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My family says trading isn't work.


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My family says trading isn't work.

  #51 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
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@mzelixon

I think you can do it.

Get focused and give it a go. Your responses have, in my opinion, caught the right attention from a great group of supportive guys that will try their best to be a resource for you.

All the best to you...in trading and in life.

Dan

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  #52 (permalink)
 Grantx 
Reading UK
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@mzelixon Welcome to the fio family...that was quite an entrance

I respect you for accepting responsibility especially after taking a bit of heat. That's a big step. This process is going to teach you a lot about yourself and it will be messy.

Where to from here? I suggest reading through the various journals (some excellent ones in the elite section so consider becoming a member) and engaging with people by posting your thoughts , asking lots of questions etc. Don't be a lurker, be involved.

We are all in the same boat trying to figure this stuff out.

Good luck. I hope to see you in the forum.

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  #53 (permalink)
 mzelixon 
Tel Aviv, Israel
 
Experience: Intermediate
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Grantx View Post
@mzelixon Welcome to the fio family...that was quite an entrance

I respect you for accepting responsibility especially after taking a bit of heat. That's a big step. This process is going to teach you a lot about yourself and it will be messy.

Where to from here? I suggest reading through the various journals (some excellent ones in the elite section so consider becoming a member) and engaging with people by posting your thoughts , asking lots of questions etc. Don't be a lurker, be involved.

We are all in the same boat trying to figure this stuff out.

Good luck. I hope to see you in the forum.

Yeah it was quite the messy introduction lol, I guess I just needed to vent at first.

I'm in this for the long run trust me... (already been in it for a few years now)

But thanks.

I'm hoping this will be indeed a good place to talk with people about trading because in my own life I have very few people who can relate.

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  #54 (permalink)
 
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 wldman 
Chicago Illinois USA
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suggest @mzelixon ,that you start a journal thread? There is mixed energy in this one, some of which we can all leave behind now, it seems. Describe what your ideas are about method and risk and imagine what is possible. Dan

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  #55 (permalink)
 
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 Rrrracer 
On the road
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wldman View Post
suggest @ mzelixon ,that you start a journal thread? There is mixed energy in this one, some of which we can all leave behind now, it seems. Describe what your ideas are about method and risk and imagine what is possible. Dan

I'd say this is an excellent idea.

Your most recent post showed a lot of maturity and humility that seemed missing from the earlier ones @ mzelixon. Totally get the need to vent and how that sort of frustration can blind us. Glad you were able to clear your head and focus on what matters.

If your grandfather doesn't approve, well that's his opinion. Doesn't mean you don't love him, and doesn't mean you're not gonna do what you want anyway... sometimes we just have to agree to disagree and move on. Sounds like you have.

Looking forward to following your future journal

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  #56 (permalink)
 mzelixon 
Tel Aviv, Israel
 
Experience: Intermediate
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Grantx View Post
@mzelixon Welcome to the fio family...that was quite an entrance

I respect you for accepting responsibility especially after taking a bit of heat. That's a big step. This process is going to teach you a lot about yourself and it will be messy.

Where to from here? I suggest reading through the various journals (some excellent ones in the elite section so consider becoming a member) and engaging with people by posting your thoughts , asking lots of questions etc. Don't be a lurker, be involved.

We are all in the same boat trying to figure this stuff out.

Good luck. I hope to see you in the forum.


wldman View Post
suggest @mzelixon ,that you start a journal thread? There is mixed energy in this one, some of which we can all leave behind now, it seems. Describe what your ideas are about method and risk and imagine what is possible. Dan


Rrrracer View Post
I'd say this is an excellent idea.

Your most recent post showed a lot of maturity and humility that seemed missing from the earlier ones @ mzelixon. Totally get the need to vent and how that sort of frustration can blind us. Glad you were able to clear your head and focus on what matters.

If your grandfather doesn't approve, well that's his opinion. Doesn't mean you don't love him, and doesn't mean you're not gonna do what you want anyway... sometimes we just have to agree to disagree and move on. Sounds like you have.

Looking forward to following your future journal

Yeah guys....
Appreciate the support.
I dunno if I'm gonna start a journal... yet. But we'll see.
I think this has been a good enough first time thread for me

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  #57 (permalink)
 
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 Massive l 
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Take trading very freaking slow man because as you saw, it's very easy to lose 1000s of dollars in the blink of an eye. Stop with the fantasies of being a full-time trader and start with the actions of a strategy developer / risk minimizer. I've turned into a crap trader many times over 10 years and I've stopped actively trading for several months on end many times too. Each time I took a step back and refined what I was doing I came back better...every single time. Just because I wasn't actively trading doesn't mean I wasn't actively in the markets, studying, coding, backtesting, etc.

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  #58 (permalink)
 
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 suko 
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I think it's better to say that you are a Pro Gambler and leave it at that.


"Persistence is very important. You should not give up unless you are forced to give up." -- Elon Musk
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  #59 (permalink)
 
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 josh 
Georgia, US
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mzelixon View Post
They all think it's gambling and they want me to just straighten out and go work a normal 9-5 job.

Trading is work.
Its fucking work.
Its just online work.

And if thats TOO SMALL FOR YOUR PEA BRAIN TO HANDLE THEN DONT SAY A FUCKING WORD.

Seriously they make me so angry you have no idea.


Arguments like this are easy to silence if you show them the paycheck you cut for yourself from your earnings.

If you don't have earnings, then they're absolutely right. It's not "work," at least, not in the sense of the word that everyone means, which implies that you make money from your work. It's a hobby; hobbies can be work too, they just don't pay. I've been in your shoes before too, and know exactly what it feels like when other don't understand what you're doing. But, to be fair, if you're not making money, they have a great point.

Taking time off from trading and earning money the traditional way was the best thing I could have possibly done for my trading. I'm much better at it now than I used to be.

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  #60 (permalink)
 
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 Rrrracer 
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josh View Post
Taking time off from trading and earning money the traditional way was the best thing I could have possibly done for my trading. I'm much better at it now than I used to be.


Better at what, trading or taking time off trading?

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