Trader Meetups (Part 2)
Posted by Mark on March 7, 2013 at 02:50 | Last modified: July 25, 2013 11:58This blog mini-series was inspired by an invitation I received for a “Meet & Greet/Business Card Exchange” (see here). The issue I want to address is whether or not this can make me a better option trader.
I recently came across a thread in a trading forum inquiring about full-time trading as a business. The original poster was a beginning student of the option education program hoping one day to quit his full-time job and trade for a living. The following response (slightly edited for clarity) is from an advanced student in the program:
> I am in the position that you want. I am on the other side of the fence where from your
> point of view the grass looks like a lush green field.
>
> My wife is involved with her family business and is bringing home the bacon while I am
> learning to trade. When I first started with the curriculum, I was able to apply myself
> full-time. Now that I am [near graduation]… I am concentrating on my paper trading
> and applying different trade strategies… I am trading my paper account as if it were
> real money…
>
> It’s a little harder now to apply myself full-time to trading…. 40 hours/week is a lot of
> time to allocate to trading. My trades are chugging along and I am keeping up with my
> due diligence.
>
> When I first started, my wife would ask what I was doing. I told her about the classes
> I was taking. I was busy. When my wife asks now, I tell her everything is going fine
> but she can sense that I am not as busy as I used to be.
>
> My wife also asks, “When will you start trading real money?”
>
>”Soon,” I say.
I will post the rest of this response tomorrow.
Comments (3)
[…] This blog mini-series was inspired by an invitation I received to a “Meet & Greet/Business Card Exchange” extended to traders. My last post introduced some thoughts and experiences of an advanced student directed toward a beginning student in an option education program. Please review the contents here. […]
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