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Re: Trading for a living



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For the aspiring want to be full time traders like me:
What were some of the "LESSONS LEARNED" that elevated you to full time
trading?

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> From: Bill Shumake <bshumake@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Trading for a living
> Date: Sunday, December 07, 1997 5:25 PM
> 
> Regarding Dennis Cattani's post about trading for a living; I second
everything you said Dennis.  I can especially identify with what you said
about trading being a lonely occupation.  I relocated to a small town when
my son started school, and now office at home which really compounds the
problem.  No matter where you are, people do not understand the business of
speculation, I think many simply regard us as lucky gamblers who will one
day have to "pay the piper" when he catches up with us. ( I guess they
think I have been on one hell of a lucky streak, as I have been at this for
over two decades, although not all of it full time ) In any event, thanks
for pointing out the emotional preparation that is necessary to trade
successfully, it is something that can be easily overlooked until you are
confronted with it.
> 
> All the Best !
> Bill