People are negative about trading

Discussion in 'Trading' started by Jdesey, Mar 27, 2022.

  1. sridhga

    sridhga

    I encounter two types of people. One type are those who think I am a loser and hence I am trading. Another type are those who want tips from me. I try to avoid every one. For me trading has become a 14.5 hour a day job since I started trading on MCX. I really dont have time for any such types these days.

    Trading is a solo activity except for when you have trading buddies with whom you share knowledge regularly.

    I have a trading friend with whom I chat often on telegram during trading hours, as we trade the same instruments. He has an approach to handle people who ask him about trading. He talks back to them in complete Al Brooks language and they go nuts. If you know what I mean.
     
    #31     Mar 28, 2022
    Gambit, Nobert and stochastix like this.
  2. Millionaire

    Millionaire

    How many full time traders does the average person know? Answer is zero.

    Therefore they know full time trading is a pipe dream for most people, otherwise full time traders would be a bit more common.

    But the average person knows plenty of losers (in all walks of life, not just from trading), they are every where. And you have a very high chance of being another one of them.

    Keep dreaming but don't give up the day job, not until you got a good proven edge in your trading and enough capital to exploit it properly.
     
    Last edited: Mar 28, 2022
    #32     Mar 28, 2022
  3. bln

    bln

    Cool thing about trading is there is no link between time/work and payoff. Few other professions have this.
     
    Last edited: Mar 28, 2022
    #33     Mar 28, 2022
  4. Millionaire

    Millionaire

    Yeah but you can also have multi month losing periods. Few professions have that either. Although businesses do.
     
    #34     Mar 28, 2022
  5. newwurldmn

    newwurldmn

    so what does it correlate to?
     
    #35     Mar 28, 2022
    murray t turtle likes this.
  6. Nobert

    Nobert

    That's why it's better to keep it to yourself. Even on social media. Eventually, the results, will crush any sceptics.

    Had this boss. The guy noticed that in the end of the shift, i am checking the charts etc (on my spare time). The man is okay. Saved my but few times. But then, he asked me once :
    ,,What kind of bitcoins are you checking there"
    So i told him, in a very humble and polite way that i have this hobby etc.
    And i qoute his reply :
    ,, Yeah...Had once this cooworker, who was bragging as well"

    I was like, in my mind, - bro, you just asked yourself.

    Don't mind the fools.
     
    #36     Mar 28, 2022
  7. Smoke some ganja! :p

    I also encounter two types of people. One type are those who think I am a savior and the other thinks I am the devil. Both ask for stock tips.
     
    #37     Mar 28, 2022
    Leob likes this.
  8. ajacobson

    ajacobson

    Live in Chicago with tons of traders and trading history. Negatives are rare - the usual conversation is about a family member looking to start.
     
    #38     Mar 28, 2022
    Gambit likes this.
  9. GotherL

    GotherL

    Can't help it that I have nosy & toxic close family members priving into my business like a pack of screaming goats.

    Learned to live with it but it can get pretty irritating at times.

    Example... opens up a video on market scams and intentionally blast the volume up so I can hear.

    And if you think that isn't annoying enough... It is not even 1/10th as bad than the other stuff which I rather not disclose.
     
    Last edited: Mar 28, 2022
    #39     Mar 28, 2022
    murray t turtle likes this.
  10. Nobert

    Nobert

    #40     Mar 28, 2022