Tell me how much you enjoy Trading

[Bitstream]

Quote from FredBloggs:

what if your boss fires you?

what if you lose your pension and all your savings because of some fraud somewhere or market crash?

what if the company you work for goes bust?

what if the sky falls down?

life is full of risks. it just depends on whether you want to take responsibility and control of your destiny, or leave it in the lap of others.

personally, i think if you leave your financial well being to others, they will always have their own self interests over yours.

as jim morrison once crooned.....

'trade in your hours for a handful of dimes....' no thanks.

Wait a sec. I didn't say anything about leaving the trading profession. I was only pointing at the fact that it is very difficult to make enough money solely by trading in order to have a comfortable life.

I was just comparing my P/L and what I get from my current business activities outside the stock market and I don't think traders in general perform as good as mr tvardek.

My trading can pay the bills and maybe put the food on the table every day but that is just about it.

 

[Bitstream]

I thought that hedging your trading with a buisness (not a job where you are a simple employee) is a good idea.

 

[areyoukidding?]

Quote from JORGE:

I live in the Pacific time zone and when my alarm goes off at 4:45, I jump out of bed like a kid on Christmas morning. I've been like that for the last 5 years, and can't imagine the feeling ever going away.

2 weeks of sub standard returns. Unless you are insane.

 

[FredBloggs]

Quote from Bitstream:

I thought that hedging your trading with a buisness (not a job where you are a simple employee) is a good idea.

true

it all depends how dedicated you are.

like everything in life, you get out how much you put in.

 

[prt_systems]

Quote from Bitstream:

.....
I was just comparing my P/L and what I get from my current business activities outside the stock market and I don't think traders in general perform as good as mr tvardek.

My trading can pay the bills and maybe put the food on the table every day but that is just about it.

I think the point is that trading is a business: there is nothing that says you have to limit yourself to just a single business. However, if you have sufficient capital, trading can be a good business just by itself.

Running multiple successful busineses is very difficult and requires a lot of time .... It is much easier to concentrate on one.

 

[Steve Tvardek]

But i also trade full time, so I have a lot of time commited to the whole process. If you have multiple businesses, then its hard to fully concentrate on your trading, right?

Quote from Bitstream:

Wait a sec. I didn't say anything about leaving the trading profession. I was only pointing at the fact that it is very difficult to make enough money solely by trading in order to have a comfortable life.

I was just comparing my P/L and what I get from my current business activities outside the stock market and I don't think traders in general perform as good as mr tvardek.

My trading can pay the bills and maybe put the food on the table every day but that is just about it.

 

[Bitstream]

Agree.
I own and manage an estate business and it doesn't require much effort. as a matter of fact I have the privilege I can dedicate as much time as I want to tarding and it makes me sleep sound at night.

Trading activities put you under pressure especially during periods of difficulties and having a safe income sure helps.

I thought quite a few traders might be in a similar situation.

 

[Cheese]

Quote from ElectricSavant:

Do you feel like you're sitting on a boiling pot of water, when it comes to your trading and anticipated success?
Michael B.

No.
Wouldn't that feel like having your arsehole burnt?

 

[Steve Tvardek]

Well, Im still pretty young and Im sure that trading and saving over the next 5 or so years will afford me to do something with some of my saving that will make me some extra income. Dont know what that is just yet but i agree, its nice to have a steady stream from somewhere else.

Quote from Bitstream:

Agree.
I own and manage an estate business and it doesn't require much effort. as a matter of fact I have the privilege I can dedicate as much time as I want to tarding and it makes me sleep sound at night.

Trading activities put you under pressure especially during periods of difficulties and having a safe income sure helps.

I thought quite a few traders might be in a similar situation.

 

[Bitstream]

Quote from Steve Tvardek:

Well, Im still pretty young and Im sure that trading and saving over the next 5 or so years will afford me to do something....

You'll get there eventually.
Time flys though.