1
/
of
1
store-traders-com
Stocks & Commodities V. 23:10 (72-74): Websites For Traders: Trade2Win.com by David Penn
Stocks & Commodities V. 23:10 (72-74): Websites For Traders: Trade2Win.com by David Penn
Regular price
$2.95 USD
Regular price
Sale price
$2.95 USD
Quantity
Couldn't load pickup availability
Stocks & Commodities V. 23:10 (72-74): Websites For Traders: Trade2Win.com by David Penn
TRADE2WIN.COM
In Jack Schwagers interview with Linda Bradford Raschke in The New Market Wizards, Market Wizard Raschke says this in response to a question about the difficulty of adjusting to the isolation of trading from home:
For the first four years, being off the floor was greatno distractions, no outside opinions. Last year, however, the isolation started to really bother me. I got lonely. I tried talking to other traders on the phone during the day, but I found that it was distracting and lowered my productivity. I also tried establishing a trading office with another trader I recognize that isolation has become a problem, and I keep on trying to find different solutions.
While you have to hunt a little to ferret out traders willing to admit it, trading is a lonely business and that isolation doesnt always work in the traders favor. What the absence of distraction brings, the echo chamber of ones own thoughts can often take away as the trader, to steal a line, begins debating with him- or herself.
Though the world of trading is anything but sense-deprived, the lifestyle of the individual retail trader is not unlike living in a sensory deprivation tank: what starts out as an exploration of ones psychological and emotional limits can devolve into a room full of mirrors filled with the kind of doubt, second-guessing, and paranoia that is often our undoing as traders.
TRADE2WIN.COM
In Jack Schwagers interview with Linda Bradford Raschke in The New Market Wizards, Market Wizard Raschke says this in response to a question about the difficulty of adjusting to the isolation of trading from home:
For the first four years, being off the floor was greatno distractions, no outside opinions. Last year, however, the isolation started to really bother me. I got lonely. I tried talking to other traders on the phone during the day, but I found that it was distracting and lowered my productivity. I also tried establishing a trading office with another trader I recognize that isolation has become a problem, and I keep on trying to find different solutions.
While you have to hunt a little to ferret out traders willing to admit it, trading is a lonely business and that isolation doesnt always work in the traders favor. What the absence of distraction brings, the echo chamber of ones own thoughts can often take away as the trader, to steal a line, begins debating with him- or herself.
Though the world of trading is anything but sense-deprived, the lifestyle of the individual retail trader is not unlike living in a sensory deprivation tank: what starts out as an exploration of ones psychological and emotional limits can devolve into a room full of mirrors filled with the kind of doubt, second-guessing, and paranoia that is often our undoing as traders.
Share
