Life before trading

cbrads

Experienced member
1,166 256
I'm interested in what people did before they became traders and how they made the transition.

I worked on a Chemical plant for nearly 20 years. Luckily the shift pattern gave me time off in the week and I started watching the charts. I demo'd for a bit then started with very small stakes. I was a couple of years down this path when a new management team took over at work. Streamlining and cost cutting were the new watch-words. Ultimately, they stopped us working weekends. So, with my time off midweek curtailed and a big hit on my salary - I decided it was time to leave and try trading full time.

That was six months ago - I've never regretted the decision to leave, but I can't say I've made it yet either. I'm going to review my progress every 6 months. As long as I can pay the bills and I'm still keen, I'm going to carry on.
 
  • Like
Reactions: counter_violent

Matty23

Newbie
6 2
Hi

Before i started trading i was working as a sub contract driver for the likes of DHL and was a postman for 14 years previously. Always been interested in shares due to my father having shares in all sorts of companies,so i started trying to build a little portfolio and learn how it all worked,have traded part time during working the last 3 years, i also bought and sold a few properties over the last ten years which has enabled me to build up a nice trading pot. I am now 36 and comfortable enough not to have to worry about work for a good 3 years, so i took the plunge into fulltime trading i built an office in my garden and have been trading properly since March. Its going ok so far, finding it different being at a desk all day looking at screens , but great to b working from home and being able to see my kids more.

Im the same as you i will review my progress at xmas and see if its still working financialy and lifestyle wise.
 
  • Like
Reactions: cbrads

NVP

Legendary member
36,297 1,789
I hav'nt full time transitioned to trading ........been Gambling and later on Trading since my early teens so 40+ years on I cant remember a time when it wasn't in my life

I will trade F/T next year if my consulting business falls off.........but in truth trading is as boring to me as other jobs after 40 years at it so will still have to have other things going on to stay fresh !

N
 

10pips

1
528 17
Well..I started trading from 2005 (aged 21, had to get the calculator out there for a second).

I started doing clerical office role before started trading and then went full-day into trading around 2011 up until my emotions took over with those wild market swings and blown my account heavily by end of last year, 2015...

Now am back within a day job but haven't quitted trading yet.

Its a hard nut to break...but having hooped in to so many trading methods/approach, my final hurdle is now using supply and demand......and my word, I should have stuck with this supply and demand more seriously few years ago.....because having re-started this approach.....It feels nice to instantly go into 'profit' when entering trades.....still fine-tuning....

Conclusion - I am still trying to break ever since day 1......
 

cbrads

Experienced member
1,166 256
Well..I started trading from 2005 (aged 21, had to get the calculator out there for a second).

I started doing clerical office role before started trading and then went full-day into trading around 2011 up until my emotions took over with those wild market swings and blown my account heavily by end of last year, 2015...

Now am back within a day job but haven't quitted trading yet.

Its a hard nut to break...but having hooped in to so many trading methods/approach, my final hurdle is now using supply and demand......and my word, I should have stuck with this supply and demand more seriously few years ago.....because having re-started this approach.....It feels nice to instantly go into 'profit' when entering trades.....still fine-tuning....

Conclusion - I am still trying to break ever since day 1......
That's interesting, have you any good links that expand on the Supply/Demand methodology
 

piphoe

Legendary member
10,038 194
can't do it part-time. takes 10's of 1000's hours of screen time

before you can say i have arrived
 

darktone

Veteren member
3,916 999
I used to work on motors. But now I run my my own full time gig cleaning toilets at the Coach & Horses. I am tardings in between turdings.
 

piphoe

Legendary member
10,038 194
I used to work on motors. But now I run my my own full time gig cleaning toilets at the Coach & Horses. I am tardings in between turdings.

show us some your best sht :LOL::LOL::LOL:
 

SalvatoreD

Junior member
22 2
20 years at Chemical establishments - it's impressive.
I am a businessman. I started to work with the parents, the family business. I am currently working in building business and trades in his spare time. Forex interested me when my friends started to get involved in this. They dragged me into the ocean and I'm grateful to them!
 

Pat494

Legendary member
13,272 1,278
After Uni I have done many jobs from sweating on the NSW railways to opal prospecting and back in the UK office work and treasure hunting before getting into trading. It all looked so easy. Just up or down. So I spent countless hours in front of the PC trying this and then that but really not cracking the profitability problem.
So now I am getting the PC to do the leg work using EAs and gardening. Much less stressful.
 

cbrads

Experienced member
1,166 256
After Uni I have done many jobs from sweating on the NSW railways to opal prospecting and back in the UK office work and treasure hunting before getting into trading. It all looked so easy. Just up or down. So I spent countless hours in front of the PC trying this and then that but really not cracking the profitability problem.
So now I am getting the PC to do the leg work using EAs and gardening. Much less stressful.
Is there any general advice you can pass on to us gardeners about developing EA's? How did you find your edge if you didn't really crack it as a discretionary trader? Hope you don't mind me asking(y)