I speak to traders that spend every waking hour focused on trading. While this might be fine for some it is not for me, I know this because I once was that bloke. I originally got interested in trading because I dreamed about being rich and having the time to do what ever I wanted. I have got a compulsive nature to begin with and I hunger for information. This combination led me to work constantly, to discover more about trading. I maintained a full time job and studied trading technique at night, frequently till midnight only to get up the following day at 4:30 A.M. To go to work.
Studying the markets were a 7 day a week thing for me. This went on for one or two years. Every now and then I would personally meet other traders and met some through the net. Over a period of time I spotted that some traders didn't fret over trading the way That I did. Most did but a handful did not.I thought that one day if I worked hard enough I might be like them. Then one day I met an individual that modified my thinking. Thru our dialogues about trading I spotted that he started about the same time as myself. He did not have as much experience as I had and that was apparent that his understanding of the markets was not as extensive as myself.
The curious thing was that he traded only 2 hours per day and didn't work any other job. The rest of his time he went golfing and expended time with his family. I questioned him in hope that he would share his secret trading formula with me. To my continuing surprise he did not have a top secret device for trading markets. Instead he had a secret weapon for life in general. ENJOY IT!! That day I realized I Had lost sight absolutely of my primary objective which was to have more time.
I had ran utterly in the alternative direction. Instead of trading freeing from a job it had become even more of a job than my tangible job was. My share of winning trades wasn't where I wanted it to be and thought that I could study my way to a better %. After chatting with him I decided to take five from trading and come back with a new point of view. When I again started to trade I only allowed myself to spend 2 hours per day on trading. I was more relaxed and I traded less frequently.
This turned out to be great, my win p.c. went up because I was more discerning in my trades and I was not wired about everything. Today I enjoy life much more and trading is what I was under the impression that it might be.... Thanks Robert Remember there is alot more to life than trading. Life is too short to spend each hour wanting to make a new great market move. What if that next move doesn't happen in your lifetime, then what have you gained. Trading is excellent and I do love it but I am not going to sacrifice my life and the contentment of those I love for it. I have a life I completely mean to enjoy it.
Studying the markets were a 7 day a week thing for me. This went on for one or two years. Every now and then I would personally meet other traders and met some through the net. Over a period of time I spotted that some traders didn't fret over trading the way That I did. Most did but a handful did not.I thought that one day if I worked hard enough I might be like them. Then one day I met an individual that modified my thinking. Thru our dialogues about trading I spotted that he started about the same time as myself. He did not have as much experience as I had and that was apparent that his understanding of the markets was not as extensive as myself.
The curious thing was that he traded only 2 hours per day and didn't work any other job. The rest of his time he went golfing and expended time with his family. I questioned him in hope that he would share his secret trading formula with me. To my continuing surprise he did not have a top secret device for trading markets. Instead he had a secret weapon for life in general. ENJOY IT!! That day I realized I Had lost sight absolutely of my primary objective which was to have more time.
I had ran utterly in the alternative direction. Instead of trading freeing from a job it had become even more of a job than my tangible job was. My share of winning trades wasn't where I wanted it to be and thought that I could study my way to a better %. After chatting with him I decided to take five from trading and come back with a new point of view. When I again started to trade I only allowed myself to spend 2 hours per day on trading. I was more relaxed and I traded less frequently.
This turned out to be great, my win p.c. went up because I was more discerning in my trades and I was not wired about everything. Today I enjoy life much more and trading is what I was under the impression that it might be.... Thanks Robert Remember there is alot more to life than trading. Life is too short to spend each hour wanting to make a new great market move. What if that next move doesn't happen in your lifetime, then what have you gained. Trading is excellent and I do love it but I am not going to sacrifice my life and the contentment of those I love for it. I have a life I completely mean to enjoy it.
About the Author:
Todd Watson trades in Forex, tests Binary Option strategy and is always hunting for the next best Forex Robot.
