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I love Trading

  • Poll

  • What is your greatest motivation for trading
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  • #1
  • First Post: Aug 26, 2010 6:41pm Aug 26, 2010 6:41pm
Do you?

What do you like and hate most about it ?

The first person who answers "like winning" "hate losing" has to drop and giv me 50 push ups... On 1 finger
Time hides Nothing
  • #2
  • Aug 26, 2010 6:46pm Aug 26, 2010 6:46pm
I'll go first...

I love the thrill of anticipating the actions of people who move the market, hours or days ahead, layinig plans and then executing those plans for profit

I hate the waiting but have learnt to live with it, I hate making mistakes where I have deviated from my plan, or made the wrong plans to begin with
Time hides Nothing
  • #3
  • Aug 26, 2010 7:05pm Aug 26, 2010 7:05pm
I like losing, because when I lose there's other person, in other part of the planet, a trader, a forex dealer, a tourist who exchange his money, a banker... There's other person who wins, cause forex is a zero-sum game, so I'm very happy when I lose because I'm sooo altruist and I like to make happy other people
  • #4
  • Aug 26, 2010 7:09pm Aug 26, 2010 7:09pm
Quoting Trad3r
I like losing, because when I lose there's other person, in other part of the planet, a trader, a forex dealer, a tourist who exchange his money, a banker... There's other person who wins, cause forex is a zero-sum game, so I'm very happy when I lose because I'm sooo altruist and I like to make happy other people
haha - good for you - and i thank you for your donations
Time hides Nothing
  • #5
  • Aug 26, 2010 7:18pm Aug 26, 2010 7:18pm
Hi Cindy,

I love trading because it's so mentally challenging. Like a game of chess on steroids.
I find it's a great stimulant for the mind trying to work out where the market is heading. It is a test of nerve and kohunas. I'm not exactly great at it at the moment but I'm really determined to succeed.
How long that takes doesn't really matter, nothing I enjoy more and that's coming from a passionate horse racing fan for many decades.
  • #6
  • Aug 26, 2010 7:24pm Aug 26, 2010 7:24pm
like winning and hate losing

Quoting CindyXXXX
Do you?

What do you like and hate most about it ?

The first person who answers "like winning" "hate losing" has to drop and giv me 50 push ups... On 1 finger
Annoying Precision
  • #7
  • Aug 26, 2010 7:27pm Aug 26, 2010 7:27pm
Really though - I love trading because it's going to enable me to help others in need on a large scale.
Annoying Precision
  • #8
  • Aug 26, 2010 7:28pm Aug 26, 2010 7:28pm
I like trading because it can give you all the happiness in the world as well as all the SORROW AND PAIN in the world
  • #9
  • Aug 26, 2010 7:33pm Aug 26, 2010 7:33pm
Quoting Trad3r
cause forex is a zero-sum game
forex is a negative sum game .... most of the times?
you may lose, I may win, BUT, the broker always wins.
  • #10
  • Aug 26, 2010 7:42pm Aug 26, 2010 7:42pm
Quoting erikte279
Really though - I love trading because it's going to enable me to help others in need on a large scale.
I like this idea as well
Time hides Nothing
  • #11
  • Aug 26, 2010 7:44pm Aug 26, 2010 7:44pm
Quoting ozpips
Hi Cindy,

I love trading because it's so mentally challenging. Like a game of chess on steroids.
I find it's a great stimulant for the mind trying to work out where the market is heading. It is a test of nerve and kohunas. I'm not exactly great at it at the moment but I'm really determined to succeed.
How long that takes doesn't really matter, nothing I enjoy more and that's coming from a passionate horse racing fan for many decades.
A game of chess on steroids lol - sounds like you have the right attitude, as a long time horse racing fan (and presumably punter) do you find this helps you with the money management side of things?
Time hides Nothing
  • #12
  • Aug 26, 2010 7:48pm Aug 26, 2010 7:48pm
I love trading because I have a secret desire to destroy myself.
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  • #13
  • Aug 26, 2010 7:54pm Aug 26, 2010 7:54pm
Quoting Slack
I love trading because I have a secret desire to destroy myself.
so what do you hate about it then MR Negatron?
Time hides Nothing
  • #14
  • Aug 26, 2010 8:00pm Aug 26, 2010 8:00pm
Quoting CindyXXXX
so what do you hate about it then MR Negatron?
I hate it for making me wait so long before pulling the trigger.
  • #15
  • Aug 26, 2010 9:05pm Aug 26, 2010 9:05pm
Quoting CindyXXXX
I'll go first...

I love the thrill of anticipating the actions of people who move the market, hours or days ahead, layinig plans and then executing those plans for profit

I hate the waiting but have learnt to live with it, I hate making mistakes where I have deviated from my plan, or made the wrong plans to begin with
Very well said, Cindy. Another added bonus is that I'm always up to date with the news. With every trade/profit, its another step towards achieving my dream - become a RE Developer.

I can't vote yet, so +1 for challenge and financial freedom!

EG
  • #16
  • Aug 26, 2010 10:20pm Aug 26, 2010 10:20pm
I love trading because when I trade, I feel that there is only market and me are exist in this world.
I love trading because I have 100% control of my decision in trading and have 100% responsible to my trading result.
  • #17
  • Aug 27, 2010 1:09am Aug 27, 2010 1:09am
Quoting CindyXXXX
A game of chess on steroids lol - sounds like you have the right attitude, as a long time horse racing fan (and presumably punter) do you find this helps you with the money management side of things?
I've always erred to the conservative side of things so while I may be giving up the right to have a massive win it enables me to preserve my capital. Never kept a tab on the "sport of kings" but frequent withdrawals from my account are in my memory bank, can't say that about this game just yet though. A horse will win OR lose in 55sec-3.20mins. In Forex you can do both in any given trade and then come out a draw
  • #18
  • Aug 27, 2010 2:16pm Aug 27, 2010 2:16pm
Like many others I like the challenge, the freedom it gives me. Also one of the biggest reasons is much like that game of golf that I am passionate about it is something that one can get good at but never master and even if you are the best in the world you will often make mistakes, guess wrong, and loose.
  • #19
  • Aug 28, 2010 5:24am Aug 28, 2010 5:24am
1. I love trading because it forces me to be more disciplined. This discipline overflows into other areas of my life, which is great, because I wasn't that great on discipline (I still gotta work on that, I'm slow).

2. I love trading because a good trader is a trader who knows himself well. Trading has forced me to monitor myself, think about the things I did wrong (and why) and make adjustments accordingly. Greed, fear, patience, egotism, naivete..you name it, it's on the list of things that keep popping up and need adjusting. I love it because these things have real life consequences outside of trading and I have learned a lot about myself that has made my life better.

3. I love trading because I can never let my guard down, not even for one day. Well alright...one day is an exaggeration because we all have drawdowns and losing days/weeks. Nevertheless, overall, I need to be at my best every single trading day unless I want to lose my capital. An office worker can have his/her ups and downs from day to day, but nobody is going to take away money from his bank account because he had a bad day. People with performance bonuses get the rewards, but not the downside, like traders. We're a lonely sadistic bunch, I tell you. But I love it because I like being active, trying to do my best and everything that comes with it. I very much dislike slacking off and doing nothing.
If you don't risk, you don't ever have to lose.
  • #20
  • Aug 28, 2010 5:28am Aug 28, 2010 5:28am
I love trading because I´m not good at anything else.
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