Do You Actually Enjoy Trading?

Discussion in 'Trading' started by proftradingjourney, Feb 10, 2023.

  1. 1) i love to win money.
    2) i like to earn money.
    3) i love trading when i can earn money.
    4) i dislike trading when i loss money.
     
    #51     Feb 12, 2023
    Tradess0610 likes this.
  2. Good Morning proftradingjourney,

    Yes I love trading. I enjoy it everyday.
     
    #52     Feb 12, 2023
  3. Hello mikeriley,

    I agree. I feel sooo in control reading the charts.

    Win or lose, I love it.
     
    #53     Feb 12, 2023
    proftradingjourney likes this.
  4. rb7

    rb7

    I'm guessing that you meant trading with real money and not paper trading?
    If so, many responses could be discarded...
     
    #54     Feb 12, 2023
    SimpleMeLike likes this.
  5. Hello rb7,

    You are right. Start with my responses first.
     
    #55     Feb 12, 2023
  6. savoir

    savoir

    I’ve been perusing this forum for over 20 years and this kind of thread pops up from time to time. It is an indication that the OP won’t be turning his trading around any time soon.

    It seems to me that if you are going to a good school and have a path to a job in the corporate world, that would be a natural choice for a young guy in his twenties. You should be building a career and socializing with your peers and enjoying life. You can do what Darvas did and keep learning and trade on the side.

    Of course, if you have slim career prospects, trading is a fine pursuit. Working nights at an hourly job while you monitor during RTH is not a bad situation at all. Being a stay-at-home mom also works well for monitoring RTH while the husband works and the kids are in school.

    That being said, trading is not a good pursuit unless you know someone in person who can show you how to do it. I’m not referring to paying a vendor for a course or mentorship.

    Self-learning is how most do it. Usually this leads to trading being a fun and affordable hobby at best or a degenerate addiction at worst.

    So my advice would be to get a good paying job working with other young people. Bang a lot of girls and enjoy eating tasty carbs while you have a healthy libido and metabolism. Get your fill and then in your late 30s or 40s, after you’ve been ground down a bit and your metabolism slows, you can appreciate the idea of leaving the corporate world behind. The markets will still be there.
     
    #56     Feb 12, 2023
    KCalhoun, tomas262, TheDawn and 5 others like this.
  7. or else one would get burnt out (with all the emotional ups and downs), can't commit in the long run.
     
    #57     Feb 12, 2023
  8. taowave

    taowave

    I like trading,but going out on your own in your 20's is one of the dumbest things I can think of..
     
    #58     Feb 12, 2023
    longandshort likes this.
  9. TheDawn

    TheDawn

    I agree with getting a good corporate job. Trading is not cheap; it's very expensive. Although the amount of trading capital one has does not doom or guarantee one's trading success per se but having more trading capital does 1) make it easier to absorb losses and allows you to go on further and 2) take the psychological pressure off a bit and allows you to concentrate better on trading as you are only supposed to trade with money that you can afford to lose. So getting a good corporate job to accumulate a good amount of trading capital for you to go into trading is a great idea, the higher amount of the capital, the better.

    But I disagree that you actually need somebody to show you how to trade. It might make it easier and shorten the learning curve somewhat but it is not necessary, especially with the vast wealth of knowledge that's available out there. What one needs instead I find is practice. Practice makes perfect and it cannot be more true in trading. The more you trade, the better you get even when you lose.
     
    #59     Feb 13, 2023
    proftradingjourney likes this.
  10. TheDawn

    TheDawn

    Hey! I started trading when I was in my 20's :sneaky:
     
    #60     Feb 13, 2023
    atrp2biz likes this.