Advice for an Old Man’s Son

Discussion in 'Trading' started by OldDad, Jan 3, 2020.

  1. Yeah... that's not how that works. Good for you though.
     
    #61     Jan 5, 2020
  2. vanzandt

    vanzandt

    Really? OT, but 1 question... the guitar avatar(?)... you only play for you? Naaa. I don't buy what your saying. You're social, or you never would have picked it up. You just march to your own beat that's all. Nothing wrong with choosing your own path and sharing it in a different way.
     
    #62     Jan 5, 2020
  3. Can your son outlast the losses that all newbies pile up before he is wiped out?

    Also if he has so little to start off with, why does he think he can make more money as a trader tick plucking?

    What happens when he has losing months and cannot pay the bills?
     
    #63     Jan 5, 2020
  4. cafeole

    cafeole

    Actually, my parents bought me a cheapo guitar when I was a teenager. Picked it up on my own. And yes, I am pretty antisocial. Kids made a lot of fun of me as I grew up poor and the clothes showed it. As a family we never went out to eat (never!), no movies, no vacations ever. And thus, no peer pressure. Stayed to myself, period.
     
    #64     Jan 5, 2020
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  5. cafeole

    cafeole

    I don't understand your statement.
     
    #65     Jan 5, 2020
  6. vanzandt

    vanzandt

    That's what makes it sing.

     
    #66     Jan 5, 2020
    cafeole likes this.
  7. Here is how it works: are you doing well in school? Some jerk off will conspire to get you expelled or at least in trouble. My first high school was one of the first to have metal detectors. It's very difficult to get back into a teacher's good graces once you're suspended. Guess what happens to those good grades. This is especially bad if you are good looking and the girls like you. Imagine being a good looking guy, girls like you and you do well in school. You are an active, not passive, target.

    How about you have a nice job? Some boisterous punks might show up at your work looking for you which will end up in you getting fired.

    Then repeat the same for your own family.

    Wrong side of the tracks means you're surrounded by people actively trying to hurt your chances of making it out. Including your own family.

    https://www.developgoodhabits.com/crabs-bucket/
     
    #67     Jan 5, 2020
  8. vanzandt

    vanzandt

    Its funny. So many people talk about 'being taught' to play an instrument. That's not the way it works.
    ....You teach the instrument.
    That's the way it works.

     
    #68     Jan 5, 2020
    Nobert likes this.
  9. Sprout

    Sprout


    The Road Not Taken

    Two roads diverged in a yellow wood,
    And sorry I could not travel both
    And be one traveler, long I stood
    And looked down one as far as I could
    To where it bent in the undergrowth;

    Then took the other, as just as fair,
    And having perhaps the better claim,
    Because it was grassy and wanted wear;
    Though as for that the passing there
    Had worn them really about the same,

    And both that morning equally lay
    In leaves no step had trodden black.
    Oh, I kept the first for another day!
    Yet knowing how way leads on to way,
    I doubted if I should ever come back.

    I shall be telling this with a sigh
    Somewhere ages and ages hence:
    Two roads diverged in a wood, and I—
    I took the one less traveled by,
    And that has made all the difference.

    BY ROBERT FROST


    He’ll have to learn for himself through direct experience. A parent’s love naturally wants their child to have a better life. Advice comes from the outside in and is less valuable than the inner guidance that he can cultivate for himself. That inner guidance will lead to all sorts of rendezvous and synchronicities tailored specifically for him.

    A large percentage of retail traders fail. Therefore a vast majority of conventional information available in this domain is erroneous at it’s foundation.
     
    #69     Jan 5, 2020
    vanzandt, Real Money and ironchef like this.
  10. ironchef

    ironchef

    :thumbsup::thumbsup::thumbsup: In this business following the herd is not the way to success.
     
    #70     Jan 6, 2020
    Nobert and TooEffingOld like this.