Obsession with trading and the markets. Does it get better or only worse?

Hi all,

I've been following and trading the markets on/off for over 10 years now. Strangely, I seem to not be losing interest. If anything, it's getting worse.

I mostly day trade ES. Recently started trading the ETH session, too. So it's becoming a bit consuming. Either I'm trading or I'm doing trading research/reading. If I'm swing trading stocks - I usually check the quotes constantly there too.

Balanced life?

Trading is pretty much the last thing I think of when I fall asleep and the first thing on my mind when I wake up or when I wake up in the middle of the night (checking quotes, etc.)

The only time I seem to really unwind is on weekends when the markets are closed.

How's this for the rest of you guys? Especially those who've been doing it for a long time?

Maybe it gets 'better' eventually, but I see no signs of it so far. It's an all consuming lifestyle. And in some ways it's getting stressful.

Regards.

I traded 14 years before I made a year-over-year profit. Since then, I have made a profit every year. Last year, I made 147% profit. I have been trading 51 years. I tweet all my trades BEFORE I make them. @RandomFour
 
LF, you might just be looking for what "system" style fits you best. "Fit" being a vague and broad term, that only you can fine tune for you. "Best" being also vague and broad.

So no matter what everyone else says, these things are for you to decide. This even applies to the money side. Some want to make a couple hundred dollars a day, some want to add a zero to that. But wants aside, YOU have a "fit" and "best" criterion on top of that. Hope that helps.
 
As long as you don't have 100% winning trades, and take all the points that theoretically are available, you are not there. Because there is still room for improvement.

I never heard, or know anybody, who knows everything.

While trading the most time is spent waiting. The more you wait, and the less you have to think, the better.

if you feel bored, I suggest you enter a few trades on a very bad entry. You will not get bored anymore. You will have plenty to do.
You don't make any sense my friend. I'm bored as in I have more interesting things to do then learn more about trading. Why would I want to intentionally make bad trades for??? It's advice like this that I stopped listening to anything on this site.

You just do not know who the 5% are and who the 95% are on this site.
 
Are professional athletes obsessive or passionate? Don't doubt your career choice and reward yourself better on the weekends. If you are stale doing boring shit then of course you'll look forward to trading.
 
When people talked about greed or fear or some psychological impact caused them losing trades, it is mostly technical problems rather than emotional problem. If a system has given clear signals on E/E and proved to be 90-95% reliable, then strictly following the system should not be an issue; but if the system's signals has low win rate or ambiguous, then keep working on improve your system.
Is it possible to get to a system of 99% wining rate? it is possible but you have to use so complicate cross checking systems and a team of reference parameters, and in the end, a 99% win rate system would turn out to be less efficient than a 90-95% win rate system, because a 99% system would filter out too many trading windows and present far less trading opportunities.

A 90% winning trading system is not necessarily, a winning system. What if you win 9/10 times but, only win $100 each time. So, you have won $900 then, you get the 1/10 loser which results in a $1,500 loss. That is a negative expectation trading system which is guaranteed for you to lose your monies. In contrast, you could have a 40% winning trading system with returns of say, $1,000 each winning trade. You lose 60% of the time but, only $100 each losing trade. So, now, you won $4,000-$600 for a net $3,400 winner. Now, this trading system is a positive expectation and you can expect to make monies out of it. Winners should be several multiples of your losers if you want to make monies in trading. Win rate does not mean squat.
 
Neither do I care. What's your point?
What's your experience? 1 year or something.
I don't know why you are trying to argue with me but just stop.
You're making me laugh.


  1. You never read my postings ( where I mention how long I trade) as you don't know how long I daytrade.
  2. You make statements without any proof or even knowledge about me.
  3. You should go back to Tiktok where you belong.

Yes, I'm just gonna practice on paper for awhile. My platform doesn't offer a sim account so I can't use that.

When you still had top start papertrading in 2010, I was already daytrading for real over 15 years.
You are the newbie, not me. ROFLMAO.

tenor.gif
 
LF, you might just be looking for what "system" style fits you best. "Fit" being a vague and broad term, that only you can fine tune for you. "Best" being also vague and broad.

So no matter what everyone else says, these things are for you to decide. This even applies to the money side. Some want to make a couple hundred dollars a day, some want to add a zero to that. But wants aside, YOU have a "fit" and "best" criterion on top of that. Hope that helps.

Not really.

I believe the bulk of my system and approach is complete. From here on, it's mostly a matter of improving what I already have created and addressing the weaknesses I've identified and which presents themselves during live trading.

I'm now at a point where I make money most days. The goal is to eventually increase my daily take and stake and eventually become filthy RICH (hopefully) from my trading operations. :)
 
  1. You never read my postings ( where I mention how long I trade) as you don't know how long I daytrade.
  2. You make statements without any proof or even knowledge about me.
  3. You should go back to Tiktok where you belong.


When you still had top start papertrading in 2010, I was already daytrading for real over 15 years.
You are the newbie, not me. ROFLMAO.

View attachment 237422
LOL. My friend you actually went and look at my posting history to find some obscure quote I might have said? I don't know anything about you because I don't care. You apparently care way too much.
 
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