What's the Value In Trading? | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

iCustom Value with another value ? 8 replies

How to get an MA value of first indicators value? 2 replies

Trading sytems losing value with age or the more people trade it. Fact or fiction? 25 replies

Could RSI value show most update value on eur/usd chart? 6 replies

Does forex trading add value to society? 14 replies

Attachments: What's the Value In Trading?
Exit Attachments

What's the Value In Trading?

  • #1
  • First Post: Jun 18, 2019 9:41am Jun 18, 2019 9:41am
I may as well ask you, what's the meaning of life?

It's different for everyone but inherently .. the same. Deep down

Let's say I game the market and make 1 million dollars a day... Sound like the start of a Hollywood movie.

But really...

What's the value in trading>?

The richest men I know.. They are rich in joy for what they do.. In a game where you basically broke 95% of the "people" you come in contact with... and to do it you really need to be stuck to a computer adding zero value to society, just sucking money out of the system... but where is the glory>

like really? Where's the f glory in that? With all the things you can do, why choose this sick tornado? To enjoy it would that make you a little loop? a pschyco or sociopath ?

I dunno.. I just think a lot of the people attracted to trading are genuinely good intelligent people simply looking to get ahead... When in reality they are just walking into a street game worse than a ghetto... and through their own desires never even see it..

Well, I'm no different to you. But just gotta ask ya know... whats the f value here...? IS Money really THAT valuable? What's real here>?

Inserted Video
Time hides Nothing
  • #2
  • Jun 18, 2019 10:42am Jun 18, 2019 10:42am
Bunch of bitches =p

is what i see .// do what they toilder


Inserted Video
Time hides Nothing
  • #3
  • Jun 18, 2019 10:55am Jun 18, 2019 10:55am
Where is the glory in working for a company enslaved by its rules, dress code, training and conduct. Making money for a business that's likely avoiding tax and leaching wherever it can.

The glory in trading is freedom from the mundane slavery of being part of a workforce until you have 1 foot in The grave and then too old to really enjoy life.
  • #4
  • Jun 18, 2019 11:12am Jun 18, 2019 11:12am
Quoting EcoTrader
Where is the glory in working for a company enslaved by its rules, dress code, training and conduct. Making money for a business that's likely avoiding tax and leaching wherever it can. The glory in trading is freedom from the mundane slavery of being part of a workforce until you have 1 foot in The grave and then too old to really enjoy life.
So what you’re saying is you would rather be a slave to a computer screen than a human?

do you think maybe you are trying to take the perceptive “easy way out”?

your reply let me down man.:. Your motives are completely flawed but extremely common so thanks for replying. Much appreciated. Most wouldn’t . At the least you fight for your ground. That’s respectable. Thanks


Inserted Video
Time hides Nothing
  • #5
  • Jun 18, 2019 11:18am Jun 18, 2019 11:18am
Attached Image (click to enlarge)
Click to Enlarge Name: 944241526361fc4c9f019c4dd74b52aa.jpg Size: 113 KB
on a postive roll...
  • #6
  • Jun 18, 2019 11:20am Jun 18, 2019 11:20am
Quoting CindyXXXX
{quote} So what you’re saying is you would rather be a slave to a computer screen than a human? do you think maybe you are trying to take the perceptive “easy way out”? your reply let me down man.:. Your motives are completely flawed but extremely common so thanks for replying. Much appreciated. Most wouldn’t . At the least you fight for your ground. That’s respectable. Thanks https://youtu.be/eBShN8qT4lk
Not at all, I don't need to sit I front of a screen all day to make money from this market, I only need 4 hours a day with Mondays and some Fridays off entirely. I'd rather take the easy way and enjoy lifes joys instead of commuting like a sardine 5 days a week and answerable to some manager.
  • #7
  • Jun 18, 2019 11:28am Jun 18, 2019 11:28am
Quoting EcoTrader
{quote} Not at all, I don't need to sit I front of a screen all day to make money from this market, I only need 4 hours a day with Mondays and some Fridays off entirely. I'd rather take the easy way and enjoy lifes joys instead of commuting like a sardine 5 days a week and answerable to some manager.
Well your claims are delightful

the guys making the money here don’t/can’t do that... just like any business...you’re in or you’re out. Theres no half measures

dont bs me

=p you can bs me its ok im just kidding

But im seriously when i say dont f bs me

Inserted Video
Time hides Nothing
  • #8
  • Jun 18, 2019 11:34am Jun 18, 2019 11:34am
Quoting CindyXXXX
{quote} Well your claims are delightful the guys making the money here don’t/can’t do that... just like any business...you’re in or you’re out. Theres no half measures dont bs me =p you can bs me its ok im just kidding But im seriously when i say dont f bs me https://youtu.be/r4iUibbj-7w
Let me explain, I trade tier 1 data on the economic calendar. Not every but many of these releases are opportunities to trade, the rest of the time is mostly mine. No Bs

