The loneliness of success

Quote from danielc1:

Telling a good friend you have always traded the option market... He gets the idea and start reasing funds from his friends and familys and tells them how he will make a 100% return for them with my help, without first checking with me... Guess how that ended... Yes, he spended every last penny of it...

How about sharing your thoughts and trading ideas with another friend, spending hours, day's for free to let them get a clue how it works. Then he thinks he has found something new in the market and ask you want to buy it from him... (That even did not work for him, he is still working for a boss)

No sir, I have learned my lesson. Or did I?

Nope,

Let's do it again. A guy who made two million dollars in the market before the crash of 2000. Comes for advise to me. I tell him somethings and give him a bigger picture to learn from. Six years later of my time and devotion he is still nowhere because of a lack of commitment to follow some simple orders... I ended that relationship with telling him it wil cost a fortune now if he want to ask yet another question about trading.

Did I now learn my lesson? Yes, it sinking in. Keep your mouth shut...

So on family and friends diners, I do not talk about my profession. I do talk about my car, that I love(Ferrari), or the things I buy or want to buy. I talk about my other businesses, but I do not talk about my trading. Period.

It is hard. Not only for me but also for my wife. They know I do not bunch anymore, but now they try to convince my wife that I must share the 'system' to make money. And believe me, if you are succesfull long enough everyone you know will ask for it... Maybe not now, maybe not tommorow, but when they are in a financial crisis, they will come and ask you. The people really think that there is nothing to it. It is just pressing some buttons on a computer, right? They don't see the years you have spend working on your self to get it right. Your mind set, your emotional being, your computerskills and then spending years to get a head...

My advise, suck it up. See it as growing up and becoming a great trader when you stop talking about your results...

Great post. It's funny how people seem to take for granted all the hard work that lies behind a successful trader. If I were to ask a musician to teach me to play his/hers instrument in a day, I would be met with disbelief. But somehow I am supposed to teach how I "play" my instruments in a few minutes....
 
Quote from Eddiefl:

Do you think a doctor or a successful businesman are ever asked, "tell me exactly how you do it".. You answer should be, here read this book and this book and then come to me, it takes years to get to a consistent level. I bet 90% never get back to you.
Dont be afraind of success. "most people are afraid of success and afraid of failure, thats why they stay in the middle---Tony Robbins.
That approach would work for e.g. poker - Phil Laak uses it. But poker is played in plain sight - so people get some kind of idea, just as they do with sports in general. On the other hand, trading is done audience-free and there's 'mystique' around it. Most people see trading as undeserved easy money from either tips or 'secret formula'.
 
Quote from dc101:

That approach would work for e.g. poker - Phil Laak uses it. But poker is played in plain sight - so people get some kind of idea, just as they do with sports in general. On the other hand, trading is done audience-free and there's 'mystique' around it. Most people see trading as undeserved easy money from either tips or 'secret formula'.


there is some truth to that.

EF
 
Perhaps OP should look at it from another angle - there are very few professions where one can become wealthy while remaining almost completely anonymous. It's a blessing really. Famous actors and sport pros would give anything to get some privacy.
 
Good point. Trading is very lonely. I have simply accepted it as a trade-off for the other benefits of which there are many! Not having a boss is #1.

Quote from dc101:

Perhaps OP should look at it from another angle - there are very few professions where one can become wealthy while remaining almost completely anonymous. It's a blessing really. Famous actors and sport pros would give anything to get some privacy.
 
Quote from dc101:

Perhaps OP should look at it from another angle - there are very few professions where one can become wealthy while remaining almost completely anonymous. It's a blessing really. Famous actors and sport pros would give anything to get some privacy.

One of the best statements on ET! +1000
 
I think its fine to brag about your trades as long as you aren't talking numbers or share size. I tell my family about my trading bc they've watched me struggle and grow with it throughout the years, and they are always interested even if they probably don't understand what I'm talking about. I've met a few great trading buddies off ET and we chat all day long as well as help each other out. I wouldn't tell my gfs about my trading bc none of them would care less, and I'm sure I sometimes drive my bf nuts talking about it. At the end of the day, no one but another trader will ever understand the patience and dedication this career demands, so your best bet is prob to find friends on here or go to some trading hookups. Being lonely during the day isn't the worst problem to have in this biz, so I'm glad the rest of it is working out well for you :)
 
2 things. 1. The need that you are looking/interested in/compelled to possibily satisfy/fill, lies irrevocably in the past. Specifically, the need to share your success with your absent father in one way or another. Either he is emotionally absent, (not there to share your joy with you) physically absent, (left mom early in your developement) and that contributes to the lonliness you feel that takes on a life of its own in your psyche. Or, if he was around, you fear he will act act against your success with jealous, (resentment - anger directed at you) or envy based tantrums of the talent that you have and he dosent, that decends him into a lesser life than the greater life his son is capable realizing. The answer: 2. You are in denial about guilt. Guilt that you are everything he is not, (successful on his terms) or ever will be. Convincing yourself day by day that you don't need, want or seek his or other authority fugures' approval, or validation is your way out of this Self defeating prison you have created for your Self to exist in. It's not living, it's existing; uncomfortably comfortable in the walls of your routine. Constantly visualize yourself separate from him, and that will take you to the place inside that is fluid in the present, not locked in the past. Where you will engage the market, people, and challenge yourself in ways you can't see, yet. The edge you have now is nothing more than something your unconscious mind created to get the attention from us here that you never got from him! If you have REAL talent, there are edges out there beyond satisfying dad's lost attention needs that are intergalatic in nature for your true talent to discover.
 
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