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I love Trading

  • #21
  • Aug 29, 2010 4:40am Aug 29, 2010 4:40am
Quoting bug
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...
ditto - nice answers
Time hides Nothing
  • #22
  • Aug 29, 2010 4:41am Aug 29, 2010 4:41am
Quoting ozpips
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
Yeah you can even bail or add half way through the "race" and create your own "odds"
Time hides Nothing
  • #23
  • Aug 29, 2010 4:42am Aug 29, 2010 4:42am
Quoting FX Borat
I love trading because I´m not good at anything else.
ohhhh I bet thats untrue Perhaps you're just not good at acknowledging what you're good at! Know thy self
Time hides Nothing
  • #24
  • Aug 29, 2010 4:46am Aug 29, 2010 4:46am
Quoting Special One
.I love trading because when I trade, I feel that there is only market and me are exist in this world.
A nice feeling but dangerous as well! Its nice and quiet when you're trading its easy to forget that 3 trillion dollars are being exchanged by hundreds of millions of people in front of your eyes.

Quoting Special One
.
I love trading because I have 100% control of my decision in trading and have 100% responsible to my trading result.
I like this too!
Time hides Nothing
  • #25
  • Aug 29, 2010 4:48am Aug 29, 2010 4:48am
Quoting ErikG23
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
Good stuff Erik
Time hides Nothing
  • #26
  • Aug 29, 2010 5:03am Aug 29, 2010 5:03am
I don't like trading.

I do it because it's one of the few ways a small fry in the rat race can break out. But because it isn't guaranteed, it is always dangerous and frankly I don't like the thought of going broke.

Gone is the euphoria of "I WILL BE A MILLIONAIRE!!!" that I had when I started. Only with good luck and some strong discipline will I achieve the results I hope for.
  • #27
  • Aug 29, 2010 5:34am Aug 29, 2010 5:34am
Quoting tdion
I don't like trading.

I do it because it's one of the few ways a small fry in the rat race can break out. But because it isn't guaranteed, it is always dangerous and frankly I don't like the thought of going broke.

Gone is the euphoria of "I WILL BE A MILLIONAIRE!!!" that I had when I started. Only with good luck and some strong discipline will I achieve the results I hope for.
Hey Tdion

C'mon admit it... you love it So you hold the view that forex is extrememly risky and you have given up the million dollar dream yet I saw you post in another thread your goal is to make as many 1000% trades in a year as you can turning a 20K investment into potential 1 million... Is this not backwards?

BTW - with your permission I'd like to PM you about this (1000% strategy) if thats ok. Not trying to divulge your secrets - just interested in your opinion of my own.

Let me know - Cheers
Time hides Nothing
  • #28
  • Aug 29, 2010 5:39am Aug 29, 2010 5:39am
Quoting tdion
I don't like trading.

I do it because it's one of the few ways a small fry in the rat race can break out. But because it isn't guaranteed, it is always dangerous and frankly I don't like the thought of going broke.

Gone is the euphoria of "I WILL BE A MILLIONAIRE!!!" that I had when I started. Only with good luck and some strong discipline will I achieve the results I hope for.
I don't like trading either.

I do it because I'm good at it and its what I know. Trading allows me to afford the little luxury in life and opens up my free time to enjoy life a little more. Other than that trading is dull, risky, and stressful. I don't care how successful you are at trading any market, there will always to the idea of losing everything sitting in the back of your mind. But at the same time I would not work another 9-5 jobs in my life, no matter how much they paid me. I'm good at my craft and will continue to push ahead. My goal in trading is to retire within 5 years. So every little profit I make goes towards a retirement account because I just can't see myself doing this for another 5 years. I'm planning on putting this chapter of my life in the archives folder and focus on future activities thats more humanitarian/environmentally focuses. Looking to live a stress-free life from here on out.
  • #29
  • Aug 29, 2010 5:43am Aug 29, 2010 5:43am
Quoting Jhig
I don't like trading either.

I do it because I'm good at it and its what I know. Trading allows me to afford the little luxury in life and opens up my free time to enjoy life a little more. Other than that trading is dull, risky, and stressful. I don't care how successful you are at trading any market, there will always to the idea of losing everything sitting in the back of your mind. But at the same time I would not work another 9-5 jobs in my life, no matter how much they paid me. I'm good at my craft and will continue to push ahead. My goal...
Interesting replies from some experienced traders...
Time hides Nothing
  • #30
  • Aug 29, 2010 5:48am Aug 29, 2010 5:48am
That's fine...
  • #31
  • Aug 29, 2010 5:49am Aug 29, 2010 5:49am
I never gave up a million dollar dream. I am still at the factory, right?

PM is fine.
  • #32
  • Aug 29, 2010 5:56am Aug 29, 2010 5:56am
Quoting tdion
I never gave up a million dollar dream. I am still at the factory, right?