The only other trading approach that is more optimal on one's time is automated trading. For the rest its a case of sitting in front of a screen 9 hours a day
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190618_173251_com.sec.android.app.sbrowser.jpg Size: 540 KB
  • #9
  • Jun 18, 2019 11:37am Jun 18, 2019 11:37am
I value my time...my free time more than money. Because being able to do what I need to do or want to do is what Freedom is about. You don't need to be stuck to a computer in order to make money. So Forex among other things can offer that freedom, if done properly.

But let's put that in perspective. Most people own a "smartphone" and most spend their days checking their FB, Twitter, Instagram...not to mention whatever other social site. And for what? Status, entertainment, "socializing?" I'd rather spend some hours a week earning money at my leisure. I do not own a phone smart or not...so yes I am biased you might say...but I would rather say I am smart-er...lol. My time is what I value...aside from #1 value...people...

I started out looking for another investment "opportunity" when I came across Forex. It immediately became a challenge because I was horrible at it and I saw some folks make it seem easy. I couldn't see it...I just couldn't trade if my life depended on it. So I took on the challenge. Along the way I started earning, and it...more importantly...forced me to deal with myself psychologically. You see people mention the importance of the psychological side of trading, but fail to include the psychological side of life. I had to refocus my life in order to succeed in Forex, and I am much better for it.

My family benefits from it...Freedom, money, a better me. Value.
Invest in Life
  • #10
  • Jun 18, 2019 11:42am Jun 18, 2019 11:42am
Quoting Mundo
I value my time...my free time more than money. Because being able to do what I need to do or want to do is what Freedom is about. You don't need to be stuck to a computer in order to make money. So Forex among other things can offer that freedom, if done properly. But let's put that in perspective. Most people own a "smartphone" and most spend their days checking their FB, Twitter, Instagram...not to mention whatever other social site. And for what? Status, entertainment, "socializing?" I'd rather spend some hours a week earning money at my leisure....
Love your stuff mate just reading ....

Inserted Video
Time hides Nothing
  • #11
  • Jun 18, 2019 11:44am Jun 18, 2019 11:44am
Quoting EcoTrader
{quote} Let me explain, I trade tier 1 data on the economic calendar. Not every but many of these releases are opportunities to trade, the rest of the time is mostly mine. No Bs The only other trading approach that is more optimal on one's time is automated trading. For the rest its a case of sitting in front of a screen 9 hours a day {image}
Ou man why explain? Are you trying to convince me or yourself?? The most amazing human i ever met did just that.... sat ... not 9 hours 16 hours a day...

if what you’re doing is working then thats awesome theres no need to explain just keep doing it
Time hides Nothing
  • #12
  • Jun 18, 2019 11:49am Jun 18, 2019 11:49am
Quoting Mundo
I value my time...my free time more than money. Because being able to do what I need to do or want to do is what Freedom is about. You don't need to be stuck to a computer in order to make money. So Forex among other things can offer that freedom, if done properly. But let's put that in perspective. Most people own a "smartphone" and most spend their days checking their FB, Twitter, Instagram...not to mention whatever other social site. And for what? Status, entertainment, "socializing?" I'd rather spend some hours a week earning money at my leisure....
Definitely benefits in life that the skills earned from trading brings

Attention to detail
Aware of risk
Quality of process and efficiency
Learn to accept being wrong
Understanding what's going on in the world

I am sure there are many more points here but I am having a pint of bluemoon and enjoying the value of booze
  • #13
  • Jun 18, 2019 12:02pm Jun 18, 2019 12:02pm
Quoting EcoTrader
{quote} Definitely benefits in life that the skills earned from trading brings Attention to detail Aware of risk Quality of process and efficiency Learn to accept being wrong Understanding what's going on in the world I am sure there are many more points here but I am having a pint of bluemoon and enjoying the value of booze
LOL

I want to add that it has to go beyond trading psychology. I have a saying, which I have mentioned before...

