Is Trading Worth the Effort?

dbTrader · Jul 26, 2003

Quote from Corallus:

It seems to me that trading is indeed one of the hardest careers out there and few are consistently profitable at it. That said, is it worth the effort, time, monetary loss, and frustration it takes to succeed at trading?

IMHO - there is probably no better way to really get to know one's self better than to trade the Emini S&P.

Its not about winning money or succeeding at getting rich - its about your ability to feel the market, know what it feels, feel what it feels ....

.... and then take what is rightfully your's.

Bling, Bling.

candletrader · Jul 27, 2003

It freed me from corporate slavery, and I prolly make more than my former office buddies ever will... so, yes, it's worth the effort... but, be warned, it can take a few years before it all comes together for you and starts to pay off...

Gordon Gekko · Jul 27, 2003

i will never quit, but it hasn't paid off yet.....

5R08Astang · Jul 27, 2003

Quote from dbphoenix:

If you enjoy it, yes. If you don't, no. But either way, I can think of few occupations that will teach you more about yourself than trading.

I can't remember what trader it was who said that if you want enlightenment, you can go to India and sit in a cave for three years, or you can trade the S&P futures.

LOL!!!

inandlong · Jul 27, 2003

I trade to make money, support my family, save for the future, but not learn something about myself. That must be an added bonus I am not using. The tuition is less than any professional school. Yet the potential rewards are far greater.

No occupation that almost anyone can try allows the same freedom, flexiblity, and financial opportunity that trading does. Trading is the best. But I love it, so I am biased.

Pay the tuition.... unless you hate trading.

-EntropyTrader · Jul 27, 2003

Tonkadad Wrote:
"I can't remember what trader it was who said that if you want enlightenment, you can go to India and sit in a cave for three years, or you can trade the S&P futures."

Well said.

Mark Douglas mentions something about a sincere attempt at trading as being the quickest way to bring to surface your inner beliefs.

True.
But most losers never realize this as they numb themselves to the losses they incur; and thereby they trade from a position of denial and dishonesty - which prohibits the surfacing and subsequent purging of all the obstacles people set for themselves.

indahook · Jul 27, 2003

Quote from dbphoenix:

I can't remember what trader it was who said that if you want enlightenment, you can go to India and sit in a cave for three years, or you can trade the S&P futures.

Amen to that.

Girlpower · Jul 27, 2003

Quote from Corallus:

It seems to me that trading is indeed one of the hardest careers out there and few are consistently profitable at it. That said, is it worth the effort, time, monetary loss, and frustration it takes to succeed at trading?

In just one word - Yes! Deffinitely! Absolutely! Of Course!

Oops - that's more than one word...

best

Natalie

dbphoenix · Jul 27, 2003

Quote from Girlpower:

In just one word - Yes! Deffinitely! Absolutely! Of Course!

Plus, it's one of the few careers one can engage in naked.

RAMOUTAR · Jul 27, 2003

There is no better business or opportunity on this earth such as trading for a living. The startup capital is much lower than what it is for most start ups, the overhead is low, controllable and scalable, the learning curve and success rate beats most start ups, the storefront can be anywhere you want it, no corporate politics or slavery, etc.

I have several friends and relatives dear to me who have been laid off and pushed out of the job market by age or lack of desire to find so called "security". Fortunately, they have found opportunity in trading. Its worth it.