It's 3:35 AM and I'm still wired from playing hockey tonight. I've got a lot on my mind lately, so I'm making a journal type journal entry.
Earlier today, I closed out some pips and figured out some numbers on my account since I started trading actively a little over a month ago. There wasn't much in it from when I got burned out last year, took out most of the money and basically took a year off. I wanted to get my "game" back before I put some decent money into it so I set a number and a time frame and would evaluate things which ever came first.
I haven't hit the number yet, but I'm close and way ahead of schedule. Hitting the number wasn't a big surprise and most people probably wouldn't believe it if I said what it is anyway. I've done 2x the number in a shorter amount of time. What is a surprise is that I'm not looking for that day when I trade for a living. I've even decided not to fund the account with the amount I was planning. Maybe 1/2 that at best.
The reason is simple. Not caring has made trading so much more enjoyable. I mean, I enjoy trading my style and it's been a long hard journey to be able to do what I do. And believe me, I love making money. See... I'm a balls to the wall kinda guy. I don't do things as "hobbies". When I set out to do something, I do it all the way. That doesn't mean I'm thrill seeker.. not that I don't seek thrills.. trading just doesn't really thrill me like charging down a mountain on a snowboard or playing hockey does. But if I go back to trading with the same intensity as I usually do, the result will probably be the same... getting burned out and walking away for 6 months or a year like I have in the past and then having to relearn it all. Heck, who knows... maybe I'd walk away for good.
This time around trading is a hobby. A hobby with a financial reward, but that's not the focus anymore. Just trading well and researching my hair brain ideas when the come. The money will just do it's thing and if it ends up becoming an amount I can't ignore anymore I think I'll drain it back to an amount I can ignore.
One last thing before I sign off for the night... anything is possible in this world. There are definitely improbabilities.. but even a snow ball chance in hell is still a chance. Define your realities and then go about making them realities.
Earlier today, I closed out some pips and figured out some numbers on my account since I started trading actively a little over a month ago. There wasn't much in it from when I got burned out last year, took out most of the money and basically took a year off. I wanted to get my "game" back before I put some decent money into it so I set a number and a time frame and would evaluate things which ever came first.
I haven't hit the number yet, but I'm close and way ahead of schedule. Hitting the number wasn't a big surprise and most people probably wouldn't believe it if I said what it is anyway. I've done 2x the number in a shorter amount of time. What is a surprise is that I'm not looking for that day when I trade for a living. I've even decided not to fund the account with the amount I was planning. Maybe 1/2 that at best.
The reason is simple. Not caring has made trading so much more enjoyable. I mean, I enjoy trading my style and it's been a long hard journey to be able to do what I do. And believe me, I love making money. See... I'm a balls to the wall kinda guy. I don't do things as "hobbies". When I set out to do something, I do it all the way. That doesn't mean I'm thrill seeker.. not that I don't seek thrills.. trading just doesn't really thrill me like charging down a mountain on a snowboard or playing hockey does. But if I go back to trading with the same intensity as I usually do, the result will probably be the same... getting burned out and walking away for 6 months or a year like I have in the past and then having to relearn it all. Heck, who knows... maybe I'd walk away for good.
This time around trading is a hobby. A hobby with a financial reward, but that's not the focus anymore. Just trading well and researching my hair brain ideas when the come. The money will just do it's thing and if it ends up becoming an amount I can't ignore anymore I think I'll drain it back to an amount I can ignore.
One last thing before I sign off for the night... anything is possible in this world. There are definitely improbabilities.. but even a snow ball chance in hell is still a chance. Define your realities and then go about making them realities.