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Stay-at-Home Dad/Trader
Started: by Blash Views / Replies:5,848 / 62
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Stay-at-Home Dad/Trader

  #1 (permalink)
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Stay-at-Home Dad/Trader

Hi there,

Starting this thread to discuss the life of being a Stay-at-Home Dad and a Trader and the many (decided to keep it toned down and just use a word like 'many') challenges involved as these endeavors happening simultaneously.

If or if not you are a Stay-at-Home dad or mom for that matter and a Trader please come and discuss vent enlighten comment assist however you may.

It's my life to be sure and probably hard for others not going through both of these worlds at the same time to comprehend. On the surface often the first response when other men here I'm a Stay-at-Home dad is one of some type of envy and visions of man caves and couches big screens and beverages. Wide is the gap between fact and fancy.

Usually within a few sentences this image evaporates as I describe how the flooring in the kitchen wears away from the endless circling.
2 kids, that's all. It's enough. Also 2 dogs and 2 parrots (had these birds for 22 years now, still look the same as day one save for the darkening of one's eyes).


My trade journal is located here: https://futures.io/elite-trading-journals/35004-ronald-s-trade-journal.html#post477641
Time is up now for this post. More to follow.

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)

Last edited by Blash; July 9th, 2015 at 02:22 PM. Reason: used wrong word said lighten meant enlighten
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  #3 (permalink)
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  #4 (permalink)
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my wife does not work, and i have 6 and 9 year old boys. Most of my trading is done between 8 and 1pm. Most of my challenges have been in noise management while daddy is working. every summer we have to reeducate them about running around causing chaos outsides daddy office door.

This summers strategy is education ipad games, terraria/minecraft, and headphones on the electric piano practice. the 9 year old finally loves to read, so he will do that for a couple hours, as long as the wee one will leave him alone.

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  #5 (permalink)
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hobart View Post
my wife does not work, and i have 6 and 9 year old boys. Most of my trading is done between 8 and 1pm. Most of my challenges have been in noise management while daddy is working. every summer we have to reeducate them about running around causing chaos outsides daddy office door.

This summers strategy is education ipad games, terraria/minecraft, and headphones on the electric piano practice. the 9 year old finally loves to read, so he will do that for a couple hours, as long as the wee one will leave him alone.

I quit my full time job last year and stay at home with a 8 year old and 2 year old. My wife does work but we do have a nanny to take care of the kids. I am pretty much confined to my room during trading hours (6 am - 1 PM PST ) as my younger one will not let me work and give a hard time to Nanny , if he finds me at home. I am finding it difficult with this routine but I am not sure how to fix it short term. I wish to move out to a trading friendly time zone but weather and job market is making it hard to move ( wife doesn't agree to a move to be precise !! ).

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  #6 (permalink)
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In a nut shell.....

Trading sparked my interest in the late 90's, I was about 31, after I found Ken Roberts and took one of his courses. Used his commodity paper chart service on the once a week plan. This was back when we (wife and I, 4 parrots and a dog) had no money living in an apartment in the suburbs of Chicago. Opened an account with an old HS buddy (we grew up in Chicagoland) now living in Ohio over at the broker Ken Roberts was involved in with commissions of $95/trade....lol. Needless to say we made one trade in Orange Juice with our tiny account in which the broker tried to get us to protect with an option but we refused, and we were done.

My wife has many gifts. Which include but not limited to being an all out Sales Master. Once she found her calling in the Pharma Industry it has been a truly amazing display of excellence and awards. So, it became clear as the sun in the sky that I would be the primary care giver to our kids once we had them. Which did not happen until 14 years into our marriage.

I was a house husband (makes me laugh that phrase does) for about 2.5 yrs when we lived down in Bloomington IL for a short time or more accurately a old student at ISU looking to finish up my BS degree studying math and physics. But alas it was not to be and I became a massage therapist in the end accomplishing the equivalent of only a math minor.

