Why You Do What You Do

I know how you feel, believe me. You’re more than likely still working the “real” job to pay the bills and put treats in your and your family’s mouths. Trading is an after work (or maybe during work) hobby, and happens if and when you have enough strength to keep your eyes open. You haven’t gained the trading experience to take it full time, but that’s the dream. And a great dream it is.

But it seems like the days are getting shorter, and there’s never enough time in the day to get everything, or even a good portion of the things, done. The day starts and then runs into night even before you realize it.

Your 9-5 has turned into an 8-6, and your second job, whether that’s another job, your family, or continued education, is taking precedence over you fulfilling your Forex dreams.

You wake up. Back to work.

At work you sit in your uncomfortable chair gazing at a faded monitor, realizing you’re actually working to fulfill someone else’s dream.

This sucks. Sip of tasteless coffee. Stretch the back. Surf the web. Check the bank account for [lack of] funds. Only another 8-9 hours and I’m out of here!

Being a full-time trader can be so much different. You’re not at the mercy of your boss or company policy or departmental staff. No office to commute to, no traffic to survive. You are your own boss, your own manager, your own decision maker. You have the freedom to do what you want when you want; you are at the controls.

Trading has the power to be so motivating in the freedom it offers. Yes, you make and break your hours of operation, but it’s more than that. Traders are responsible for all of their actions, and are always in complete control of what happens next. Sure the market drives us in certain directions, but we ultimately pull the trigger. When we make money, it’s because of our direct action and decision making. And when we lose money, we know why, and there’s no need to place blame on anybody but us. It’s on always on us. That’s comforting.

Trading requires that we bring something to the table. We bring together our own experiences, learned techniques, tweaked strategies, and personal trading styles in hopes of building this THING that will bring us success, bring us profits. We know it’s not an instantaneous process, but that was obvious after the very first trade. But trade after trade, win or lose, we build our skills, developing our strengths and learning from our weaknesses. And at all times, it’s just us, it’s me, it’s you, doing it all, turning that wheel, making things happen. With hard work, deep passion and the gained experience, the plan at hand starts working, and profit performance becomes consistently positive. That’s what it’s about.

When you work or trade for yourself, and actually enjoy doing it, it’s the best feeling in the world. Sure, you have the some luxuries not present with the “real” job, but there are obstacles along the way as well. They’ll always there. To preserve your lifestyle, you’ll always find a way around, through or over them. But the feeling of doing it on your own can’t be beat. So fight the urges to sleep, fight the urge to push it off until tomorrow. Push just that extra bit each night and work that plan until your dream is realized. This is why you’re doing it. The payoff will be bigger than you can imagine.

24 comments

  1. Lordpipi

    Thanks Doc…. U know as u rightly said, it could be so frustrating at times especially when you are still a rookie trying to build your skills… You make profits one day and u loose all the next… Thanks for the encouragement. I sure cant wait to get to that level of being a pro

    Reply
  2. RDiamond

    So I’m a newbie, testing out demo accounts (Since last week) until I get comfortable with a broker and the software. But my question is– Are there really people out there who have become full time retail Forex traders, who have eventually started making enough to quit their day job? I know there must be– but I really need that feeling of confirmation.

    Reply
  3. cubanpip2010

    The freedom, the independence, the self-acceptance feeling, the proper proud cause you know you are taking complete responsibility, the maturity you are able to acquire, the incredible learning process you get involved. Trading can be amazing, but all depends on you not anyone else.
    Thanks for this post

    Reply
  4. ReverendPip

    I quit my Job the beginning of the year to trade full time. It was the best thing that I have ever done.
    I was so unhappy at my 9 to 5, so I decided to take the plunge.

    Th first month was bad, I lost lots of money, but I rebounded the next mouth, and now I am doing well. All I can say is this. If it is something you really want to do. Just do it! In my heart I know that I would succeed.

    I came up with my own trading system call (The eagle Eye Trading System) Motivated by the Cowabunga trading system.

