My job is holding me back

Monobrowtrading said:
You come around every month or so for a couple of days with the same old nonsense. You and that other limp piker, Laissez faire, offering your expert analysis then when shit goes against you, it’s excuse time. A day or two later you’re sniffing around the topstep forum. Rinse and repeat.
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I am pretty transparent with my trades. No one here even really day trades, you guys don't post trades, never post a pnl, never willing to get in voice and trade live. You are watching the forums like all the time. I am seriously asking what are you doing on here? I go away to focus and get things done. Look how useless conversations are on here. All you do is complain about others, you offer literally zero insight. That's not even a slight against you, it's literally what you do and don't do.
 
I was a managing director of equity derivatives,worked at a 15 bil plus hedge fund,and "networked" with several hedge fund operators with 1 bil plus asests..Im not negative,I am simply telling you that your way of looking at performance is unique and not how anyone I have ever met operates..

Why so sensitive??

Concinnity said:
I have though, actually know someone who runs a hedge fund. I already have someone joining me as well to assist in what I am doing, that is far larger than I am. You guys have all the answers, I know. So I wouldn't come on here if I didn't already have some things rolling.

You guys are just a bunch of negative nancy's and act like you know everything. Seriously not trying to be rude, but you're telling me how things are and to "go try it" when in the real world I already have and am doing it. So it's some what of a joke you saying this like you know. No offence.
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Concinnity said:
Yeah, don't forgot to factor in the other side of actually having a job too though. Whether you realize it or not, it's very likely that at least subconsciously if nothing else having a job gives you a sense of security to put on trades. Sure if you leave your job you can focus on trading now, but your income is also now dependent on your trading. Now if you don't see any trades or even a lose a trade it isn't the end of the world. Imagine leaving your job and not finding your setups or taking them and losing 4-5 in a row.

Clearly I have no clue how to weigh the pro's and con's for you, only you know that. You probably realize everything I just typed already, but thought it couldn't hurt to point out.
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This is an enormous psychological barrier for manual (point n click) retail traders.

Job security with medical/dental/insurance benefits removes a lot of stress from the trading of a retail trader. In comparison, a profitable trader with no job would typically have those barriers (stress) that can sabotage their trading performance because the risk of ruin will always be there.

Simply, those that are profitable in trading while having a job...should just keep things as it is and dream of taking early retirement from their job so that they can trade full-time as in trade for a living.

Regardless, the thread starter has some things to think about considering he needed to come to the forum to announce his intentions.

wrbtrader
 
SunTrader said:
Increasing at or comfortably above inflation rate is not the same as exponential.
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If you can increase/compound your profits by 5% a year, that is exponential profit growth. With a doubling time of about 15 years.
 
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taowave said:
I was a managing director of equity derivatives,worked at a 15 bil plus hedge fund,and "networked" with several hedge fund operators with 1 bil plus asests..Im not negative,I am simply telling you that your way of looking at performance is unique and not how anyone I have ever met operates..

Why so sensitive??
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I am really not, just a lot of the things people say here are very suspect and not congruent at all with active day trading. Most people speaking in terms of longer term trading and using time and account size as their edge, trying to pass off as active day traders and giving their tips and help to other's looking to day trade. It's just very odd and misleads a lot of retail smaller traders here. Pointless for me to debate this though, truly don't care enough.
 
Hey,if you an do anything close to the numbers thrown around,you are doing something very very right

Concinnity said:
I am really not, just a lot of the things people say here are very suspect and not congruent at all with active day trading. Most people speaking in terms of longer term trading and using time and account size as their edge, trying to pass off as active day traders and giving their tips and help to other's looking to day trade. It's just very odd and misleads a lot of retail smaller traders here. Pointless for me to debate this though, truly don't care enough.
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taowave said:
Hey,if you an do anything close to the numbers thrown around,you are doing something very very right
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Impressive patients you have here. I haven't even made it big yet and I can barely stand to be on this website sometimes, it's an unbelievable time sink. Truly don't get why people come on here to debate garbage.
 
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