My motivation is ordinary. It is not love of this game and it is certainly not love of money. While I enjoy power and money, the key for me is, and will always be, my desire for success, measuring success and repeating success. Your rising and rising money score therefore measures your success in this business.
I can honestly say if I couldn't trade I don't know what else I would/could do. I absolutely love to trade! Knowing that without a doubt you are competing against some of the smartest minds in the world is really something to think about. I picture trading not so much as a video game but a major chess match between tons of players.....some are extremely sharp minded while others are complete morons. Everyone of them has an opinion and everytime you place a trade somebody took the exact opposite position of you, which means they think exactly the opposite that you think. You have to continuously be trying to figure out what the sharp minded people are doing but at the same time figure out what the morons are doing. Its all about capitalizing on peoples emotions. YT
Okay, that must be why you are profitable and I am not. Because I have no idea WTF you just said. LOL
Fully agree... I think that a defining characteristic between traders lies between those who do it for the money and those who do it because they actually enjoy doing it/ see it as a big challenge. Having this view IMO you are LESS likely to make emotional decisions based on greed or fear and more like based on probabilities.