Is a trader's path lonely?

Discussion in 'Psychology' started by MushinT, Jun 7, 2024.

  1. TheDawn

    TheDawn

    This is exactly what Elite Trader is for.
     
    #31     Jun 8, 2024
    PPC and MushinT like this.
  2. Specterx

    Specterx

    Trading is lonely, but at the end of the day that’s what we signed up for.

    If one gets a dopamine hit from interacting with colleagues, running meetings, playing office politics & etc, as many people do, then trading is an extremely poor choice of career path (it almost always is regardless but I digress) and you can make far more money with far less risk by climbing the corporate ladder.
     
    #32     Jun 9, 2024
    d08 likes this.
  3. As an introvert, I actually enjoy the solitude of trading. It gives me focus and peace.
     
    #33     Jun 10, 2024
  4. SunTrader

    SunTrader

    And your PC , laptop or tablet are not as well?
     
    #34     Jun 11, 2024
  5. ironchef

    ironchef

    It is a lonely path in two ways:

    1. The tail of the return curve is populated by a few outliers, not by the majority. I cannot follow the herd and expect to produce outsize returns. To be successful, I have to get off the beaten path.

    2. I have to pick a method that fits my personality and competency. What work for my friends do not work for me. Therefore I don't think trading is a team sport.

    However, been a loner has plenty of rewards compare to having a day job:

    1. No need to kiss up to a boss.

    2. No subordinates to deal with.

    3. No customers to deal with.

    4. No deadline, budget..

    5. Can be a true digital nomad, don't need to go to the office.....

    I am a lot happier than when I had my corporate day job. I can trade anywhere I want to be, on a cruise, vacationing in Singapore, Sydney.... Make more money too.
     
    #35     Jun 11, 2024
    Laissez Faire and schizo like this.
  6. maxinger

    maxinger

     
    #36     Jun 11, 2024
  7. Yes, and I think finding a good life partner that suit you is very important for trader, and you must have some hobbies and hangout with people outside from trading. Otherwise, life is so empty when relationship goes down.
     
    #37     Jun 12, 2024
  8. %%
    LOL serVes you rigth for being late:D:D ;
    pardon me\ if you are actually early:caution::caution:.
    Like my gold haired sister asked , bro , are you the last one to get there + first to leave??:caution::caution:
    Told sis ''NO, but some times I am the first to leave'';
    so she sort of read my mail-50%.LOL
    Good church pattern ;that 9' 9'' God -hating Giant had a coat of mail[scale armor] + roared like a lion or bear;
    ALL Israel ran away.Then David realized , all alone, except for Lord of Angel Armies he slew lions + bears.
    Based on 1st Samuel 17,KJV, NIV, NASB + phone versions......,..
    Good point about goin' to church, i seldom wear my phone or sunglasses + take my leather / paper Bible:cool::cool:
     
    #38     Jun 20, 2024
  9. ironchef

    ironchef

    They have a direct line to the BIG BOSS?
     
    #39     Jul 5, 2024
  10. mute9003

    mute9003

    i go to a coffee shop and pretend im tim sykes.
    except i dont make profits mostly losses lol
     
    #40     Jul 6, 2024
    Sekiyo likes this.