Bigsky Investments®
  • Home
  • Equity Research
  • Blog
  • On Watch
  • Market Data
    • Portfolio
  • 🌲

New Chapter

4/27/2016

0 Comments

 
Picture
I've been giving it some thought and I think it might be time to quit trading and move on with my life.
It's been such a journey with extreme emotional highs & lows.
At times I was legitimately wealthy but unfortunately every peak was met with an even more devastating low.. 
I can't keep fighting the Fed. I'm worn out. Quite frankly I just don't feel the same passion for markets I had when I began.
I guess it's possible but just look around. Professional Hedge Funds are getting blown-out of the business.
Global Macro trading strategies have not worked for anyone.
The market just doesn't make sense. The Fed by suppressing interest rates has suppressed true price-discovery. 
Nothing seems to work anymore. It truly seems like an algo casino where even the most experienced veteran traders admit that it is getting harder by the day to actually make any money..
In trading, in gambling you get on hot streaks & cold but it is a tough way to make a living mentally, emotionally, spiritually, psychologically & practically.
I'm young enough I can go back to school. I can do anything with my life but I need to decide. 
I'm just not sure that trading is going to offer me enough security. This business turns kings into beggars in the blink of an eye. I need something solid I can fall back on. I can't rely on my (bad) luck to carry me.
I'm thinking about going back to school and getting a finance degree. 
Finding a legitimate career. 
I can still be around markets & business but maybe trading just isn't where it's at.
I like doing research maybe I should become an analyst and get paid for all the hours I waste in front of the computer.
I'm not sure but I know I can't keep losing money like this. Nothing in this world will convince me to buy the dip. 
My bias was my downfall but that's just the way the cookie crumbles...
O well, life goes on but I've got to do something. Extracting a living from these markets in the long-run truly seems impossible. I don't know how many more swings I can handle. 
Get a degree, get paid, maybe start a business someday. 
I don't know many wealthy traders but I know a lot of wealthy business owners..
I'm still figuring this life out but I'm ready to move on to bigger and better things.
The best thing about life is it's always changing. 
​If something isn't working out. Find something else that will.
0 Comments



Leave a Reply.

    Picture

    R. J. Sullivan IV

    Equity Research
    Portfolio Management
    ​Trading

    Picture
    Picture

    Archives

    September 2019
    March 2019
    December 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    April 2018
    March 2018
    January 2018
    October 2017
    July 2017
    May 2017
    April 2017
    March 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    November 2013
    October 2013

    Categories

    All

    RSS Feed

© BIGSKY INVESTMENTS®​

DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER BIGSKY INVESTMENTS®, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.