A funhouse mirror distorts the image of whatever is in front of it.Wall street is not designed to be transparent and true to life. It is somewhat of a funhouse mirror despite regulation which struggles to make the mirror be true.
A speculators value to the society in which he lives is distorted with no production of any real sort to show for what he does, almost none to speak of. A successful speculator provides the least effort and exchange for the most reward. If an employee of a factory his role would be just to bet on which production unit would produce the most, not to lend a hand. In such a wasteland of spirit the joy of life might dwindle. Further the gambling aspect of the scene can further drain ambition for improvement of the life of the trader, leaving him with just the fixation on the game and being a success, but with no further goal.I
t is important for a speculator or trader to keep his life goals in mind. Just as the investor has a policy statement or objective to investing, so must a trader span his attention across the landscape of his life. A fixated trader degenerates into a gambling addict. If you are struggling besides getting your indicators all lined up in a row, be sure to pay attention to the rest of your life and get it in order.
Speculating is no refuge. Stay out of that trap. Do some work on your house, talk to your wife and kids, get out and enjoy the world some. Not surprisingly successful traders will often appear to have other interests and activities, not because they were successful at trading first, but they are successful at trading as well as and somewhat because of leading interested lives.Trading is just a game. Keep it in perspective and alignment and keep your spirits high.
