CALDEIRÃO DE BOLSA

AutoMech Escreveu:De vez em quando costumava visitar um blog que, apesar de ser dedicado essencialmente a day trading, tinha artigos e videos interessantes.

Hoje o tipo publicou o seguinte:

i quit trading

After 6 years of trading, I quit. I have several hundred comments waiting to be published, and I don't know when or if I will ever get to them. I'm quiting trading because I make the same disasterous mistakes over and over and I'm too stupid and stubburn to fix myself. I feel like a complete failure quiting trading at this point. I've spent thousands of hours in front of these computer screens trying to make a living, but it is all at a total loss because I can't manage risk well. Farewell traders!

É bem sintomático do que temos falado. Não é para todos.

http://highprobability.blogspot.com/

i quit trading

After 6 years of trading, I quit. I have several hundred comments waiting to be published, and I don't know when or if I will ever get to them. I'm quiting trading because I make the same disasterous mistakes over and over and I'm too stupid and stubburn to fix myself. I feel like a complete failure quiting trading at this point. I've spent thousands of hours in front of these computer screens trying to make a living, but it is all at a total loss because I can't manage risk well. Farewell traders!

barnabe619 Escreveu:Há muitos traders profissionais no caldeirão ?

Pata-Hari Escreveu:SIm, quem?!?!

Quem é que no seu perfeito juízo se mete no trading e espera conseguir fazer disso vida?
Quem é que no seu perfeito juízo quer largar uma vida estável, com um ordenado fixo, com um nível de vida do qual já não dispensa e lançar-se no desconhecido?
Quem é que no seu perfeito juízo acredita que consegue deitar para trás das costas tudo o que aprendeu até hoje e começar do zero, fazer um reset à sua maneira de ser e de viver?

arnie Escreveu:O trading é a profissão mais difícil do mundo porque nós assim a fazemos.

Será mais difícil o quanto mais teimosos, orgulhosos, presunçosos, formos.

superurso Escreveu:E é uma actividade em que o mercado está sempre lá, nunca terás crise pois podes investir na descida e na subida.

FilRib Escreveu:... estranho como tópicos ridículos têm muito mais comentários do que assuntos interessantes como este.

AutoMech Escreveu:http://traderfeed.blogspot.com/2008/02/ ... t-job.html

Reader and trader Don Chase emailed me with a perceptive observation, noting his belief that trading might just be the most difficult job in the world. He asks:

How many guys do you know who can accept being wrong?

How many guys do you know who can be wrong and lose money?

How many guys do you know who can be wrong, lose money and not feel bad?

How many guys do you know who can be wrong, lose money, not feel bad and reverse their position?

How many guys do you know who can be wrong, lose money, not feel bad, and reverse their position quickly?

Don's point is that trading requires an unusual combination of emotional resilience (the ability to tolerate being wrong) and mental flexibility (the ability to use losses as information and quickly change one's position in the markets).

Many people have a need to be right. That makes it difficult to quickly accept losses, and it makes it especially difficult to flip one's views. The best traders don't have a need to be right, and in fact they readily admit that there's many times they're wrong.

There's a different reason why trading might be one of the world's most difficult occupations: the rules of the game are always changing. In most performance activities, from sports to chess, the rules don't change from year to year. Market patterns, however, are continually shifting: trends change, volatility changes, and historical patterns that worked at one time suddenly fail during the next time period (a phenomenon that has recently tripped up several quant funds).

Because markets are ever-changing, success is never assured. Indeed, it's not at all unusual for very successful traders to re-enter a learning curve when market conditions change radically. It takes a very secure person to be able to accept those returns to the learning curve, and it takes a highly conscientious person to keep losses down when market patterns undergo a major shift.

Don has a great point. The average person loves job security; trading offers none. The average person loves success; trading invariably ensures periods of loss. The average person wants to be right; plenty of great traders are wrong half the time. Trading can be a tremendous challenge and a highly rewarding activity, but to get to that point, you have to be emotionally wired differently from the average person.