It’s odd to say, but trading is a job for me.
I don’t know if most people feel this way, but I do trading because it is needed, not because I want to. When I say “want to,” I mean having a passion for it and liking it. I don’t necessarily enjoy doing it; I just do it because I need to, just like people need jobs for rent, food, and money.
All I can say is that I am grateful for where I am in life and the opportunities given to me. I have saved the money I received from Christmas, birthdays, and my last job. My dad also gave me a big sum of money after I graduated high school.
My parents didn’t care if I contributed to the house bills, which is why I never worried about getting a job. I did have a job before I visited my sister for four months (I was supposed to live there, but that’s a long story).
So, from all the money I have saved and the time I have because of my parents, I have an opportunity to focus on trading.
I haven’t told my family yet, but I am planning to move to San Diego by the end of this year.
This is why I am considering getting a job: I need extra money for rent and, I guess, for having fun and going out.
However, what if I used this time to study trading? I believe one reason it is taking me a while to be profitable in day trading is the lack of accountability and external pressure. The downside of being given a lot is that you are not motivated to do much because what’s the point?
This is why you need to love what you do. You don’t need external pressure or accountability. You do it because you want to. I do trading because I need to, not because I want to. But now, I actually feel pressured to do this (because of the time limit I have for San Diego).
The good thing about this is that passion is a process, not something you find. So, why haven’t I become passionate about trading yet? I think it’s because I have not been consistent enough to like it.
This might sound bad, but I have not been consistent with trading for more than a month. I have not actually put in the work to make real long-term progress. However, when I have made progress, believe it or not, I did enjoy it much more. There have been many times when I focused on trading, then let it go for a bit, and then came back to it. I have been inconsistent with trading for a while, but it’s getting much better now.
The Benefits, and Potential Down Sides (of Job, or No Job).
Job (benefits)
- Save money for when I move out
- More money = More fun time
No Job (benefits)
- More time on wealth creation
Potential Downsides
- Less time on wealth creation
Potential Downsides
- Less fun time
- No job = No extra money
The point is, if I get a job, I’ll have more money but less time (and vice versa). From what I see, it is safer to get a job.
However, I like taking sides that have the most potential. Why do I think not having a job offers the most potential? Because I would have more time to work on my craft. The only risk involved is not being able to focus, which I can control. I haven’t been able to focus on trading for more than a month, so what makes me think I can focus now? I finally feel external pressure and accountability. Why not take advantage of this? That’s what I’ve been thinking. For such a long time, I have never felt accountable for doing this. I finally feel the need to do trading.
If I don’t have a job, I’ll have less fun time because I won’t have money, and I won’t be working. All of this extra time can be used to work on my craft. Another reason I might go this route is that I will get a job in San Diego, so why not use as much of this time as possible before I leave? I know this will suck, but who said success was easy?
If I take the side of not having a job, it is riskier because it is on me, and solely based on my performance. However, it holds the most potential, but only if I am willing to work hard from now until the end of the year. So the question is, am I willing to work that hard?
The answer is the title.