CITIUS - ALTIUS - FORTIUS ! btw , musn't Daytrading get an entry to the Olympics ? AMT4SWA would surely agree !!
I will never understand people who will only trade the market in one direction. You dont choose which way the market is going to trade, it tells you which way it wants to go and believe me, its not always up. Why limit yourself?
I wholeheartedly agree but probably 90% of my trades are shorts. I cut my teeth on the bear market and I hate going long unless its a parabolic move.
Not really the fact to love/hate your job. What makes me really sick in 'standard' job is to work for the others...and having to listen to so many nonsenses and political fights inside the companies.
oh yeah. i hate those too. how i wish the job market is saturated with those boring production conveyor belt jobs you see in cartoons like The Simpsons (marge's job). stand there whole day, zero human interaction, zero mental usage, walk away with a paycheck every month. my fren worked for 3 months puting circuit boards on a conveyor belt for a cool US$1.2k a month. (cool in SE Asia regions lol) He said it was the easiest money he ever made. :eek:
The best of the best in the companies are those who run around the whole day, carying a pile of papers (always the same)....all for nothing... They usually lead the local labor union...
Trading from the long side only (or short side only), simply has to do with greater focus and mastery.
Well, if you've paid off the mortgage, kids are out of the house, no debt then $50K from trading can get you by. But to say you need $300K to make it worthwhile is a bit off the wall. You can't easily put a price tag on the freedom that comes with trading. I'm happy making LESS $$ trading than what I made in the corporate world.