Rat race escape plan
- Thread starter qlai
- Start date
Nah, it was me laughing, i thought twilight zone was some movie about werewolves & vampires : https://en.wikipedia.org/wiki/Twilight_(2008_film)
Didn't knew about Twilight Zone up to now.
Laughs. 1:18 guy grabs a bucket.
Ok. Looks promising.
@Ghappy21 you're welcome.
Actually you need to constantly live at a very high level of consciousness to be a good trader.
Well above, anger fear desire/greed etc
Using the chart below, most people live below level 200, but you need to maintain at least level 350 to be a good trader.
And as a trader you have the time to work on yourself and go even higher up the scale.
I don’t agree with this chart. Englightement, shame, happiness, etc are a hierarchy. They are work in concert in your mind.
Even if the chart was a real respresentation of the human psyche, the absolute best traders I know would be focused on ranges 100-150. I would argue that great traders are emotionally stunted - either by birth or by repeated training, which is why so many fail in other aspects of their lives: relationships, real business, health.
I think that work is healthy, and would like to work way past retirement age.
It becomes a problem when it eats up too much time; when people become "workaholics," or work starts to affect one's health.
My vision for "escape from the rat race" was always a reasonable job, where I work 40 hours per week, without commute.
(Note: when I say "40 hours per week," I really mean 40 hours per week, not the reality that 40 hours of billable time is 60+ hours of work + commute.)
I think that this is a good place to be in life. No work? Idle time is the Devil's playground. Too much work? Lead to the grave.
The only problem is that I've never been able to find a job that has that middle ground. Maybe the only way is to work for yourself?
It becomes a problem when it eats up too much time; when people become "workaholics," or work starts to affect one's health.
My vision for "escape from the rat race" was always a reasonable job, where I work 40 hours per week, without commute.
(Note: when I say "40 hours per week," I really mean 40 hours per week, not the reality that 40 hours of billable time is 60+ hours of work + commute.)
I think that this is a good place to be in life. No work? Idle time is the Devil's playground. Too much work? Lead to the grave.
The only problem is that I've never been able to find a job that has that middle ground. Maybe the only way is to work for yourself?
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I see. So your strategy for making huge returns is looking at year old charts, searching for a stock that went down a lot and then up a lot, finding the lowest low tick that ever happened, and probably only traded a few hundred shares at that price, and then saying "if I had bought there and held till today, I would have made 5000%!" . Truly, a this is a genius system you have come up with here /s
The true genius would have been not replying to your questions in the first place, since i knew where it was going.
Look, i don't need your - validation. I don't need to prove you anything. You do you & i do that which works for me. If you find problems with that, just put me on ignore & save our time.
Thank you.
Yeah, unfortunately, it's not very realistic. As you point out, they try to squeeze as much of you as possible. Someone said that "salary is a bribe to make you forget your dreams." I agree with you that doing nothing is not healthy. What I want is financial independence to CHOOSE what and when and how I want to do. That is what trading offers - potentially.
One son 19, who’s college was pre paid through out the years. I have enough money to last me a life time if and only if I keep the hippy life going. Lol. I was considering living on a boat until I stayed on my friends sail boat for a week. Can’t do it. He’s been living on that boat for 30 years.
I think his point was, in response to my 100:1 YOLO trade suggestion, that such trades are so rare that it's truly a lottery ticket.
Seems like they all sounded like that in the middle of last century. Weird, isn't it?