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.


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