Anyway, in 2008 with my daughter 2 and my son 1 we moved back to our stomping grounds, Chicagoland, and this is when I started trading again. First with Scottrade in stocks with no stop (of course....lol) then adding in Metastock (complete garbage IMHO) and later left Scottrade for IB. I kept seeing adds for NinjaTrader so I finally downloaded it. Opened it up and it seemed to me like nothing....lol. Just a square gray"Control Center" and nothing else. I had Metastock, with a bunch of cool (I'm joking bigtime here) add-ons that I could run scans for every type of stock pattern thinkable.

A month or 2 later I opened up NinjaTrader again and it told me NT7 was just released. So I downloaded it and started to poke around. Metastock became a thing forgotten. The one thing I will credit Metastock with is I was able to program fairly easily with it. Soon after this I bought NT7 along with Rancho stuff and then opened an acct over at Vankar where FT71 was starting out in the brokerage world. He saved me from the crooks like Tom Busby who was trading my funds (extremely poorly is a gross understatement) and John Carters System Trade (super special RSI TradeStation easy language automated strategy) that just so happen to coincide with the USA losing it credit rating. Enough said.

November 2011 I joined futures.io (formerly BMT). Now I broker with IB also use Jigsaw and CDA.

So I have been a Stay-at-Home Dad since my kids were born so 8 years. And trading unprofitably at about B/E (not counting the "pro traders" follies) this go round since 2008.

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)

Last edited by Blash; July 8th, 2015 at 04:08 PM.
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  #7 (permalink)
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rahulgopi View Post
I quit my full time job last year and stay at home with a 8 year old and 2 year old. My wife does work but we do have a nanny to take care of the kids. I am pretty much confined to my room during trading hours (6 am - 1 PM PST ) as my younger one will not let me work and give a hard time to Nanny , if he finds me at home. I am finding it difficult with this routine but I am not sure how to fix it short term. I wish to move out to a trading friendly time zone but weather and job market is making it hard to move ( wife doesn't agree to a move to be precise !! ).

Best money we spend is on our cleaning lady of about 3 years now. Once every 2 weeks.

My wife can usually drive the kids to school or camp in the morning I might have do it twice a week on average. Like this morning to camp their last week of it. The kids go to private school so no buses. I joke about having a Taxi take the kids just to tease my wife. But I do feel like it puts me behind the 8Ball in terms of a start to the trading day. But working on all this stuff to make it all workout. Much harder than I ever thought.....

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #8 (permalink)
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Chicago, IL
 
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Platform: NT8,NT7,TWS,FOREX.COM app
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Blash's Avatar
 
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Kids to camp....

My wife left for New Jersey yesterday morning for work and comes back today so these 2 days yesterday and this morning I had/have to take the kids to camp. This would usually make me not trade but I over came that this morning and found a trade I thought had a good probability in ZF. It did not work out but that matters not. What matters is that this is a sign I am changing.

I posted the trade in my Journal. Here is the series of 5 posts about it...
https://futures.io/elite-trading-journals/35004-ronald-s-trade-journal-3.html#post503298

Ron

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #9 (permalink)
Risk--->0 $--->∞
Chicago, IL
 
Futures Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: ZF, ZN, ZB, ES, FX pairs
 
Blash's Avatar
 
Posts: 1,342 since Nov 2011
Thanks: 3,710 given, 1,858 received
Forum Reputation: Legendary

wifes back.................................

Wife is taking kidos to camp tomorrow morning ...........Awesome!!!!....lol

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #10 (permalink)
Trading Apprentice
Lakeland,Florida/USA
 
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Move to Florida



rahulgopi View Post
I quit my full time job last year and stay at home with a 8 year old and 2 year old. My wife does work but we do have a nanny to take care of the kids. I am pretty much confined to my room during trading hours (6 am - 1 PM PST ) as my younger one will not let me work and give a hard time to Nanny , if he finds me at home. I am finding it difficult with this routine but I am not sure how to fix it short term. I wish to move out to a trading friendly time zone but weather and job market is making it hard to move ( wife doesn't agree to a move to be precise !! ).


Hi Rahulbhai How Nice you have two kids ,thats great. one thing I want to tell you do not miss any momement playing with kids now they grow very fast. If you like to move trading frendly time zone then Florida is the best place because it has same weather that you have in Bay area. we have lot of our community.low property tax. no state tax and lot more, let me know if I can help you anyway .
Thank you

Jay SaiRam
Jay Saibaba

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