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Why do you trade?
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Why do you trade?

  #11 (permalink)
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Maybe it is just the fun


Big Mike View Post
Many of you have heard me talk of retiring to a Caribbean island. That is my goal, so I am trading towards that goal..

No, I am happy, where I am. Spending some time on a tropical island is cheaper than living here. Would opt for Bali. Friendly people, excellent food, huge waves coming in from the Indian Ocean.


Big Mike View Post
But, when I do retire, it doesn't really mean I will give up trading. It just means that I won't "need" to trade anymore for financial reasons, but I will likely still want to trade because I enjoy it.

Yes, unless I will find a new passion.


traderwerks View Post
I trade to make money. Everything else is secondary.

Money has never attracted me. I never dreamt to be rich. When I started investing, I first lost. Took that as a challenge. Money is the score. It stands for psychological and intellectual skills or weaknesses. Trading results are a mirror of my intellectual and psychological strengths. Took me some time to be more proud of small losers than a large winners. But, of course I go for the money as well, so I cannot pretend that the game would work without it. It is part of the gratification.


traderwerks View Post
I love math, I love the markets and I love programming. Trading puts my passions together for me, including the intellectual side of the game.

Yes, I am fascinated by mathematics, economics and psychology. Trading is an intellectual journey. My prior job was well-paid, I had lots of responsibilities, but my intellect was drying up. It became a real pain in the end, because it was meaningless. Trading allows me to explore a new world. Understanding my weaknesses as well as my strengths. Understanding that the basics is applied psychology. Diving into game theory and the mathematical framework of multi-agent systems. Reworking probability theory and apply it to trading. Learn heuristic tools such as provided by technical analysis. Understand that this is a shadow play, a futile game with ever changing rules, where people try to catch each other's shadows. Trading is meaningless, it is not productive, traders as a whole do not contribute to the common wealth, do they? Yes, they do. Trading reveals. The journals are lying, the market tells the truth. Politicians are lying, the market tells the truth. Company leaders are lying, the market tells the truth. The market is an analytic and empirical tool which is unrivalled to explore economic relationships. Trading is also similar to the Glass Bead Game.

The Glass Bead Game - Wikipedia, the free encyclopedia


aztrader9 View Post
I actually had dreams as a kid of being a big wall street trader.

I wanted to be a scientist or a musician.


aztrader9 View Post
It makes sense that the thing you love to do also enables you to fulfill your life's purpose.

Only few of us are lucky. It is a privilige. Only few will keep this privilege. It is my belief that hard - well structured - work and humility considerably increase the odds for success.


Why I trade ?

It provides me with a flow experience. It keeps me learning every day. It is great fun and I enjoy it.

Flow (psychology) - Wikipedia, the free encyclopedia

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  #12 (permalink)
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It's funny that I and lots started to trade purely for money or a by-product meaning to allow us to give up struggling in 9-5 jobs, saving etc etc.

Trading was to be the 'way out' and so easy compared with 'real work'. Well its actually the reverse - its pretty easy to make money as a programmer, accountant ... but very hard to make money as a trader.

I trade to give myself the chance to have a choice in live - and so even if I had lots of money I would still trade

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  #13 (permalink)
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Easy answer

10 contracts * 4pts (average) perday * five years = complete financial freedom

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  #14 (permalink)
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mainstream View Post
Easy answer

10 contracts * 4pts (average) perday * five years = complete financial freedom

Trading Experience: None.

I hope you don't mind my comment.

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  #15 (permalink)
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Yo!

Peak performance is a buzz.

CPI

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  #16 (permalink)
Big game hunter
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Why I trade -

I like a challenge
I like working in a solitary environment ( weird but true )
I like a dynamically changing work environment

Ive had a lot of jobs and work for myself now doing what I have loved to for my whole life . I would prefer to do that for leisure and as less of a job and trade for income , and I will .

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  #17 (permalink)
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As this is the psychology thread... I don't mind your comment FatTails. It is quite telling...

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  #18 (permalink)
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Challenge...Passion

I think I trade for the fact that I enjoy challenge in this game. I feel trading is like a big game of chess and u cant see the opponent here and u still try to place a move. Here your intellect comes into play, you win some and lose some and that brings the challenge. I think this is one of those field where your capital is only your intellect and thats it. Nurturring an intellect of being human is the ultimate passion for me, money comes after that. I love to push myself beyond the capacity and that brings some of the ashtonishing result for me. I cherish success. Its this feeling that takes me to the stage of being passionate about it.

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  #19 (permalink)
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I think I was tired of the monotony in my life and looking for some excitement. I'm a new trader so I'm still feeling it out, but it's exhilarating! Learning something new really livens the soul.

For example, I'm learning that I really don't think I have the type of personality where I can tolerate taking positions home with me over the weekend... I stress too much and my personal life takes a hit because of it. But learning hard lessons like that are a part of life and futures trading facilitates that for me.

Not to mention, I hope to make some $!

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  #20 (permalink)
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Fat Tails View Post
No, I am happy, where I am. Spending some time on a tropical island is cheaper than living here. Would opt for Bali. Friendly people, excellent food, huge waves coming in from the Indian Ocean.



Yes, unless I will find a new passion.



Money has never attracted me. I never dreamt to be rich. When I started investing, I first lost. Took that as a challenge. Money is the score. It stands for psychological and intellectual skills or weaknesses. Trading results are a mirror of my intellectual and psychological strengths. Took me some time to be more proud of small losers than a large winners. But, of course I go for the money as well, so I cannot pretend that the game would work without it. It is part of the gratification.



Yes, I am fascinated by mathematics, economics and psychology. Trading is an intellectual journey. My prior job was well-paid, I had lots of responsibilities, but my intellect was drying up. It became a real pain in the end, because it was meaningless. Trading allows me to explore a new world. Understanding my weaknesses as well as my strengths. Understanding that the basics is applied psychology. Diving into game theory and the mathematical framework of multi-agent systems. Reworking probability theory and apply it to trading. Learn heuristic tools such as provided by technical analysis. Understand that this is a shadow play, a futile game with ever changing rules, where people try to catch each other's shadows. Trading is meaningless, it is not productive, traders as a whole do not contribute to the common wealth, do they? Yes, they do. Trading reveals. The journals are lying, the market tells the truth. Politicians are lying, the market tells the truth. Company leaders are lying, the market tells the truth. The market is an analytic and empirical tool which is unrivalled to explore economic relationships. Trading is also similar to the Glass Bead Game.

The Glass Bead Game - Wikipedia, the free encyclopedia



I wanted to be a scientist or a musician.



Only few of us are lucky. It is a privilige. Only few will keep this privilege. It is my belief that hard - well structured - work and humility considerably increase the odds for success.


Why I trade ?

It provides me with a flow experience. It keeps me learning every day. It is great fun and I enjoy it.

Flow (psychology) - Wikipedia, the free encyclopedia

You mentioned Bali and reminded me of this Bali Dance from Baraka. Worth seeing.

Funny, The Glass Bead Game is the only book of Hesse that I have not read. I just couldn't get past few pages. (Hesse favorites: Narziss and Goldmund and of course Siddhartha).

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