One Last Misadventure
Posted by Mark on November 5, 2018 at 05:02 | Last modified: January 17, 2019 11:03My last misadventure was not of the Meetup variety but rather a Yahoo! Group I started in 2015.
This was an online group called “AmiBroker User’s List.” I was able to find six people who were interested in joining my online group to be focused on learning and using AmiBroker. Locally, I met a seventh who indicated interest in learning to invest directionally with options. I told him about AmiBroker, he said he was interested, and he joined the group in March 2015. I followed up after two months because I didn’t hear from him or anyone else in the group. He said he was studying options a little, but work had gotten busy to the tune of 60-80 hours/week.
Two weeks later, I sent the seventh this message:
> That group is a bust. I’m about to close it down. I don’t
> blame you but rather everyone in general (including
> myself). Bottom line: we’re just not interested enough
> in it to make things happen.
>
> For me, I have my bread and butter trading and the
> trading I’m trying to learn. Obviously I’m not excited
> enough about this other trading interest (system
> development) to make it work because I can’t even
> put in 15 minutes on a consistent basis to learn the
> software. That’s been my problem for a long time.
>
> In my opinion, trading is hard work. It’s not something
> that’s intuitive and it’s not something anybody is going
> to learn by osmosis. Unless there is continued,
> sustained effort, it’s never going to happen. I’ve gone
> to a lot of trading group meetings and talked with lots
> of traders and heard many more. People work at it
> when it’s convenient and then when things turn sour
> they turn their backs and walk away. Maybe they return
> at a later time. I think this feeds directly into how
> the markets work on a macro level. It will never lead
> to successful, long-term traders, though, if such
> a thing is even possible.
Clearly I was frustrated in general and especially frustrated with myself. I have always had a difficult time forcing myself to learn coding. I wish I knew why.
Despite the frustration, I do think my comments on sustained, long-term effort are applicable to aspiring traders.
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