The truth is trading is incredibly boring..

[CamillaGregory]

You will keep feeling that adrenaline pump if you keep making trades to maximise your returns every month.

 

[vincentnyc]

trading is addictive and make me feel alive everyday!

 

[Shax]

 

[Millionaire]

We discussed this quote from Soros already on this thread.

Its Bullshit, there is no way Soros wasn't having fun when he made his Billions as a trader.

 

[sebking1986]

I agree that trading is monotonous rather than boring. I am a student of the markets and so I enjoy to learn about them and for me that isn't boring. But good trading is doing the same profitable thing over and over again.

 

[murray t turtle]

%%
Mr Soros is known for trades, rather than the truth\Rich Dennis\strangely is known for both.
His ex hedge fund partner Jim Rogers, never noted anything like that boring bit /LOL. Jim rogers seemed to be much more wise in public policy, maybe that was why they did a hedge fund exit\partnership??
Rich Dennis never did note if he liked a 20 period better than 55 period; I have no idea Shax. SO i study both Rich, Jim 20 + 50..........................................................................

 

[Benjamin_prTrader]

It isn't something that requires immense skill imo. Once you have a working methodology and you apply it again and again you will see results but the drawdowns psychologically are very very tough.

Besides drawdowns, the hard part of trading is it is very boring. Thus, most people would want to tweak their system everytime searching for some holy grail even if what they have is working which ironically would cause them to lose.

It also requires patience and most people have ADHD. How do people get to 7, 8 or 9 figure portfolios? It is magic of compounding. For someone with $30k he can turn it into $100mil in 20 years with a 50% return annually. But everyone wants to shoot for the moon which often has adverse results.

I agree with you. Trading doesn't require immense skills.
And all the methods and trading tips are on the internet.
What really matters is select one's own method and trust and repeat it again and again.
This is much like an athletes training one kick 10 thousand times.
But this is really really difficult. Trading is much like this.

 

[easymon1]

Indeed.

 

[Markram McKenzie]

I don’t find trading boring. I feel it is something which teaches something new everyday. Winning trades pushes my adrenaline and makes me enthusiastic. Losing trades increases my curiosity to learn.

 

[easymon1]

I don’t find trading boring. I feel it is something which teaches something new everyday. Winning trades pushes my adrenaline and makes me enthusiastic. Losing trades increases my curiosity to learn.

What timeframe charts do you like to trade?