pro-commonsense. Derivatives Trader @ ______ L.P.
Semi-Retired
Joined June 2024
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Love how every "trader" story starts with "I worked harder and never gave up"
When in my life, every penny can be traced back to that one alum in Boston reading my email and picking up my phone call.
You have to be smart enough to know that all you need need is an opportunity
Decent probability of relief rally +5-8% to make them believe.
Still no risk-on. Back to vacation for Tom 💤
Never take trading/career advice from anyone on twitter, including me.
Take it all at face value and do the math yourself.
Too good to be true, too nihilistic to be real; the middle is the truth.
Never fully trust anyone. Question everything. It's not hard.
Made millions trading my own accounts and millions in bonuses.
Not harder than any other job out there; it's all a grind.
Sure, you have to "have it", but after that it's just 1s and 0s.
Stop acting like you're a god for taking $ out of the system.
Math + vigor. That's it.
"Is trading hard?"
I don’t know, you tell me.
We need the mental toughness of a pro athlete, patience of a monk, precision of a brain surgeon, pattern recognition of a chess grandmaster.
All at the same time. Under pressure. While managing fear, greed, ego...in real time, with your own money on the line.
Competing against the smartest people on earth, the richest people on earth...who have better data, faster technology, and deeper pockets.
Whose entire business model is taking retail's money.
Oh ya...and you’re expected to stay calm, make rational decisions, and execute while in a violent dogfight with your own emotions.
Is trading hard? I don’t know, you tell me.
Next question.
Making it in this game doesn't make you better than others.
For every "me", there's a thousand who tried just as hard; traders who make it often forget the most important part.
We all got lucky, one way or another.
Almost responded to geek boy, but remembered I never have to work another day in my life.
Happy Monday to all. Cheers