Unforeseen trading problem, other people hate success

dreamer you have a problem as much as the guy who is jealous of you...

Spend a few bucks on some books:

The Now Habit - by Neil Fiore (you're making excuses about your trading, and procrastinating)

http://www.amazon.com/Now-Habit-Overcoming-Procrastination-Guilt-Free/dp/0874775043

Taming your Gremlin - by Rick Carson

http://www.amazon.com/Taming-Your-Gremlin-Revised-Surprisingly/dp/0060520221

This book speaks for itself- better than 99% of all trading psychology and life psychology books out there.

Adrienne Toghraies trading books / sets are a good start from tradingontarget.com

You'd get immediate benefit from the 1st two books, I did.
 
Quote from Port1385:

It makes a lot of sense. Look at this website. When ever anyone has a story of good fortune, they are preyed upon and mocked by the ET gallery of experts. However, negative stories are met with embrace and warmth.

Many years ago, when I was selling, the sales manager told me the best words of advice. This is a game of poker and you want to show them only as much as they need to know. The manager was really telling me about the art of the deal, but his words were the best words about life that I have ever heard.

So, you only want to display to people only as much as they need to know. You dont know how other people may react in what way or how jealous they will get of what you are doing in life. You want to keep your life a secret from everyone and only tell them so much. Even your own family should only know so much about the things you do.

When you are around anyone to include family and good friends, tell them only so much. They dont need to know exactly what you do or how much you make. They are not your accountant or attorney. Tell them that you are in the financial business, but do not elaborate. If they start to dig further, just get even vaguer.

The more you tell people about yourself, the more edge they will have over you. Its always good to be vague and to spin things in a generic way leaving out details. Details are for your accountant and attorney, not anyone else.

Unfortunately, this is how it is in life. You simply cant trust anyone with full disclosure. Get used to it, live with it.
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Great post!!!

Making conversation with people outside the business about the business at all is not useful. Talk sports, American Idol... hell, even politics, religion, and SEX before talking about your trading in depth.

"I came in, feeling nice and relaxed, then and right off the bat 15 minutes into the day I was up a smooth $1500. After that, I started slowly bleeding money, $150 at a time... 5 times in a row, I was up only $750 an hour into the work day. Then I took a $400 loss and got so pissed off I threw away another $400. I was steaming pissed, now I was slightly negative on the day. I walked outside, took a break. Came back in, relaxed, saw a sick setup, because I was still a little pissed I took more size than I should have, but it worked out, and I made $800. From there until the rest of the day, I was able to grind together another $1000 and finished up about $1700."

Some might read that and think I trade too emotionally (I probably do, my downfall), but my point is... people outside of the business just can't relate to that! That's what a normal day might be like, but they hear that and are like "wtf."
 
Quote from DreamerLikeYou:

I admired successful traders, I wanted to know what they know

But I find as soon as people hear you are making money of the market, you become a lot less liked

next thing you know, no invitation to BBQs etc



there are plenty of people I hated: religious fanatics both christian and muslim, evil folks like Saddam and Bush

but I never hated successful traders,

that just doesn't make sense :confused: :confused:
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Here's an idea!
Buy your own BBQ, invite people you don't know and who don't know you.
You will find that they are much nicer, (until you get to know them!) .
 
Quote from DreamerLikeYou:

yes but the whole point is how IT is not a constructive emotion for the person doing it
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Neither is resent, but we have a world full of it.. I heard a preacher talking about resent. He said "it's the poison you take thinking it will harm the other person".

I knew more than one person that didn't like traders at all. They felt that the stock market was there so people could invest in a company and own part of it, not for people to make money off of by trading... My main secret in life, to keep other people from sobotaging what I am doing or interfering or even having some krappy opinion that I don't need to hear is to never tell them what I'm doing... I have my agendas in every area of life, they are moving along ok, doing no harm in case anybody is wondering.. but nobody that doesn't have to, has a clue much what I'm doing or where I'm going.... If I'm highly succesful at some point and it's obvious, I still won't tell them what I do.. if they really press me to find out I'll push them to the periphery of my life... none of them can help, therefore the only thing they can do is to either be happy that I'm happy or they can get in the way. Many will do just that so I learned to just keep them in the dark, treat them to nice vague words, it's not their business what I do or how or where or anything..
 
An interesting thread. I wonder how many times people here hear this kind of advice from their friends? Isn't the internet beautiful?

Still maybe one should question if certain relationships one has with certain people are as strong as you'd want them to be if one feels more comfortable talking like this anonymously over the internet rather than talking to someone one knows. My observation in general is that the word "friend" seems overused and debased by many people.
 
Quote from Capablanca:

An interesting thread. I wonder how many times people here hear this kind of advice from their friends? Isn't the internet beautiful?

... My observation in general is that the word "friend" seems overused and debased by many people.
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Words of wisdom.
 
Quote from DreamerLikeYou:

yes but the whole point is how IT is not a constructive emotion for the person doing it
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"If the other person is perceived to be similar to the envier, the aroused envy will be particularly intense, because it signals to the envier that it just as well could have been him or her who had the desired object." -wiki
 
Success breeds envy, especially in those closest to you.
My 2cents: Enjoy your success, but don't go out of your way to advertise it. Help those you can, and leave the envious/resentful individuals to their own devices.

"Few of us can stand prosperity. Another man's I mean." ....Mark Twain
 
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