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.