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The Long Haul
How long do you want to be trading for? Do you want to make those millions as soon as possible so that you can then retire to a life of luxury on your own sun-kissed desert island? Personally I'm in it for the long haul. I view trading as an activity that I'll be doing for the rest of my life. The longer I'm able to stay in the game the more experience I accumulate. This hopefully means that I'll be getting better and better as time goes on. I also know that it is important to keep the mind active, especially in old age. While I'm a long way from that being the case, I think the mental agility needed to trade would be perfect for keeping my brain ticking over no matter what my age is. Watching last night's ABC News special Live to 150, Can You Do It? hosted by Barbara Walters made me contemplate what sort of life I want to be living if I ever reach the grand old age of 100, never mind 150. Hopefully I'll have developed a multitude of new interests by then, but I also hope that trading still plays a role in my life, for it is such an interesting, ever changing pursuit. Viewing trading over such a long time frame only reinforces to me that I don't need to make it big this week, this month or even this year. It's okay to take a break every so often. The market's not going anywhere and it's important for me to be in the right frame of mind when trading. |
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