new_trader
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Your trading story so far -Triumph or Tragedy?
for most it will be, if I were to be totally blunt, a f*cking tragedy.....
I was long 100 bunds just before NFP. I was about to close at breakeven when my pc went. It took about 5 minutes to start up - I was up 20,000 points (200 points per contract). Tragically, my little fluffy kitten, Flopsy-Pops, died as my prices came back on. I believe she sacrificed herself for my bund position. I had tears in my eyes.
Grant.
Agreed...I suppose that's why some end up being blue
Agreed...I suppose that's why some end up being blue
What is a tragedy? Is it a tragedy to have tried and failed? Or is it a tragedy to have never tried at all? Is it a tradegy to have lost a bit of money whilst giving it a go? To someone who is dying of a terminal illness the loss of a bit of money may not seem tragic at all.
What is a triumph? Is it to have made money? What if you could have made much more and made it much easier in some other endeavour? Is it still a triumph to have succeeded to the extent you have or is it a tragedy to have not succeeded to the extent you could have? To someone who has learnt to walk again after an accident left them paralysed the making of a few quid may not seem like such a triumph at all.
I guess "something else" would cover just about everything, including the losing or making of a profit. Of course until tragedy and triumph are properly defined as per the OP's intent then "something else" is pretty much meaningless anyway.
A little more clarification would be helpful if you please. Unless of course there is some other intent behind the thread for which extra clarification may not serve. In that case feel free to not clarify as the case may be.
Cheers,
PKFFW
P.S: I realise this response will no doubt get me lumped in with temptraders ideas expressed in his initial post but I can not help those who wish to cling to their assumptions so such is life.
Your reply, and FW's to follow is expected (although I might have scared him away by preempting him).
No, not really. But I'm more busy discussing actual trading these days
Besides, the journey is its own reward.
Glad you answered your role call...
Did you say "the journey is its own reward"? You know getting poisoned is no fun, but getting poisoned, not knowing that you're getting poisoned, and thinking it's fun - well, that's just plain stupidity really.
Depends on what you mean by "getting poisoned". There's no point in trading with real money until you have proven to yourself you can be profitable on paper. Losing real money isn't much of an "education" to me, and indeed it's definitely not fun.
"something else":
(coincidentally I am at my first anniversary of full-timing it
I earn slightly less than my IT Consultancy days, but thats more a function of my capital, and I earn it by 2pm, so no complaints there.
its not a tragedy, since I can pay my bills, and generally have the same lifestyle.
its not a triumph as I am essentailly isolated with my trading, and I am not doing anything productive for anyone else. And I cant really share my ideas with those who arent in the game. A real effort to maintain work-friends/contacts when there is no day-to-day contact with them. I dont care for gossip, but its surprising how gossip is fuel of social interactions, and if you dont have any to share, you cease to become "one of the gang".
Dunno if its an existentialist sort of thing, but there is an inherent pointlessness about trading. Is that a good thing?
When I have a few days of mediocre performance, I get fidgety and start wondering if my rules are becoming obselete, and whether I should get out while the goings good.
I have contemplated getting back to IT just for the "people" thing, even though I am generally asocial!
overall, "something else".
I thought the meaning was obvious, but I could be wrong.
Insidious might be apt...
This will probably be his personal triumph.