That maybe in a previous life - I was either a safe cracker - or maybe a bomb disposal technician - or even could have been Sherlock Holmes or another Columbo type detective ?
1. Even as something of an introvert, I really don't like working on my own and much prefer the camaraderie, insights and other social aspects of 'going to work' in an office.
2. If I'm in front of a computer screen, still in a dressing gown and it's past midday, I feel slightly dirty (even if the computer screen has charts rather than porn on it)
3. That identifying alpha from beta can be tricky, psychologically speaking. I found it very easy to identify winning days as alpha, and losing days as beta...
4. That you can be good at some aspects of finance, doesn't mean you'll be good at all of them. It took me two years to work out I didn't have the je-ne-sais-quoi for day trading, have since done very well investing which is what I was doing successfully before I turned to trading.
5. Doing something with 'purpose' is important to me. Not only did I struggle with consistency, eventually I found chasing blips on a screen very dull.
I stopped day trading about four years ago, and frankly don't miss it a bit. The markets remain eternally fascinating though. And I very much respect those who can day-trade successfully as they have character traits I don't.
I would be interested in hearing more of your story regarding day trading.
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