Is this really a worth while goal?

newtrader101

Well-Known Member
#1
The majority of us expect to become extremely rich through trading (saving the handful who just want subsistence from it). However the filthy rich aren't really a happy lot as you can see - drug abuse, multiple marriages and divorces, suicides etc).
 

Dr. Jan Itor

Well-Known Member
#2
I had written a two page essay in reply. But suffice to say that for every "rich" guy suffering these maladies, you will find ten guys who are leading the aristotelian "good life". And at the core of both those examples is not money or any other "super structure", but the foundational values and morals inculcated during our formative years.

P.S:
Maybe this was just an academic or philosophical query from your end. If not, and if you are feeling lost, anomic or experiencing a mild sense of nihilism (natural thing to feel, given the sombre environment of late), discuss this with someone - maybe a family member, a friend, a colleague or even a stranger on the internet - but just let those thoughts out of the echo chamber. That provides mental clarity and relief, and lifts the mist of confusion that prevails during uncertain times.
 
#4
The majority of us expect to become extremely rich through trading (saving the handful who just want subsistence from it). However the filthy rich aren't really a happy lot as you can see - drug abuse, multiple marriages and divorces, suicides etc).
some problems are human problems (anger, jealousy, big ego, comparing with others, craving for what you dont have and not respecting what you have etc.) nothing to do with wealth level.
Wealth amplifies the human problem never solves it!
Trying to solve human suffering with more cash has never worked.
But definitely cash will solve the problems cash can solve i.e financial independence, providing for family.

So use markets to solve your cash problem, for human problems wealth doesn't have the answer.

edit: If you are poor that doesn't mean you become a saint and free of human problems. Now you have two problems a) poor, b) confused, unhappy person who can't pay his bills!

PS: Making money in trading is not easy either! You are lucky if you ever cross the successful trader threshold in 5-10 years of screen time and practice, that's another big problem!
 
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newtrader101

Well-Known Member
#9
Part of my reasoning:
In today's society which vocation can be called really honest?
May be there're a handful in each vocation who are content with what's rightfully theirs.
Even in trading, aren't the majority of price movements strategic manipulation with connivance of media, govt, brokers, and exchanges.
Can't blame as whole business is based on greed.
 

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