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Support from wife/kids/loved ones in your trading
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Support from wife/kids/loved ones in your trading

  #181 (permalink)
Trading for Fun
Rybnik Polska
 
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SMCJB View Post
Very surprised that after 46 votes 30% fall into the 3-5 year, more than 5 years or never categories!
Would like to ask why?

I can answer for myself - just becouse I dont have any family :-D.So answer is in question itself.Asking - when you was on holiday will change answer dramatically

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  #182 (permalink)
Trading Apprentice
Newark, Delaware USA
 
Futures Experience: Intermediate
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Posts: 6 since Feb 2017
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As a family, we get it

The vacation poll is interesting. We strive to take two months off every summer (still trading, but in a different country), with only a little bit of trading and other work activity happening. We usually visit family at some point in the year, though that is not always vacation.

Mom is a (mostly) full-time trader and I allocate about 50% of my work time to it. So trading is a family 'culture' thing for us. It's what we do. The kids don't quite get it yet (6.5 and 8.5 years of age), though the oldest is showing an interest and they are generally respectful of our trading space. They will both learn how to trade soon enough.

Our trading goes with us when we travel, though we don't trade all the time. You don't need to trade all the time to be profitable. Vacation and time away is good for the mind, body and spirit, and is good for trading. Being self-employed for nearly 15 years now, I could (and used to) lament not making money while you are on vacation or you can understand the importance of not working for while. Otherwise you get caught in the trap of "Oh my god, this vacation cost me $10k in lost profits!" And thinking like that makes you want to crawl in a little hole and whimper.

Bottom line for us: work and life balance is very important.

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  #183 (permalink)
Site Administrator
Manta, Ecuador
 
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New poll:

Does your family support your trading?

 


Please vote and discuss.

Mike

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  #184 (permalink)
The fun is in the numbers
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bob7123 View Post
This poll hit home for me, but in ways that one might not expect.

For background, I am in my early 50’s, have a wife & no kids. My mom is still around and I have one sister.

My wife is great and supports my trading, but I have a strained relationship with my sister. Why? Money, or more precisely a perverse love of money, which as they say is the root of all evil. Certainly true in my case. My sister and her husband have done everything they can to strip my mom of her assets. I’ve been the one defending mom, and yes there are lawyers involved.

-Bob

sorry to hear of this
stay strong

Keep your mind in the future, in the now.

Last edited by aquarian1; November 17th, 2017 at 10:11 PM.
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  #185 (permalink)
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St. Petersburg, Fl
 
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ollie's Avatar
 
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Family

My family does not understand how hard, difficult, or stressful trading can be.

I'm not sure what they think, I am told if I want to make money, go get a real job.

I thought if I tried to show them what I do and how I do it it would help, it doesn't interest them at all, so I don't talk about it at all. It hasn't gotten to the point of leaving the house to trade, it just isn't talked about at home.

Keep things as simple as possible, but no simplier. Albert Einstein
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  #186 (permalink)
Elite Member
Los Gatos, CA
 
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Family support

Ditto Ollie - my family does't understand and doesn't want to. The early hours are inconvenient for them but largely ignored. Occasionally a visitor may ask what a futures contract is but then they all revert to their Facebook centric lives. Surprising since it pays for more than 50% of their easy life. I don't really feel isolated or set upon, just puzzled by their indifference. All in all NBD.

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  #187 (permalink)
Elite Member
Milwaukee, WI, USA
 
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My partner is very supportive, and I tell her what I'm doing but she doesn't really make any effort to understand the terms I use. She just knows how many hours I am putting in.
She does NOT know when I make or lose money, unless it's an amount that makes my emotional reaction obvious. Then I'll tell her.

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  #188 (permalink)
Trading Apprentice
Kuala Lumpur, Malaysia
 
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vmodus View Post
The vacation poll is interesting. We strive to take two months off every summer (still trading, but in a different country), with only a little bit of trading and other work activity happening. We usually visit family at some point in the year, though that is not always vacation.

Mom is a (mostly) full-time trader and I allocate about 50% of my work time to it. So trading is a family 'culture' thing for us. It's what we do. The kids don't quite get it yet (6.5 and 8.5 years of age), though the oldest is showing an interest and they are generally respectful of our trading space. They will both learn how to trade soon enough.

Our trading goes with us when we travel, though we don't trade all the time. You don't need to trade all the time to be profitable. Vacation and time away is good for the mind, body and spirit, and is good for trading. Being self-employed for nearly 15 years now, I could (and used to) lament not making money while you are on vacation or you can understand the importance of not working for while. Otherwise you get caught in the trap of "Oh my god, this vacation cost me $10k in lost profits!" And thinking like that makes you want to crawl in a little hole and whimper.

Bottom line for us: work and life balance is very important.

Respect !..this is the 1st time i heard about a 'trading family' in a forum..Normally I heard doctors family, lawyers family..
Its has been quite a while since the last time I visited this forum and thankfully i'm still have interest in trading..Now, trying to code my setup to semi-auto trading so i have more quality time with my family

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  #189 (permalink)
Elite Member
Tucson Arizona/usa
 
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MShead's Avatar
 
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Family Supports Me

My wife sees how extremely hard I work at my trading and supports me 100%. I share with her on my winning days but I don't she she could take the stress of some of the bad days. She has no clue about how it works or methods. She does know that I sweat blood though on tough days.

Full time ES trader, Early 60s age, Retired but not

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  #190 (permalink)
Trading Apprentice
Corpus Christi, TX
 
Futures Experience: Beginner
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Broker/Data: Stage 5 Trading Corp
Favorite Futures: Crude CL
 
Posts: 3 since Aug 2017
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My wife and 4 kids support me in my trading, even after the long learning curves!

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