Trading is a BUSINESS!

Turveyd said:
I knew a lad, who inherited millions and blew most of it in Casino's every friday night wouldn't think twice about blowing 3K-5K in a night. Eventually he want bankrupt, lives in a council house on a nasty estate these days.

1 of his clients ( expensive sports cars ), won the lottery, 3Mil I think, hated it, blew it all on cars (300K cars ) drive them for a week sell them for a huge loss and repeat, he came and read my gas meter a few years ago, literally, I know you aren't you a... hated it blew it, got a fiesta diesel and read gas meters LOL

Another millionaire mate inherited, makes 25K per month from his business, but spends his entire life worrying they'll be out on the street, drives a 12 year old normal car but lives in a million £ house he bought for CASH, tighter than a ducks arse.


People are STRANGE!
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Well I'm kinda a combination of the above.

I sometimes like to gamble but loss averse, I have a sports car that I bought, but I love
it and don't intend to sell it though do realize it wasnt the wisest of investments
and usually after splurging on something I lay awake at night worrying I'll be out in the streets LOL.
 
AdrianHagh81 said:
Well I'm kinda a combination of the above.

I sometimes like to gamble but loss averse, I have a sports car that I bought, but I love
it and don't intend to sell it though do realize it wasnt the wisest of investments
and usually after splurging on something I lay awake at night worrying I'll be out in the streets LOL.
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Ahhh your 1 of those crazy rich people its wasted on as you cant spend any if it as you wont be rich any more.


I'm a spend as i go, for tomorrow may never come, kinda guy, hence borderline bankrupt for 18 years but its been fun :)
 
Turveyd said:
Ahhh your 1 of those crazy rich people its wasted on as you cant spend any if it as you wont be rich any more.


I'm a spend as i go, for tomorrow may never come, kinda guy, hence borderline bankrupt for 18 years but its been fun :)
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I'm middle class, single, self made, worked my way through grad school and the corporate ladder.

Started trading because I tought my job is becoming a dead end, and I don't really fit
in well with my work group.

Your a brit aren't you ? I went to liverpool once, saw scoursers literally stealing hubcaps.
My the steoretype do fit sometimes.
 
AdrianHagh81 said:
I'm middle class, single, self made, worked my way through grad school and the corporate ladder.

Started trading because I tought my job is becoming a dead end, and I don't really fit
in well with my work group.

Your a brit aren't you ? I went to liverpool once, saw scoursers literally stealing hubcaps.
My the steoretype do fit sometimes.
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I'm totally class less LOL

Worked in Liverpool for a few days, not a place I want to revisit but the girlies in the office I worked at would likely persaud me otherwise!

My business is drying up maybe, getting slower for sure, but something always seems to come up in the knick of time to get me by, sooner or later this will fail, so trading is plan B, although moving it to plan A soon I think.

2 weeks off pretty much, got to get head back into the game, accepting risks is always tricky.
 
Yeah, LOL.

seeing the writing is on the wall on my day job plunged me into serious trading a year ago.
first few months were total disasters then it went better.


been a good ride so far.

So what business do you do ?
 
AdrianHagh81 said:
Yeah, LOL.

seeing the writing is on the wall on my day job plunged me into serious trading a year ago.
first few months were total disasters then it went better.


been a good ride so far.

So what business do you do ?
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Computers, mainly programmer big systems for large companies, but done on the cheap normally sadly :(

Not stopping and starting, trade 1 day, don't for 2 weeks or more will help, I generally trade badly at first then improve then get busy and repeat.

Haven't got to make that much to support me, going 50/50 with business at first so $1000 per month end of Feb first withdraw should be easy enough.

Close the business end of March ( hopefully ) then end of May I'll need $2500 say to be on the safe side per month.

Just missed a $700 profit on DAX and climbing, first day back wussing.
 
Turveyd said:
Computers, mainly programmer big systems for large companies, but done on the cheap normally sadly :(

Not stopping and starting, trade 1 day, don't for 2 weeks or more will help, I generally trade badly at first then improve then get busy and repeat.

Haven't got to make that much to support me, going 50/50 with business at first so $1000 per month end of Feb first withdraw should be easy enough.

Close the business end of March ( hopefully ) then end of May I'll need $2500 say to be on the safe side per month.

Just missed a $700 profit on DAX and climbing, first day back wussing.
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yeah, IBM mainframe legacy stuff ?


Since you're already a programmer have you tried automating ?
 
AdrianHagh81 said:
yeah, IBM mainframe legacy stuff ?


Since you're already a programmer have you tried automating ?
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No, no call for that around here, talking VB6, Access 2003 mainly, some Andriod App's, some web Dev with VB.Net, my skill set is fairly old, mainly due to the newer stuff being horrible and far to time consuming to dev with. ( used to write games on C64 then Amiga, all big teams these days, more of a lone wolf )

Years ago I dabbled, might / should have better luck these days but not really a fan, my method is simple but still nah, computers can't think and following basic rules is never enough.

It's not that hard to trade, sit her watching TV/Films, or go out for a walk or even the gym or mates house and clients at times :) 3G and a Ipad or Sony Z Ultra work great.

Today is more of a watching day, get head back into get back in it, Monday / Tuesday start increasing trades.
 
Just made $228 ( 19pts ) in 2mins and 1 second on DAX's turn back down :)

Easy money, risked 8pts, this is not rocket science :)
 
Turveyd said:
No, no call for that around here, talking VB6, Access 2003 mainly, some Andriod App's, some web Dev with VB.Net, my skill set is fairly old, mainly due to the newer stuff being horrible and far to time consuming to dev with. ( used to write games on C64 then Amiga, all big teams these days, more of a lone wolf )

Years ago I dabbled, might / should have better luck these days but not really a fan, my method is simple but still nah, computers can't think and following basic rules is never enough.

It's not that hard to trade, sit her watching TV/Films, or go out for a walk or even the gym or mates house and clients at times :) 3G and a Ipad or Sony Z Ultra work great.

Today is more of a watching day, get head back into get back in it, Monday / Tuesday start increasing trades.
More...

You know I think some specialized domain knowledge is crucial if your a software developer nowdays.
As in pick an industry area you want to specialize like insurance, waste management,
utility billing, etc etc.


All the generic stuff and your directly competing with outsourced labour from India
and recently vietnam.
 
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