I speak to traders that spend each waking hour targeted on trading. While this is going to be fine for some it's not for me, I know this because I once was that man. I originally became interested in trading because I dreamed of 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 continually, to find out more about trading. I maintained a fulltime job and studied trading strategy at night, often 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 a year or two. Occasionally I might personally meet other traders and met some through the net. Over time I realized that some traders did not worry over trading the way In which I did. Most did but a smattering did not.I thought that one day if I was a hard worker enough I might be like them. Then one day I met a man that modified my thinking. Through our discussions about trading I noticed that he started about the same time as myself. He did not have as much experience as I had which was apparent that his knowledge of the markets was not as extensive as myself.
The curious thing was that he traded only 2 hours a day and did not work any other job. The rest of his time he played golf and spent some time with his folks. I queried him in hope that he would share his secret trading formula with me. To my surprise he did not have a top secret device for trading markets. Instead he had a top secret weapon for life generally. ENJOY IT!! That day I realized that I had lost sight completely of my original goal which was to have more time.
I had ran utterly in the opposite direction. Instead of trading freeing from a job it had get even more of a job than my actual job was. My percentage 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 a break 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 each day on trading. I was much more relaxed and I traded less frequently.
This turned out to be great, my win p.c. went up because I was more selective in my trades and I wasn't stressed out 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 another great market move. What if that next move does not occur in your life, then what have you gained. Trading is glorious and I do like it but I'm not going to sacrifice my life and the contentment of those I love for it. I have a life I fully propose to enjoy it.
Studying the markets were a 7 day a week thing for me. This went on for a year or two. Occasionally I might personally meet other traders and met some through the net. Over time I realized that some traders did not worry over trading the way In which I did. Most did but a smattering did not.I thought that one day if I was a hard worker enough I might be like them. Then one day I met a man that modified my thinking. Through our discussions about trading I noticed that he started about the same time as myself. He did not have as much experience as I had which was apparent that his knowledge of the markets was not as extensive as myself.
The curious thing was that he traded only 2 hours a day and did not work any other job. The rest of his time he played golf and spent some time with his folks. I queried him in hope that he would share his secret trading formula with me. To my surprise he did not have a top secret device for trading markets. Instead he had a top secret weapon for life generally. ENJOY IT!! That day I realized that I had lost sight completely of my original goal which was to have more time.
I had ran utterly in the opposite direction. Instead of trading freeing from a job it had get even more of a job than my actual job was. My percentage 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 a break 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 each day on trading. I was much more relaxed and I traded less frequently.
This turned out to be great, my win p.c. went up because I was more selective in my trades and I wasn't stressed out 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 another great market move. What if that next move does not occur in your life, then what have you gained. Trading is glorious and I do like it but I'm not going to sacrifice my life and the contentment of those I love for it. I have a life I fully propose 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.
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