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Maverickz
 

Registered: Mar 2007
Posts: 728

 

05-08-11 03:37 AM


Quote from Smart Money:

Hey guys.

I have an edge. Put away your argument about whether there is such a thing as an edge or not...but my point is that I'm now consistently making money in the markets. Decent money, and while it is not as much as I thought I'd make when I first started trading, it's still enough to make the kind of wealth I'd like to have. Right?

Well here's what sucks about it. Its the lonliness of it. Don't call the suicide hotline on my behalf because it's not that bad, but it still sucks. I have a friend that I trade with who I collaborate with. I also have my wife to talk to. But in general, it sucks not being able to talk about it. I don't feel like I can tell my friends or they will have their hands out, or they'll think I'm bragging.

How do some of you successful traders cope with the fact that you can't really talk about any cool moves you made in the market, or boneheaded mistakes, or your progress, etc. Yeah...we have E.T., and I'm damn thankful for that, but I'm talking about outloud. Does it bug you not being able to talk about what you do compared to your friends who have a day job who talk about their day at work? Man, I'm busting with pride at what I'm doing and where I'm going, but I feel I have to keep a secret.

Anyone care to share?

SM



I swing trade with options so I don't spend anywhere near the time making or managing my trades as what a day trader does. As a result I have kept my "day job" at one of the largest tech companies in the world. I put "day job" in quotes because I usually work from home, and 90% of what I do involves phone conferences. So with two diversified income streams I still don't have to "go into the office". Oddly I find that most people do not understand either of my jobs due to the technical nature of both. When I try to talk about either one, people's eyes just tend to glass over with a lack of understanding. So now when people ask how I make so much money and never have to go anywhere I just say "I work on computers" and that is usually enough to make them change the subject. If that doesn't work just start talking in real technical terms, you can get them to never ask you about your work again.

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jalee25
 

Registered: Aug 2008
Posts: 160

 

05-08-11 06:40 AM


Quote from Maverickz:

you can get them to never ask you about your work again.



lol... that reminds me of the dexter episode where he's trying to get some time off from his boss...

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stockstalkerv3
 

Registered: Feb 2011
Posts: 44

 

05-08-11 06:59 AM


Quote from achilles28:

People change after you make money. But what's the alternative? Lie? Sock away every penny until you die? If you can't enjoy it, what's the point of making it big in the first place? And people might kiss your ass more, but with great achievement comes respect. And haters. But that's part of life, regardless of any profession.



IChing (HExagram 10)

"When a man is dissatisfied with modest circumstances, he is restless and ambitious and tries to advance, not for the sake of accomplishing anything worth while, but merely in order to escape from lowliness and poverty by dint of his conduct. Once his purpose is achieved, he is certain to become arrogant and luxury-loving. Therefore blame attaches to his progress. On the other hand, a man who is good at his work is content to behave simply. He wishes to make progress in order to accomplish something. When he attains his goal, he does something worth while, an all is well."

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shopster
 

Registered: Jul 2011
Posts: 1479

 

10-10-12 07:07 PM


Quote from Smart Money:

Anyone care to share.......?



buy 2 dogs.

take up drinking and then join AA

lots of friends and something in common.

s

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Llxa
 

Registered: Oct 2012
Posts: 11

 

10-12-12 11:04 PM

Well everything has got a price especially success. And you know what they say "it's lonely at the top". I can totally understand what you are going through. But I look at it this way, I would rather be rich and not be able to talk about it instead of being poor and constantly complaining about it which does not change anything.

Take comfort in the fact that you have made it! Only 5% of the traders make in the trading business. Majority of the people blow up their accounts, get angry and quit. Being able to trade successfully is no small accomplishment. You are a trader and a successful one and be proud of that! Enjoy the wealth it brings! You have worked hard to earn it. And you owe it NO one, not to your friends and not even to your family to divulge your proprietary trading system or at alone giving them handouts. If they can't understand that, well now you know how much your friendship and/or family ties is worth Better knowing now than never. Find some of your peers who are at your level where you can socialize. Being that top traders only make up 5% of the trading population it's hard to find them but they are there. And that's it. Life is to be enjoyed especially when you can enjoy it comfortably!!

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smallStops
 

Registered: Oct 2011
Posts: 996

 

03-15-13 03:38 PM

Interesting thread.
SmartMoney , I wonder how you have dealt with this.
Did you develop any "fear of success"?

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