Chapter 2. Full-Time Trading = Full-Time Job

Perspective my friends, keep your trading in perspective!: 2007 "Fxstreet.com. The Forex Market." All Rights Reserved.

Figure 2.1. Perspective my friends, keep your trading in perspective!: 2007 "Fxstreet.com. The Forex Market." All Rights Reserved.

I don't know about you, but I have never wanted to work on Wall Street, or in an exchange, or for a bank, or be a fund manager, or manage other people's money for that matter (by the way, I tried it and hated it). That's not to say those are not important or fulfilling jobs. It's just that I have never been much of an employee. I've always wanted to work for myself, and that really is just my way of saying I want to dictate when and how hard I work. You're probably not that different from me. Who doesn't want that freedom? That's what trading is to me, freedom. There are plenty of ways to make a good living in this world. But I can't throw a 90 mile-an-hour fast ball, I can't sing or dance, and I always kick myself for not thinking of putting bird seed in a balloon and selling it as a stress relieving grip ball. Oh well.

So it ain't just the money! Trust me when I tell you that trading is the hardest way to make an easy living I can think of.

I am a part-time trader. I think that people who are employed as traders are professional traders or full-time traders, but there goes your freedom out the window. I have never been great at answering to anyone as my mother will attest. And I do like to sleep in from time ...

Get Forex on Five Hours a Week: How to Make Money Trading on Your Own Time now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.