More money only makes you more of who you are.

So for me it has to be important, and of value, to work on oneself in order to be in a position to best use the freedom and money. Otherwise, like in my case, I was an asshole, to summarize. More money would have given me ammunition to exercise my "right" to be an even bigger asshole. Might not be true for some...but more often than not...yeah...that happens. That is why some folks come across tons of money...like lottery winnings and in no time lose it all.

It is to our best interest, to be the best we can be...in order to give the best we can.
Invest in Life
  • #14
  • Jun 18, 2019 12:04pm Jun 18, 2019 12:04pm
But whats the real value here

whats the real value in trading. Tell me that



Inserted Video
Time hides Nothing
  • #15
  • Jun 18, 2019 12:12pm Jun 18, 2019 12:12pm
Quoting CindyXXXX
But whats the real value here whats the real value in trading. Tell me that https://youtu.be/JUkIkRmUr0Y

Discovering your potential
  • #16
  • Jun 18, 2019 12:20pm Jun 18, 2019 12:20pm
I agree whole-heartedly. Trading provides no value to anyone or anything. It’s no different from getting paid to play a video game. At least with an office job you’re contributing ‘something’, and at least with a manual labor job you’re building or somehow improving people’s lives.

When I walk away from the charts I feel empty, it hasn’t improved my life one bit, except financially. But thanks to trading I’ve been able to do my current job which I couldn’t have done otherwise, which is giving intermittent but round-the-clock care to an elderly family member. That improves my life as well as someone else’s.

In probably the next year or two I won’t have that job, and so I’m preparing to go back to my first career, in music. I’m able to practice throughout the day, and I’ve begun composing, which I didn’t do much of the first time around; and I’ll tell you that I don’t get any greater of a feeling of self-worth than when I sit down and write music. My playing and hopefully my compositions make other people happy and it improves their lives. And, thanks to the markets I won’t need to worry about making a living from it.

So, don’t day-trade. Take longer-term positions and give yourself enough time to do something of value.
  • #17
  • Jun 18, 2019 1:11pm Jun 18, 2019 1:11pm
Why does someone's income stream need to have value attached to it? Like Eco said, its no different from working for someone else. At least this way you only answer to yourself.

Unless you are one of the very few whose job provides them with clear purpose (doctor, etc), you'll have to find a purpose elsewhere. That's just how it is for the vast majority of us.
  • #18
  • Jun 18, 2019 5:05pm Jun 18, 2019 5:05pm
I've been a paramedic for 22 years. I've had plenty of human " value" over that time in the job. I find Sitting down and trading is quiet non human interaction time for me ( except when i engage on FF). I took time off work to try trading fulltime because I'd really had enough of the stresses of being a frontline emergency worker and wanted to find a job where no one screams or dies. That sounds melodramatic but it's true. Last time I had time off work my first job back was a hanging. Mostly being an ambo is great with a wonderful work family, but there's no avoiding the occasional awful work. Anyway as any trader knows, trading is full of it's own stress and having failed to find consistency I am back at work as an ambo. My mental health has improved and I am comfortable back in the role I've done for so long. I still trade and love trading and aspire to replace my income with trading..the value for me as already mentioned above by others, is the potential to earn more money in less time and free up personal time, as well as retire from stressful shift work. I do have to concede though that when I was full time trading and losing money, it was far more stressful and savaging to my mental health than any time in the ambos. The grass is not always greener and trading is a hard trade. Life is full of experiences and options, I like exploring options, and I hope in the future I can be part time ambo, part time trader
Cheers h
  • #19
  • Jun 18, 2019 5:40pm Jun 18, 2019 5:40pm
Quoting hellsbells
I've been a paramedic for 22 years...
Despite all the crap you encounter (sometimes literally, I suppose) it’s gotta be a pretty satisfying job. You’re helping people in a very real way.
  • #20
  • Jun 18, 2019 6:21pm Jun 18, 2019 6:21pm
Trading its just a tool to make money its that simple..

you want to find value on it? ok cool.. what are you going to do with the money that this activity called "trading" can provide you?? You can copy trade between a few accounts and take the earnings to make donations, help the "poor", animal shelters, whatever, you mind its the limit!!


thats the real "value" do something with that money !! remember, money = a tool/resources to acomplish something, you decide what it is
0 traders viewing now