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Being a trader is a way of life

  • #41
  • Oct 10, 2014 12:59am Oct 10, 2014 12:59am
Quoting four.owls
{quote} Firstly you have it backwards, my trading reflects me, my personality and in that sense trading is an extension of myself, not the other way that 'taking other's money' as an external concept that I absorb to who I am..no it is WHO I AM THAT GOES INTO THE MARKET PLACE.
That I can totally agree with. Everything you do in life reflects your own personality. But saying trading has a deeper meaning that it is a way of life is not comprehensible for me. So nothing wrong with you defining your trading, but if trading starts to define you, then you are doing something wrong (at least in my opinion).
Quoting four.owls
Then all the more reason for adding beauty to the career! But that argument is from only one point of view, I mean do Butchers, Bankers, people in forestry, mining or other professions put themselves down because of some intrinsic negative aspect of their job? No, we do what we can to provide for our families and see the flowers rather than the other trader who 'has' to lose!!
Yeah, but why do they not care? Because I think they view it as a job that fits their skills and provides reasonable income. Again, nothing magical about that. It is just a means to providing for your family.

Quoting four.owls
Lastly this trading game really is such smoke and mirrors, with so much money out there that my insignificant winnings can hardly be traced to some poor soul on the other end who needs it to survive..Perhaps you should think a bit deeper about who you are and how trading really is?? (meant nicely and not in a fighting spirit!!)
Gladly, I am much more than a trader. Trading is just a job that fits some of my skills nothing more nothing less.
  • #42
  • Oct 10, 2014 1:04am Oct 10, 2014 1:04am
Well one thing more, I don't do trading for a full time living, so as another trader mentioned that when you have to pay the bills with trading you don't get so romantic about it and I agree! Also I agree if trading starts to define you (such as a few losses make you feel like a loser or no good) then yes there is a problem! But yes this is all philosophical and yes at the end of the day it is all about making money!
  • #43
  • Oct 16, 2014 9:55am Oct 16, 2014 9:55am
... to be good in trading You must love it and put all Your heart into it...so definitely: Being a trader is a way of life !
I think when You find Your niche in trading then You will feel such big connection with methodology and time frame of Your choice, that trading( in and out) will be as natural as breathing.
... of course it require time and effort ... as we all know
"Trading require mental flexibility far beyond the scope of most people"
  • #44
  • Oct 16, 2014 9:52pm Oct 16, 2014 9:52pm
Quoting Alohamen
... to be good in trading You must love it and put all Your heart into it...so definitely: Being a trader is a way of life ! I think when You find Your niche in trading then You will feel such big connection with methodology and time frame of Your choice, that trading( in and out) will be as natural as breathing. ... of course it require time and effort ... as we all know
Alohamen, I really liked your post and why not have a way of life (yes I understand that there may be 'dark sides' to trading) but yes definately a connection to one's methodology (although I sometimes take trades that just catch my hunter's instinct but usually when I really analyze them they generally fall within the methodology)..and yes it takes TIME AND PATIENCE!! Oh yes indeed programs!!

Great post and really traders need other traders for support and encouragement as it can be a tough and isolated job at times!!
  • #45
  • Oct 16, 2014 11:08pm Oct 16, 2014 11:08pm
be in the right time .. in the right place .. taking the right decision .. that's trading !
  • #46
  • Oct 17, 2014 4:54am Oct 17, 2014 4:54am
Quoting four.owls
{quote} Alohamen, I really liked your post and why not have a way of life (yes I understand that there may be 'dark sides' to trading) but yes definately a connection to one's methodology (although I sometimes take trades that just catch my hunter's instinct but usually when I really analyze them they generally fall within the methodology)..and yes it takes TIME AND PATIENCE!! Oh yes indeed programs!! Great post and really traders need other traders for support and encouragement as it can be a tough and isolated job at times!!
in sentence "I sometimes take trades that just catch my hunter's instinct" maybe You can find really KEY to Your trading success ... You should use Your hunter instinct ---> this is trading with EDGE !!!!
... the hardest part is to find/learn methodology that allows us to use our natural instincts ( every one have diffrent predispositions) ---> BUT when You start using Your INSTINCT in Your trading ----> then You feel great because You operate in the flow states (FLOW by mihaly csikszentmihalyi - book I recomend).

by the way this is lone wolf business for sure

have nice tradng day
"Trading require mental flexibility far beyond the scope of most people"
  • #47
  • Oct 17, 2014 5:00am Oct 17, 2014 5:00am
Quoting Alohamen
{quote} in sentence "I sometimes take trades that just catch my hunter's instinct" maybe You can find really KEY to Your trading success ... You should use Your hunter instinct ---> this is trading with EDGE !!!! ... the hardest part is to find/learn methodology that allows us to use our natural instincts ( every one have diffrent predispositions) ---> BUT when You start using Your INSTINCT in Your trading ----> then You feel great because You operate in the flow states (FLOW by mihaly csikszentmihalyi - book I recomend). by the way this is lone...
Thanks Alohamen..yes hard to explain but some trades just hit you,,,and many times I have ignored this only to see lots of great trades go by so generally I follow my instincts but moderate it with confluence as sometimes I have taken a trade based on one key thing, whereas I now really try to line up 3 solid reasons so I can really have faith and let the trade fight it out! I still have lots to learn but getting better....one day my friend,,one day!!
  • #48
  • Last Post: Oct 17, 2014 5:59pm Oct 17, 2014 5:59pm
Quoting smash1820
{quote} Yes, but the best dentist in the world probably has little in common with the best trader in the world. Other than the fact that they are both probably normal, intelligent human beings. Conversely, the worst dentist in the world probably has little in common with the worst trader in the world. Other than the fact that they both suck. The analogies are not valid!

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