PM is fine.
Cheers m8 studying for an exam at the moment (come on here to procrastinate) so might be tommorow some time as it may be a bit lenghty

Glad the dream is still alive for you. I hope the belief is as well

cheers
Time hides Nothing
  • #33
  • Aug 29, 2010 7:03am Aug 29, 2010 7:03am
Trying to find a consistent edge is fun and challenging. The actual act of trading though, I despise, which is why I've focused 100% of my efforts on automating the process.
  • #34
  • Aug 29, 2010 7:05am Aug 29, 2010 7:05am
Quoting Aldente
Trying to find a consistent edge is fun and challenging. The actual act of trading though, I despise, which is why I've focused 100% of my efforts on automating the process.
What do you despise about it?
Time hides Nothing
  • #35
  • Aug 29, 2010 7:57am Aug 29, 2010 7:57am
Quoting CindyXXXX
What do you despise about it?

As a naturally impatient person, sitting in front of my computer for 10-20 hour stretches waiting for trading signals or babysitting trades is extremely frustrating and stressful. The sleep deprivation for fear of missing "the really good trade opportunity" or worrying about an open position doesn't help either.

At least a professional poker player can choose exactly when he plays and when he focuses his mental energy, the market does not give you that luxury.

I don't mean to sound so negative but I just find manual trading to be incredibly mentally exhausting, and not really in a good way.

That said, I still love the challenge, and I have to admit I'm a bit of a gambler at heart as well.
  • #36
  • Aug 29, 2010 8:08am Aug 29, 2010 8:08am
Quoting Aldente
As a naturally impatient person, sitting in front of my computer for 10-20 hour stretches waiting for trading signals or babysitting trades is extremely frustrating and stressful. The sleep deprivation for fear of missing "the really good trade opportunity" or worrying about an open position doesn't help either.

At least a professional poker player can choose exactly when he plays and when he focuses his mental energy, the market does not give you that luxury.

I don't mean to sound so negative but I just find manual trading to be incredibly...
I see exactly what you're saying but I think if you learnt to use these things to your advantage then it wouldn't seem like such an effort

Still everybodys different

10 -20 hour stretches - whoah - not for me either!
Time hides Nothing
  • #37
  • Aug 29, 2010 8:20am Aug 29, 2010 8:20am
i love trading coz i think and i hope have probability / chance
40%= for lose and 60 % = for win ,,, maybe more

i have gamble for over 30 years
in gamble the probability / chance is
55%= for lose and 45%= for win < 5% is commission>

im trading forex for 3 years

i think most people trading coz have gamble blood like me .,,
is that right ??

regard
sumakianlee
  • #38
  • Aug 29, 2010 9:22am Aug 29, 2010 9:22am
@ CINDY


L-I-K-E
______


* freedom from a regular job & spend more time with friends & family
* great stimulant for the mind & improves focus tremendously
* it gives you a high after being consistently profitable & moving in harmony with the smart money
* brings discipline & patience...before forex happened, i considered my self to be a patient person
* get to meet some amazing people at times who are not only good traders but very good people & are REAL
* Since i am a fighter & i always bounce back..after a loosing streak, winning plays become great turn on
* Makes you humble by showing you... what you are worth !


H-A-T-E
_______


* when you are hit from a sniper
* manual trading & eyeballs zooming on screen for x hrs, i do not believe in automative solutions
* when i jump on a bad setup
* when i preferred trading over women to face the consequences



Warm Regards,
rishi


x________________________________x
  • #39
  • Aug 29, 2010 9:29am Aug 29, 2010 9:29am
Yes I'm in love with "sexy darling". I think she knows. It wasn't love at first sight, it took some time to build up. This worries me a little since it's a lot harder to handle than I thought. I used to be unaware of my feelings, and when it struck me, I tried to deny, tried to act as if nothing happened. How feeble and futile my attempts were. Well this is love.
Anyone ever been there knows it's hard to talk about it because words often come out wrong.
I know she understands that life's complex, we got partners to kiss, kids to raise, trains to catch, men to see ... so I couldn't be more than her part time lover ... sure she deserves more ...


... if this sounds like a good deal of nonsense, well, have a laugh and ignore it.
forget about tomorrow, just steal away into the night
  • #40
  • Edited 9:52am Aug 29, 2010 9:38am | Edited 9:52am
Quoting spekitox
Yes I'm in love with "sexy darling". I think she knows. It wasn't love at first sight, it took some time to build up. This worries me a little since it's a lot harder to handle than I thought. I used to be unaware of my feelings, and when it struck me, I tried to deny, tried to act as if nothing happened. How feeble and futile my attempts were. Well this is love.
Anyone ever been there knows it's hard to talk about it because words...
LOL - You must be as drunk as I am !
Time hides Nothing
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