"You mean just stop? Cold turkey? You don't understand! The pain..."
- Frankie Machine (Sinatra), The Man With the Golden Arm by Nelson Algren
Augggh!!! The pain. I finally admitted that I had a problem - not making money. So, I quit cold turkey. It has been over 3 weeks since I made my last trade. And I'm going through extreme withdrawals. I turn on CNBC first thing in the morning. I check my stocks on the internet. I follow random traders' tweets. I am jonesing to make a trade. I miss the guys in the office, the thrill of letting a winner run, the mental challenge of constant decisions. I miss the action. Really, I think I miss the good ol' days of being in the pit on an earnings day, printing money. I don't miss the stress, the deep self-examination of my psychological short-comings, and most of all, the losing trades. Even though, in the end, I found it too difficult to compete with the super-computers located within micro-seconds of exchange servers, I relished the experience. I became more patient, more analytical, more one with the market (yeah, the one losing money). But, what doesn't kill ya (although, maybe taking a few years off my life expectancy), makes you stronger. Stronger, but poorer. I kid. Poorer, but richer for the life experience.
Get Back in there and sell Mortimer! |
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