5 Years Later and Still Trading Full-Time

Last Thursday, 3/31/11, marked 5 years since I walked away from sales conferences in Hawaii, drinks on the 19th hole with customers and a big fat paycheck to trade full-time on my own account.  My first thought is WOW!  How have I survived countless unforeseen expenses?  How did I survive the Great Recession? How have my wife & I maintained our same lifestyle?  Vacations haven’t changed and we are still living in the suburbs and driving nice cars.

It is simple.

I WANT IT!

In Napoleon Hill’s book “Think and Grow Rich,” he shared a story of Edwin Barnes – a man who desired to become a business associate of Thomas Edison.  According to Hill, “Barnes desire was not a hope! It was not a wish! It was a keen, pulsating DESIRE, which transcended everything else.  It was DEFINITE.”  Barnes described his desire as such, “There is but ONE thing in this world that I am determined to have, and that is a business association with Thomas A. Edison.  I will burn all bridges behind me, and stake my ENTIRE FUTURE on my ability to get what I want.”

That means putting my Engineering and Business degrees back to work for the man is not an option.  It means means working 12-14 hour days. Constantly analyzing my trades.  Determining which set-ups work best for me. Forever reading and writing.  I didn’t understand this until lately, but writing fine tunes my thought process.

Trading is a business.  Treat it as a business.  Protect your capital.  And with a little luck, trading may take you to places of your DREAMS.

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  • Congrats Mr. Rida,
    Must be a good feeling. I can picture you yelling like your boy KG after the championship “What are they gonna say now? What are they gonna say now??” ? 😉

  • Thanks, KG is the man!!!

  • Congrats, Michael. I’ve seen a lot of growth from you over the past year or so since I started following you on Twitter. No doubt you will continue to improve your participation in the market. Thanks for sharing.

  • PositvePsych

    Thank you for sharing your experience of making a “determination”.

    Agree that writing publicly fine-tunes your thought-process in helping to “internalize” what it is you intend to be doing on the path towards doing it.

  • Darren – It is amazing how much of this game is mental, but you already know that. Thx….

  • funny :)) 

  • It needs little more power you young boy…………………………lol