Tuesday, February 7th, 2012

Life’s Little Detours

6

It can be really frustrating when your trading is on a roll and then something crops up in your ‘real life’ that interrupts your routine and positive trading habits.  However, I have learned that most of those times that is when the market goes bonkers anyway.  That was a hard earned lesson, actually.

I used to dig my heels in and tell myself that I really needed to learn how to trade through all conditions and I would trade during those times that were difficult for me:  when I was caring for a sick loved one, or during my kids’ transitions in and out of school, or just when I was feeling burnt out.  Almost every single time I dug in like that I lost.  At first, I lost big.  Then I would still trade – just more conservatively and now…. well, now I’m ok with staying out and most of the time I’m glad I did.

It seems to me that those times when my life got in the way, the market went berserk anyway.  It’s almost providence.  Like life rerouting my attentions to what is healthy for me while steering me away from what will be unhealthy.

I’ve learned to trust that there is a flow in life and not only am I more comfortable when I’m riding along with it, but I’m also more profitable and my life is more peaceful when I do.

I’m curious, have you found this to be true for you?

Comments

6 Responses to “Life’s Little Detours”
  1. Aby David says:

    When my life has steered me away from trading to some other wise idea, I lost more money than in the trading, so I’ll stick with losing the easy way ;-)

  2. Sandyprice says:

    Yes. I was really annoyed earlier this month when I had to pull a substantial amount of money (about half) out of my trading account to meet some unexpected expenses, as my trading was going well. I kept trading the same way but smaller.

    With the recent wackiness in the markets, I’d probably be down for the month, rather than up, if I had continued trading the same size. Here at the end of this week I’m doing a bit better; I’ve changed how I do things a bit.

    Bob Price

  3. Bradley Trull says:

    I just came off some injuries that sidelined me from work ; off for a month. Now ya think I would get to practice more FX , but I couldn’t sit for more than 5 minutes( lwr back-hip issues) so reading charts was next to impossible, not to mention some extra money I had planned on funneling into my accounts is gone now. It did though make my resolve to keep working even harder to become a professional FX trader and retire from the medical field even more steely. I am 9 for 9 this week on trades and really back in the groove

  4. yaqui says:

    Yeah, life has it’s own language, and we just have to learn to listen. And though we’re often given many chances, the penalties usually get progressively worse. It’s a beautiful dance though.

  5. I used to feel like like I had to be in control of everything in my life…now I realize I merely need to submit to it and everything happens SO much more beautifully.

  6. Everything is breaking northward, but I’m not interested in selling JPY or USD right now…so I’ll wait for short opportunities.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.