So, trading 30 minutes gives me the best result, and it's not hard work.

I believe, if you do it right, trading should be happy, relaxed and easy experience.

To me, at this point, it's unproductive and misleading to believe trading is hard work.
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The most important thing is to do what you are comfortable with, you can learn 24 hours ans get nothing if it doesn't feel right. There for to put less time in the setup that you understand is better then put more time in something you don't connect to. I went through that also, was lost in all the information until I found Bookmap which gives me the clarity I need.
 
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