Best job to have while learning to trade

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BetScalper
Posts: 1139
Joined: Sun Jul 02, 2017 10:47 pm

I like to interview pole dancers when I am trading....

And looking at my current BF P&L statement it’s probably the reason why I am so crap at it.
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

BetScalper wrote:
Tue Apr 09, 2019 8:38 am
I like to interview pole dancers when I am trading....

And looking at my current BF P&L statement it’s probably the reason why I am so crap at it.
:lol:

As long as you have job satisfaction that can mean more than the money
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

BetScalper wrote:
Tue Apr 09, 2019 8:38 am
I like to interview pole dancers when I am trading....
Speaking of which, must be iro 12yrs ago now but I had a 1/3 share in the Blue Room in Cheltenham for a while, I suspect some of you know it because it was always packed during Festival week.
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

ShaunWhite wrote:
Tue Apr 09, 2019 2:51 pm
BetScalper wrote:
Tue Apr 09, 2019 8:38 am
I like to interview pole dancers when I am trading....
Speaking of which, must be iro 12yrs ago now but I had a 1/3 share in the Blue Room in Cheltenham for a while, I suspect some of you know it because it was always packed during Festival week.
My wife's best friend is a pole dancer, not a stripper/lap dancing one instead she does it as a sport and has competed at a few regional events, apparently its up and coming very fast (no pun intended) and may only be a few years before its included in the Olympics.
stueytrader
Posts: 863
Joined: Tue Dec 15, 2015 6:47 pm

Dallas wrote:
Tue Apr 09, 2019 6:57 pm
ShaunWhite wrote:
Tue Apr 09, 2019 2:51 pm
BetScalper wrote:
Tue Apr 09, 2019 8:38 am
I like to interview pole dancers when I am trading....
Speaking of which, must be iro 12yrs ago now but I had a 1/3 share in the Blue Room in Cheltenham for a while, I suspect some of you know it because it was always packed during Festival week.
My wife's best friend is a pole dancer, not a stripper/lap dancing one instead she does it as a sport and has competed at a few regional events, apparently its up and coming very fast (no pun intended) and may only be a few years before its included in the Olympics.
I'll be sure to be trading (and researching) that market avidly in that case! :shock: :oops:
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Kai
Posts: 6092
Joined: Tue Jan 20, 2015 12:21 pm

I have a few friends that struggle with this, some of them have a boring desk job where they don't really do much so they can trade/read/watch for hours and some work part time so they find time to do both, but unfortunately that's far from ideal and the learning process can take years, best job to have while learning to trade is no job. I will never tell someone to quit their job to pursue trading, it all depends on your circumstances, but that's what I did.

I started in 2014 as a complete beginner but on the plus side at 30 years of age I had no family of my own to distract me and plenty of savings so it made sense to go the extra mile and create perfect conditions for myself, to have the best chance of success. I developed a passion for it right off the bat (very important part imho) and I felt like I finally found my vocation, so it was very "easy" to work on it nonstop, although it was by far the hardest thing I ever did and most of my social life had to be sacrificed as well during that period. My initial 1000 euro learning bank somehow managed to survive the rough start, went down to half at one point after a tilting situation but it was a key lesson in the learning process so I did learn from it and bounced back by approaching premium charge zone after 6 months (although it took 14 months to finally get the consistency that I wanted). My biggest two problems in the first year were tetris effect and hypercreativity but eventually I found ways to deal with that. Running into problems and making mistakes is inevitable and important, it's up to you to solve the problems and learn from mistakes if you really want to progress. I guess what I'm trying to say is that there are many paths to become a trader but time is the one key thing they all have in common, you need to put in real quality time to master any skill, I was lucky that I had the right set of circumstances to compress that time as much as I could, but in the end it's all a question of how badly you want it.
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ruthlessimon
Posts: 2094
Joined: Wed Mar 23, 2016 3:54 pm

Great post :)
eightbo
Posts: 2154
Joined: Sun May 17, 2015 8:19 pm
Location: Malta / Australia

Kai wrote:
Fri May 31, 2019 12:21 pm
My biggest two problems in the first year were tetris effect and hypercreativity but eventually I found ways to deal with that.
Hi Kai thanks for sharing, would you mind giving some more info on how the Tetris effect was problematic for you?
I find myself constantly thinking in probabilities and risk/reward in real-life scenarios but have found it to be beneficial.

