Trader lifestyle

I'm all about the inner happiness and freedom, but I'm a car nut, always have been, and I buy the cars for ME. Not to show off to the neighborhood or anyone else; I just truly enjoy driving. If showing off was the motive, I would've bought a Ferrari instead of a Porsche (a used Ferrari costs about the same). After a long day, taking a 500+ HP car out for a spin is a stress relief and makes the day's effort worthwhile. You have to reward yourself. What use is the cash if you make 6-7 figures and troll around in a Camry just like the guy who makes 30k a year? Gotta live it up a little! :cool:
 
Quote from startraitor:

Nearly everyone I know who is happy today lives far below their means if they make $45,000,$450,000 or $4,500,000/year.

I also know people who make the same who are all cash poor and pushing on a sting all the time, and some of the most miserable people I know. But they all have a nice watch and read the chase the same demons.
More...


BRAVO, STAR!

Living below one's means is the foundation of sustainable living (whether or not one's a trader).
 
Quote from Fast_Trader:

I'm all about the inner happiness and freedom, but I'm a car nut, always have been, and I buy the cars for ME. Not to show off to the neighborhood or anyone else; I just truly enjoy driving. If showing off was the motive, I would've bought a Ferrari instead of a Porsche (a used Ferrari costs about the same). After a long day, taking a 500+ HP car out for a spin is a stress relief and makes the day's effort worthwhile. You have to reward yourself. What use is the cash if you make 6-7 figures and troll around in a Camry just like the guy who makes 30k a year? Gotta live it up a little! :cool:
More...

My Mentor is very wealthy and drives a Honda Accord. He always taught me that its not how much you make its how high you can stack it. I have friends that make 250k a year and live pay check to pay check and on the flip side of that...I have friends that make 50k a year and make it look like they make 85k or 90k a year.

As far as your porsche...poor choice in car. My M6 is a better choice.
 
Quote from nyxtrader:


As far as your porsche...poor choice in car. My M6 is a better choice.
More...
Yes...I have a lot of fun passing M6s like they're standing still. Nice car tho :D
 
Quote from Fast_Trader:

Yes...I have a lot of fun passing M6s like they're standing still. Nice car tho :D
More...

If you ever want to go to the track let me know. Considering with a few modifications I have over 625 HP.
 
I don't wear no stinkin' watch. I don't even got no stinkin' cell phone.

I don't got no fancy ride.

I don't got no home that is out of proportion to the lot.

My home is dwarfed by 100 year old oaks.

It is on a large enough lot, I am not sure if the neighbors lights are on at night or if their cars are in their drive.

Everything I got is understated.

My greatest luxury is the domestic help that I hire, but unlike most of the sleazebag scumsucking political class, my domestic help is legal, and they ARE reported when I file with Uncle Sam.

I am able to live the life my parents and my grandparents could never have dreamed of living.

But unlike numbnuts such as Plaxico Burress, I am not compelled to display my good fortune to strangers, and therefore I do not have to take risks that would endanger it all to protect the wealth that I have been fortunate enough to accumulate.

The risks I routinely take daily as a trader is enough vicarious adventure for me.

The good life has it pleasures and its satisfactions without the ostentatious flash and bling that the asshole media associates with good fortune.
 
Quote from cashmoney69:

I dont know, i guess its just me, but if I lived lower class, or middle class, and was able to achieve great success as a trader, considering how hard it is, and all the crap we go through, I would show off my success. Drive my Lamborghini LP640 spyder around the posh parts of town on a sunday. :) . live a little.
More...

I could be wrong, but improvement in trading for me was an awarness of price. Price is everything. The idea being that I won't enter unless I get the price I want. The only times I loose money (significantly) are on implusive moves, usually due to an entry outside of my desired price. The biggest paydays come when I get an unexpected price but had a bid/ask out there nonetheless.

The point is this... once you realize that price is everything; that stocks (cars, suits, watches etc) are at some point too expensive (and at some point have good value) you start to look at things around you differently. ie I could draw a daily chart of the price of gasoline for the last several weeks for all the stations around town because I've been watching the price with a new awareness for what is value and what is too expensive. I know this is a trivial ex. but I'm just making a point. I find I do this for everything... grocery's, cars... you name it.

I don't think I would ever withhold a luxury but I know I would be much more aware of what I was getting and at what price.

B
 
You must log in or register to reply here.
Back
Top