Good Morning fti.
Glad to see you posting again.
It makes always my day, when I find some new insightful postings from you, when I enter my trading room in the morning. Unfortunately our time windows do not fit for being online at the same time. Seems I'm a few hours late ...
Because you asked:
I'm doing well in private and in trading business (<- for the time beeing).
The last lection I had to learn the hard way was about business and friendship (I know you have highlighted that topic several times). Made some disappointing experiences. It was influencing my mindset very bad. I had to go back to 1,1,1 skews in my trading, to keep my book save. But I think, I'm over it now.
That experience was also the reason, why I was very silent during the past weeks and month here in TAF. But IndianGuyInNY convinced me lately to rethink that decision. Thx Vik!
What I can really say: You have given us all the "tools" and thoughts required to "install" a well working system of selfcontrol (or call it a sub-sector of Risk-Management).
From my experience I can say: I takes a few month only to learn the technical part of trading. But it takes years to become a trader. I think monitoring and judging your innerself is the key. There is one keyword that describes best, what is required: BALANCE.
Very glad that you have found a way to regain your balance.
All the best!
Niels
Glad to see you posting again.
It makes always my day, when I find some new insightful postings from you, when I enter my trading room in the morning. Unfortunately our time windows do not fit for being online at the same time. Seems I'm a few hours late ...
Because you asked:
I'm doing well in private and in trading business (<- for the time beeing).
The last lection I had to learn the hard way was about business and friendship (I know you have highlighted that topic several times). Made some disappointing experiences. It was influencing my mindset very bad. I had to go back to 1,1,1 skews in my trading, to keep my book save. But I think, I'm over it now.
That experience was also the reason, why I was very silent during the past weeks and month here in TAF. But IndianGuyInNY convinced me lately to rethink that decision. Thx Vik!
What I can really say: You have given us all the "tools" and thoughts required to "install" a well working system of selfcontrol (or call it a sub-sector of Risk-Management).
From my experience I can say: I takes a few month only to learn the technical part of trading. But it takes years to become a trader. I think monitoring and judging your innerself is the key. There is one keyword that describes best, what is required: BALANCE.
Very glad that you have found a way to regain your balance.
All the best!
Niels
Dislikednoted.
To each we find our own niche.
yes, redlion, the trader is right. trades are just that, trades, nothing personal.
Money to traders is just ammo. If gets personal about it then becomes a drag.
redjackets, their Mo is slightly different. This because they not need make the market. They lean on paper and keep shaffling the direction.In many ways just scalping. Dealers are a little different , in the sense that every other dealer is trying clobber your donkey , all the time, with size.
For retail traders , I sometime wonder if is because...Ignored