Cheers
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Kai
Posts: 6092
Joined: Tue Jan 20, 2015 12:21 pm

eightbo wrote:
Sat Jun 01, 2019 8:03 am
Kai wrote:
Fri May 31, 2019 12:21 pm
My biggest two problems in the first year were tetris effect and hypercreativity but eventually I found ways to deal with that.
Hi Kai thanks for sharing, would you mind giving some more info on how the Tetris effect was problematic for you?
I find myself constantly thinking in probabilities and risk/reward in real-life scenarios but have found it to be beneficial.

Cheers
Well according to Wikipedia the Tetris effect occurs when people devote so much time and attention to an activity that it begins to pattern their thoughts, mental images, and dreams. My problem was the dreams part, that's where the Tetris effect manifests itself in the extreme. If you have a decently balanced everyday life then the effects should only be mild and beneficial, in other words the brain is just trying to help you understand things quicker. But if you have virtually no balance (like me during that intense period) and have an enthusiastic/passionate/obsessive personality (again, like me) then it can severely disrupt your sleep with recurring dream patterns.

In the context of trading, for example imagine having a dream where you're trying to close out a good swing position but you just can't seem to do it as the price keeps running away from you never fully reaching your exit positions, the brain thinks he's helping you by playing an endless loop of this image but it's actually torturing you and turning it into a bit of a nightmare, and thus preventing you from deep sleep. Once you accrue a large amount of sleep debt then it's hard to function properly, let alone trade effectively, so I was forced to drop everything and take a break. Never had any insomnia problems and my sleep is usually fantastic, but this happened to me a few times during that period at worst possible moments just when I was making the biggest progress (which can't be a coincidence) so it was incredibly annoying. It always took a full week for the recurring dreams to fully dissipate from my subconscious mind. Of course, after you get used to a new activity then you should no longer suffer from these types of issues. But that was all before I knew how to do deal with it, I still occasionally get "tetrised" by a new activity/project if I seriously overdo it, but as soon as I start feeling it I just detox a bit before bed by doing something relaxing, it makes a big difference. And if I still do wake up after 1-2-3 hours by an annoying recurring dream then instead of tossing and turning all night like before I just get out of bed for at least a few minutes to get my bearings and reset my mind (so to speak) before going back to bed, that does the trick.
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The Silk Run
Posts: 902
Joined: Mon May 14, 2018 12:53 am
Location: United Kingdom

Universal Credit by day, Asian markets by night GMT+6. Trip to Food Bank at lunchtime to satisy the doubters, lol ...
Saturday window cleaning job. Much less risk than being on Betfair's ladder.
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Thebest147
Posts: 93
Joined: Thu Nov 05, 2015 8:01 am

Bank robber
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The Silk Run
Posts: 902
Joined: Mon May 14, 2018 12:53 am
Location: United Kingdom

Thebest147 wrote:
Sat Jun 01, 2019 8:51 pm
Bank robber
Money laundering and dry cleaning operative Betfair Exchange.
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mcgoo
Posts: 898
Joined: Thu Jul 18, 2013 12:30 pm

Dallas wrote:
Tue Apr 09, 2019 6:57 pm
ShaunWhite wrote:
Tue Apr 09, 2019 2:51 pm
BetScalper wrote:
Tue Apr 09, 2019 8:38 am
I like to interview pole dancers when I am trading....
Speaking of which, must be iro 12yrs ago now but I had a 1/3 share in the Blue Room in Cheltenham for a while, I suspect some of you know it because it was always packed during Festival week.
My wife's best friend is a pole dancer, not a stripper/lap dancing one instead she does it as a sport and has competed at a few regional events, apparently its up and coming very fast (no pun intended) and may only be a few years before its included in the Olympics.
What a time to be alive :lol:
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