The truth is trading is incredibly boring..

Discussion in 'Trading' started by HolyGrailSeeker, Apr 13, 2022.

  1. Overnight

    Overnight

    You got that right...

     
    #51     Apr 14, 2022
  2. Handle123

    Handle123

    Came to a point where profitable trading just got boring in 1999 with drawdown, then spent time changing all systems to reduce losing percentages and that became boring, then came automation and REALLY learned how to hedge and that became boring. Which lead to options system building, not using much of the Greeks but direction, surprisingly 4 systems offer lowest losing percentages and this gotten boring.

    Trading always boring, same patterns, nothing is a surprise. But challenges to continue to get better....
     
    #52     Apr 14, 2022
    Nobert, beginner66 and Leob like this.
  3. TheDawn

    TheDawn

    But that's not trading, that's enjoying the profit afterward. Yeah sure when you've made money with your trading endeavours, of course you feel good but the actual act of trading, the analysis, the planning of trades, the research, the calculation of numbers, the designing of the trading plan, that's incredibly boring. There is nothing "exciting" about those actions. If you are all giddy and excited when you are "trading", planning your trades and doing the analysis, then you are either not concentrating on your trading well enough or are taking a less methodical and rational approach in your trading. I am sure George Soros, when figuring out how to trade the GBP did not feel that "exciting".

    This is what I and many of the traders here are trying to say.
     
    #53     Apr 14, 2022
  4. KCalhoun

    KCalhoun

    It's like sex, if you're good at it - it never gets boring lol.

    Except when markets are low volatility chop.... that's boring af.

    I find daytrading exciting after 20+ years because each day has new gap stocks to figure out. A new puzzle set to solve each morning.
     
    #54     Apr 15, 2022
  5. Millionaire

    Millionaire

    If you like working with numbers and puzzle solving and are still money hungry. Then you will not find the above boring.
    Figuring out the best ways to beat the markets is an on going challenge.

    Sure people change over time, what they might of enjoyed once they no longer enjoy so much, or they just lose motivation and the hunger, but the nature of the activity hasn't changed. The person has.
     
    Last edited: Apr 15, 2022
    #55     Apr 15, 2022
  6. tomkat22

    tomkat22

    The day it becomes boring I assume I'll be rich at that point from trading. So I'm fine with it.LOL
     
    #56     Apr 15, 2022
    KCalhoun likes this.
  7. Millionaire

    Millionaire

    I have been day trading since 1999, mostly US stock indexes.

    For my type of trading I would say 1999 to 2003 were volatile markets, they weren't boring.
    But the period 2004 to 2007 was boring in comparison.
    Then years 2008 and 2009 were very exciting again.
    Then there was a long stretch, from 2010 to 2016 of relatively slow boring stock market action.
    Things got interesting with Trump and Covid from 2017 to 2022, and i think the fed raising rates is going to keep things moving and interesting this year.
    So over my last 23 years it has been pretty 50:50, the markets I trade were boring about half the time and interesting the other half.
     
    Last edited: Apr 15, 2022
    #57     Apr 15, 2022
    Leob likes this.
  8. Leob

    Leob

    Thanks!
     
    #58     Apr 15, 2022
  9. KCalhoun

    KCalhoun

    What's boring af is today with markets closed.

    NOT trading is what's boring!
     
    #59     Apr 15, 2022
    beginner66 and ffs1001 like this.
  10. tomkat22

    tomkat22

    ^^^^^ Yeah these 3-day weekends suck. They're torture.
     
    #60     Apr 15, 2022