Do you love trading?

We all know the type.

The super analytical economist/political commentator that can explain ANYTHING with the happenings of the market.
The ones that have tried multitudes of advisories/gurus/seminars.
The ones that have used most data packages that you can name in one sitting. The ones that you see in your local meetings year in and year out.

But when you get down to the nitty gritty……Da guy hasn’t made a trade on his own for years……

How about this type:

The same type that frequents the political rooms, the one that can reason economic policy and geopolitics with perfection. The same guys that shorted the mkt all the way up, and finally went long near the top, and holds all the way down. The need to be right far outweigh the need to make money for these types. They are too smart to admit they are wrong. In their mind, they are bigger than the market.

WTF!!!!

How can such talented individuals, with all that “experience” not be
“banking it”? Surely, anyone can figure out the marketplace in 2-5yrs time, or can they……

Trading is a tough business!!!!!!!! If all it took was talent and access to readily available tools, your much smarter neighbor/co-workers/relatives would be rich by now. But such is not the case. Ask yourself why that is?

To the type 1 guys I named above: look dude, I know you have “invested” a lot of dough and time into this thing, and you know just about anything and everything there is to know with options strategies/psychology/$mgmt bla bla. But you dread losing, you dread stepping up to the plate, you dread making independent decisions, you hate even more when u do have a winning trade bec. u know u will painfully give it back next week. You even cringe when other people make winning trades. Have you ever considered maybe trading is not for you after all? Or perhaps u just need to be a bit more organized and focus on 1 thing and not spread out too thin? I know at times I fail to see the forest from the trees until a fellow trader points out the obvious. Or finally, get off your high horse and try something else (strategy wise), bec. what you have been dwelling on surely hadn’t been workin’!!!! If this is not what you love doing, whether winning or losing, it will be painful and costly sticking it out in the long haul. Remember what your high school counselor preached? Find a field that you may be interested in for a career. Why did the counselor say that? BECAUSE ITS EASIER IF YOU LOVE WHAT YOU DO IN THE LONGGGGGG HAULLLLLL!!!

To the 2^nd type of geniuses I named above: man you are doing a great job fueling the trend by providing liquidity on the way up and holding the bag on the way down. Please keep doing what you are doing because u obviously are not here to take dough from the mkt, and you have an endless supply of money to contribute. Bravo.