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How many times have you walked away from trading and have come back?
I want to thank @Silver Dragon for the idea for our newest poll, and I ask that you please cast your vote but more importantly post in the thread and contribute to the conversation -- why did you walk away, why did you come back -- what changed during that period, and more.
How many times have you walked away from trading and have come back? (please discuss in thread)
I personally voted that I've never walked away. I can truthfully say that in more than 20 years trading (geez I guess 25 now), I have never walked away from trading. I have walked away from several projects I created inside of trading (certain ambitions and side projects mostly on the algo side), but never completely from trading.
I have of course blown up a few accounts, which I've written about in detail before -- but after overcoming some risk and money management issues as well as deeply expanding my understanding of psychology, I was able to start putting money in the bank.
Looking forward to what others have to say. Please share.
I am pretty determined to make it in trading. I really like the freedom that it brings, mainly that you don't have to work for no one else. I have blown up a lot of small accounts and combines. I have done good for a while and then in the past I have over leveraged my trades, trying to make more money quicker instead of grinding it out and it back fires. Also other times things have definitely not gone my way and I have been left feeling bewildered with my confidence shaken.
I have taken breaks from trading but I plan to always come back. As its what I want to do and it brings me joy.
I haven't walked away and I never will. Of course, I've been incredibly discouraged at points and had intrusive thoughts of quitting after the 10th loser in a row, but that was my own immaturity speaking. Becoming then staying a profitable trader is an ideal, one which I could never truly turn my back on. I feel that if I were to quit, it would be out of my own failure to take responsibility for myself and my actions. So, quitting really isn't an option in that sense.
I walk away at least 2-4 times every day! Usually to go to the bathroom or get something to eat. Oh wait..... that's not what you are asking is it?
I have walked away a few times. Mostly due to other distractions or obligations. Even when I am not actively trading I will look at charts a few times a week just to see what the markets are doing or what I am missing out on.
Just because you have stopped trading doesn't mean you have quit.
As of now, "Haven't walked away" is the runaway winner. It's what I chose also.
At first I had been thinking of the many times I have walked away and then come back, but when I read @Big Mike's post I realized that I had never truly "walked away," just temporarily moved to other things (like making a living, minor stuff like that), that were sometimes-necessary side-trips on the way to getting on with trading, not actual abandonment of the enterprise.
So I could have said "5+" and I wouldn't have been wrong in one sense, but the best answer, taking into account the entire period I've been involved in trading (quite a few years), is actually "Never," so that's what I put down.
Perhaps I'm a persistent idiot. I'll say it's just a work in progress. Sounds better, anyway.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I have personally never walked away, there have been times that I have not been deeply involved in trading but I have never given it up. I think breaks are okay or maybe distancing your self during certain periods like holidays and such but walking away has never been a thought for me.
There have been some super shitty times and there have been some amazing times but I don't know what I would do with my self if I didn't "trade". I don't like to use things/jobs to describe my self but I'm a trader and some times that means you gotta deal with the shitty days.
-P
"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
