Is it a solitary life?

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stueytrader
Posts: 863
Joined: Tue Dec 15, 2015 6:47 pm

LeTiss wrote:
Fri Jun 26, 2020 3:50 pm
Yes, it is

I don't have a family life though, I am single

The biggest downside of trading for me, is that you do become very detached from outside life. If you don't watch out, it can completely consume you. This is what I admire most about Peter Webb. Forget his green screens for a second.....I think his greatest achievement is to have done this without neglecting his family commitments

I have told the story here before, where I turned down a guaranteed shag because I was more interesting in trading the Aussie Open tennis throughout the night. When you reach that point, you need to start questioning the balance.

I openly admit, I have never got the balance right. I regret that hugely
To initially ignore the refusing a shag issue (I think we've all been there at some point when tempting trading was around...) you have hit another nail on the head - family.

Trading can be solitary - but so can many jobs. The bigger difference I think is whether you have others around you at your home environment. That could be family, or even friends co-habitants etc.

I don't have a choice, the other way - missus, two kids. That can have it's own downside for trading and even having the option to be solitary - sometimes I crave it but can't have solitary time whether I want it or not!
MAGTRADEUK
Posts: 144
Joined: Sun May 10, 2020 12:55 pm

On a slightly different take, how important is it to actually take a day away from trading on BF, I have a mind to take out Sundays and Mondays. There is that temptation to trade all the time, and the old FOMO, but I feel its better to have a couple of days away mainly for yourself and maybe on Mondays when markets are thin after the weekend avoid the post weekend clag. BTW, I am not full time trading, the market is always going to be here, COVID allowing, what do others think on this subject?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

MAGTRADEUK wrote:
Sun Jul 05, 2020 12:34 pm
On a slightly different take, how important is it to actually take a day away from trading on BF, I have a mind to take out Sundays and Mondays. There is that temptation to trade all the time, and the old FOMO, but I feel its better to have a couple of days away mainly for yourself and maybe on Mondays when markets are thin after the weekend avoid the post weekend clag. BTW, I am not full time trading, the market is always going to be here, COVID allowing, what do others think on this subject?
Personal choice really, that's a perk of being self employed. I used to do something or other to do with trading 7days a week for the first couple of years but now i treat it much more like a regular job and have days off. It's all fun and exciting to start with but like anything the novelty wears off and you fit it around all the other stuff you like doing more. I tend to just work Mon-Fri, days off midweek in lieu of weekend days working just don't feel the same.
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