NexusFi: Find Your Edge


Home Menu

 





Stay-at-Home Dad/Trader


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Blash with 32 posts (51 thanks)
    2. looks_two rahulgopi with 5 posts (11 thanks)
    3. looks_3 KahunaDog with 3 posts (6 thanks)
    4. looks_4 82Hopz with 3 posts (3 thanks)
      Best Posters
    1. looks_one hobart with 5 thanks per post
    2. looks_two rahulgopi with 2.2 thanks per post
    3. looks_3 KahunaDog with 2 thanks per post
    4. looks_4 Blash with 1.6 thanks per post
    1. trending_up 16,561 views
    2. thumb_up 97 thanks given
    3. group 19 followers
    1. forum 62 posts
    2. attach_file 4 attachments




 
Search this Thread

Stay-at-Home Dad/Trader

  #1 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518

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:
Time is up now for this post. More to follow.

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
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)
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
Exit Strategy
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,398 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


How long have you been a stay-at-home dad and a trader?

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 hobart 
charlotte nc
 
Experience: Master
Platform: Sierra Chart, TOS, Tradestation, NinjaTrader
Trading: energy
Posts: 114 since Jul 2012
Thanks Given: 81
Thanks Received: 172

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.

Reply With Quote
  #5 (permalink)
 
rahulgopi's Avatar
 rahulgopi 
milpitas, ca, usa
Legendary Market Wizard
 
Experience: Intermediate
Platform: Tradestation
Broker: Tradestation, Ameritrade
Trading: ES, Gold, 10 Yr
Posts: 1,723 since Feb 2014
Thanks Given: 1,389
Thanks Received: 4,206


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 !! ).

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #6 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518

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.

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
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)
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #7 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


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.....

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
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)
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #8 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518

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...


Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
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)
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #9 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518

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

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
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)
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #10 (permalink)
Jay Sairam
Lakeland,Florida/USA
 
Posts: 7 since Jul 2015
Thanks Given: 52
Thanks Received: 8



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

Reply With Quote




Last Updated on October 1, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts