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