    It is working very well for me now that I have realized the importance of staying disciplined to my rules.

    I love the freedom I have, and I am in total control of my Financial destiny!

    Reply
  5. Lordpipi

    Thanks Doc…. U know as u rightly said, it could be so frustrating at times especially when you are still a rookie trying to build your skills… You make profits one day and u loose all the next… Thanks for the encouragement. I sure cant wait to get to that level of being a pro

    Reply
  6. RDiamond

    So I’m a newbie, testing out demo accounts (Since last week) until I get comfortable with a broker and the software. But my question is– Are there really people out there who have become full time retail Forex traders, who have eventually started making enough to quit their day job? I know there must be– but I really need that feeling of confirmation.

    Reply
  7. cubanpip2010

    The freedom, the independence, the self-acceptance feeling, the proper proud cause you know you are taking complete responsibility, the maturity you are able to acquire, the incredible learning process you get involved. Trading can be amazing, but all depends on you not anyone else.
    Thanks for this post

    Reply
  8. ReverendPip

    I quit my Job the beginning of the year to trade full time. It was the best thing that I have ever done.
    I was so unhappy at my 9 to 5, so I decided to take the plunge.

    Th first month was bad, I lost lots of money, but I rebounded the next mouth, and now I am doing well. All I can say is this. If it is something you really want to do. Just do it! In my heart I know that I would succeed.

    I came up with my own trading system call (The eagle Eye Trading System) Motivated by the Cowabunga trading system.

    It is working very well for me now that I have realized the importance of staying disciplined to my rules.

    I love the freedom I have, and I am in total control of my Financial destiny!

    Reply
  9. Septem

    Excellent article! It’s always good to keep in perspective the ultimate goal, that’s what takes us through the difficult times. Thanks for the encouragement

    Reply
  10. Dr. Pipslowdrpipslow

    Thanks for the kind words everyone. ReverendPip, it’s great to hear that things are working out for you. I wish you and everyone else here the best of success!

    Reply
  11. Septem

    Excellent article! It’s always good to keep in perspective the ultimate goal, that’s what takes us through the difficult times. Thanks for the encouragement

    Reply
  12. Dr. Pipslowdrpipslow

    Thanks for the kind words everyone. ReverendPip, it’s great to hear that things are working out for you. I wish you and everyone else here the best of success!

    Reply
  13. IronHeart

    “At work you sit in your uncomfortable chair gazing at a faded monitor, realizing you’re actually working to fulfill someone else’s dream.”

    Although my chair was better than anything else I’ll ever sit on at home…this is precisely the reason why I quit my job.

    Still working on my system, tweaking it here and tweaking it there…one day I know it’s all going to sky-rocket…one day…

    Reply
  14. IronHeart

    “At work you sit in your uncomfortable chair gazing at a faded monitor, realizing you’re actually working to fulfill someone else’s dream.”

    Although my chair was better than anything else I’ll ever sit on at home…this is precisely the reason why I quit my job.

    Still working on my system, tweaking it here and tweaking it there…one day I know it’s all going to sky-rocket…one day…

    Reply
  15. AKS

    thanks doc..excellent article..for the first couple of paragraphs looked like if you were narrating my story..but then realized that it is the same with everyone..:)..thanks for the encouragement..lets hope it works..if anyone has successful experiences transitioning from 9-5 to trading freedom (like ReverendPip) please share..it will help people who are squeezing that extra moment every day and night trying to realize the financial freedom dream..thanks again ya’ll

    Reply
  16. AKS

    thanks doc..excellent article..for the first couple of paragraphs looked like if you were narrating my story..but then realized that it is the same with everyone..:)..thanks for the encouragement..lets hope it works..if anyone has successful experiences transitioning from 9-5 to trading freedom (like ReverendPip) please share..it will help people who are squeezing that extra moment every day and night trying to realize the financial freedom dream..thanks again ya’ll

    Reply

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