Most Important Lesson Of The Year.
- Thread starter Eddiefl
- Start date
My most important lesson
You think trading is tough â try being a parent of a teenage boy
Thank-less, end-less, and the pay sucks
They revert back to the terrible twos â in almost a manâs body
What doesnât kill you â make you stronger â I suppose
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Iâve learned to separate, compartmentalize, and disassociate really well this year
RN
You think trading is tough â try being a parent of a teenage boy
Thank-less, end-less, and the pay sucks
They revert back to the terrible twos â in almost a manâs body
What doesnât kill you â make you stronger â I suppose
=============================================
Iâve learned to separate, compartmentalize, and disassociate really well this year
RN
Don't mean to get off track here, I have to comment, I understand your dilemma and I'm aware you didn't ask for advice bet hey, it's the net.
When the father accepts the son as his equal and recognizes him for the man he is, your son will change.
In essence, you have to change first, then he will. sons can spend their life trying to earn recognition from their father, but you see, the father has all the power and until the father relinquishes (but will never lose the power anyways because he is the father) and accepts his son, life will be the same ol same ol.
I have seen this play out again and again, nothing changes until the father does.
On a personal note, I became friends with my Dad (good friends) when he accepted me. He made the effort, I was always there for him but we never connected till he wanted it.
Good one. Its true, most are author or analysts.
And we know authors and analysts dont make great investors, except Bufffet, but then again, I dont think he writes most of his own stuff.
Although, experts and expert instruction could possibly shorten the learning curve when you first start trading. I think eventuially it has to come from within.
EF
Go with the trend until it ends, then go with the new trend.
Accept no profit less than your minimum profit unless price presents a solid setup in the other direction.
Set a minimum profit that's 2x or more your maximum loss.
Learn to consistently trade small size for large gains before sizing up.
Study setups until you have an arsenal of tactics that provides a positive edge in a variety of market environments (strong trend, channeling trend, wide range, narrow range, and chop). Set up rules for each type of trade. Follow your rules every day. DO NOT CHEAT.
If you told me just three years ago the alien demon we discovered living with us would become a focused, hard-working, kind, thoughtful and responsible person, I'd have had you committed on the spot.
RN, just live a strong example for your son day by day and grit your teeth through this one. It ends, there will be thanks, and...OK, the pay definitely sucks.
Accept no profit less than your minimum profit unless price presents a solid setup in the other direction.
Set a minimum profit that's 2x or more your maximum loss.
Learn to consistently trade small size for large gains before sizing up.
Study setups until you have an arsenal of tactics that provides a positive edge in a variety of market environments (strong trend, channeling trend, wide range, narrow range, and chop). Set up rules for each type of trade. Follow your rules every day. DO NOT CHEAT.
If you told me just three years ago the alien demon we discovered living with us would become a focused, hard-working, kind, thoughtful and responsible person, I'd have had you committed on the spot.
RN, just live a strong example for your son day by day and grit your teeth through this one. It ends, there will be thanks, and...OK, the pay definitely sucks.