Social Influences of Being A Trader

Li Ka Shing · Dec 25, 2005

Hi,

I don't know about u all, but I believe when we take up a career seriously and wholeheartedly, I think there's an element of social judgement that you have to contend with sooner or later. To give an example, a doctor might have a positive social judgement/ feedback from people around him. And, a debt collector might have more negative social feedback. Now I don't know whether this is included in Maslow theory, but I believe everybody likes to feel good or rather feel that people respect his chosen career. And consequently, I believe you will perform in your more optimum level if you feel that socially what you are doing is considered meaningful or respected/ have more social positive values.

As such.......what do you perceive as the social perception of you being a trader? Whether it's full time/ part-time, and....do you think it has any effects on you and your performance/ concentration? A bit, or a lot, or maybe even none at all? Let's share.......

Cheese · Dec 25, 2005

Quote from lii Ka shying:

Hi,

I don't know about u all, but I believe when we take up a career seriously and wholeheartedly, I think there's an element of social judgement that you have to contend with sooner or later. To give an example, a doctor might have a positive social judgement/ feedback from people around him. And, a debt collector might have more negative social feedback. Now I don't know whether this is included in mallow theory, but I believe everybody likes to feel good or rather feel that people respect his chosen career. And consequently, I believe you will perform in your more optimum level if you feel that socially what you are doing is considered meaningful or respected/ have more social positive values.

As such.......what do you perceive as the social perception of you being a trader? Whether it's full time/ part-time, and....do you think it has any effects on you and your performance/ concentration? A bit, or a lot, or maybe even none at all? Let's share.......

Well sure Ling Ping King. But bottom line: do what you have to do.

Give and do whatever it takes to know your market. Make a killing; accumulate a fortune. Then play Mr Big and donate to and help your dumb community. Everyone just loves a winner.

Merry Christmas.

cooldude · Dec 25, 2005

Stop being idealistic and start being pragmatic and all the ghosts will vanish.

Trading is a tool to acquire money. Do you have problems with having more money?

Steve Tvardek · Dec 25, 2005

Honestly, who cares what anyone else thinks. Do you live to please others? If you do, then you should concern yourself. But for me, I do what I do b/c I love the challenge and know the potential to make a fortune is at my finger tips.
What other people think is so far from important to me that I dont understand why others bring this topic up so much on ET. If some traders spent half as much time working on being a better trader as they do worrying about how others perceive them, they'd be making a lot more $$.

Quote from Li Ka Shing:

Hi,

I don't know about u all, but I believe when we take up a career seriously and wholeheartedly, I think there's an element of social judgement that you have to contend with sooner or later. To give an example, a doctor might have a positive social judgement/ feedback from people around him. And, a debt collector might have more negative social feedback. Now I don't know whether this is included in Maslow theory, but I believe everybody likes to feel good or rather feel that people respect his chosen career. And consequently, I believe you will perform in your more optimum level if you feel that socially what you are doing is considered meaningful or respected/ have more social positive values.

As such.......what do you perceive as the social perception of you being a trader? Whether it's full time/ part-time, and....do you think it has any effects on you and your performance/ concentration? A bit, or a lot, or maybe even none at all? Let's share.......

cosine · Dec 25, 2005

Relation between performance and social recognition is in your head. Relation between well being and social recognition, however, is another business. Money can't buy respect, admiration, or true friends. That is, if you discern those from hypocrisy, envy and suckers, respectively.

coolweb · Dec 25, 2005

money can't buy respect?

Clearly we live in different worlds where bloomberg is mayor.

Money talks bullshit walks.

Has been like this for the past 3000 years.

Social influences hahahaha.

Social influences only comes up when you are making $100 a day just like every other MTA subway sweeper worker.

Then everybody will ask you "Why are you trading?, Go to college, Get a real job, like the MTA, great health benefits and a pension"

If you were pulling in real money ($1+/$5k/$10k a day), There would be no questions.

Nobody cares what you do, hits, drugs, booze, hookers, trading
until you start making mininum wage level.

cosine · Dec 25, 2005

Quote from coolweb:

money can't buy respect? Clearly we live in different worlds where bloomberg is mayor.

Bloomberg is not respected because he is rich. Bloomberg is respected because everyone knows his name, and what he did. You are mistaking different things.

Money talks bullshit walks. Has been like this for the past 3000 years.

If you live in some remote uneducated world where religion, governments, culture, etc. have never built civilization, then maybe. Rome has not been built out of money, nor bullshit. Rome has been built out of desire for conquest. Luxure has rotten it to its destruction. Keep that in mind.

Social influences hahahaha. Social influences only comes up when you are making $100 a day just like every other MTA subway sweeper worker. Then everybody will ask you "Why are you trading?, Go to college, Get a real job, like the MTA". If you were pulling in real money ($1+/$5k/$10k a day), There would be no questions.

People who go to college rarely become subway sweepers. High-class escorts do pull in 1k/day, yet I dont think their parents are ok with their jobs. Do not think that if you pull in 5k/day selling crack to young kids, you wont be questionned by your peers. Bringing in a similar amount daytrading on your luck wont ever be as respectable as saving people's lives.

Nobody cares what you do, hits, drugs, booze, hookers, trading until you start making mininum wage level.

Maybe yes, then, we live in different worlds. In your low-life shitass ghetto, I guess everything is respectable.

risktaker · Dec 25, 2005

yo! coolweb, you gonna take this crap from this punk? Show him who's in charge here, dude! Huh!

Quote from cosine to coolweb:

Maybe yes, then, we live in different worlds. In your low-life shitass ghetto, I guess everything is respectable.

cosine · Dec 25, 2005

Quote from risktaker:

yo! coolweb, you gonna take this crap from this punk? Show him who's in charge here, dude! Huh!

Not necessary. I just went through his "The treacherous path to $200k a year" journal. Very funny. Now I know what he meant by "bullshit walks".

FanOfFridays · Dec 25, 2005

Quote from Cheese:

Well sure Ling Ping King. But bottom line: do what you have to do.

Give and do whatever it takes to know your market. Make a killing; accumulate a fortune. Then play Mr Big and donate to and help your dumb community. Everyone just loves a winner.

Merry Christmas.

First there was coinzy. Then we got coolweb.

Now we have this idiot.

"Your dumb community"?

"Ling Ping King"? Is that supposed to be a joke based on your lack of familiarity with Oriental names? We know your mind is the size of a peanut, Cheese - you don't need to continue to try to prove it.

Every time you open your ass to speak, you f**k up, Cheese. Why the moderators don't delete these types of posts is beyond me.

Why not go troll some other site, Cheese? You're not welcome here.