Special Thanksgiving Day Post – Pay It ForwardBy
First, I’d like to share interactions from three different traders I had over the past week.
Paying It Forward - In last week’s Weekend Trader post, I mentioned a frustrated trader who seemed to be on his last rung – in trading and life – who reached out to me in severe desperation.
Another part of the story is he’d just lost thousands paying some guru who’d taken off with his funds, and we’d actually spoken several months ago where he was very skeptical of me due to some blatant lies that some have spread in one small corner of the web that is often frequented by losing traders and kiddies typing in their mommie’s basement. (More on that in a bit.)
After spending an hour with him on the phone, I chose to gift him the first three Jellie webinars … telling him all the while that I didn’t want one penny from him.
Suffice it to say, that before, during, and after the conversation, I was as concerned as I’ve ever been for any trader I’ve ever encountered. And that says a lot.
Fast forward to last night, when the following email floored me.
Those who know me well know that not much leaves me speechless.
Yet after reading this, I had to take a long silent walk.
My role? Well, as I mentioned in my October 1st post, it’s simply that of pointer.
I responded by simply asking him that if his trading indeed continues to turn around, that he should consider a donation to the growuganda.org effort.
I mention this for two reasons … neither of which has to do with self-promotion.
First, pay life forward gang. ‘Nuff said.
Second, while I certainly don’t lose any sleep addressing the aforementioned kiddies, I WILL defend myself against blatant lies and misconceptions that a very small minority have with respect to my involvement in the educational side of this business, and will simply reference the 2009 Blue Wall posts (Part 1 and Part 2) and the recent public thank you post.
Another relevant perspective can be found on page 55 of one of the best trading books out there … Golf Is Not a Game of Perfect by Dr. Bob Rotella.
“Practice ranges came along, and teachers found that they could make a living just standing on the lesson tee and talking about hand positions and body coils and swing planes. They stopped walking the course with their pupils. They stopped teaching rhythm and feel and scoring skills. Gradually, teaching golf became a big business. Teachers competed for a share of the market by claiming that they, and they alone, had discovered the secret, the mechanical key to the perfect swing.”
Those that have worked with me know that trading, like golf, is indeed all about finding the market’s rhythm, and simply (yes, SIMPLY … remember that Kindergarten slide!) aligning with it.
As I’ve said recently, truth is … well, truth.
Find a real trader to emulate gang. And it does not need to be me … just “real”.
Of course, some simply are too lazy to do the due diligence required to find the truth.
Or, in the words of Colonel Jessup, some simply can’t handle it.
Lunch in Boston – I also mentioned last week that I was going to have lunch with a longtime blog onlooker and his family who were visiting Boston. We had a great time (Thanks Bob!) chatting about Boston, family, and just about everything but trading.
And my review of Legal Seafood’s “Cape Cod” scallops? Absolutely superb.
Trading Addiction? – Another conversation I had this week was with a Jellie trader who asked me whether I thought his thinking about the market after market hours was bordering on addiction.
As I mentioned to him was that I believe there’s a fine line between (1) healthy and necessary fully-immersed passion and (2) addiction.
And since the first is absolutely necessary for success in this business, while the second will lead to burn-out and ruin, we must carefully walk that razor-thin line.
Where that line gets drawn likely varies by individual.
2010 Personal Review – ‘Twas one of the more interesting years for this trader as we head into the home stretch of 2010. And in many ways, I feel that this was year of significant personal measurement and spiritual testing.
Two months of Pleurisy. The May 6th flash crash. Chelsea’s continuing medical challenges and perseverance. Family dynamic changes with the official beginning of the empty nest years. Random bouts of lost focus and perspective. Two Jellie training sessions. Spiritual renewal.
Yet, by the grace of God, I’m still standing … and growing.
For me, I suppose 2010 was one of the truest examples that trading and life are indeed like a symphony concert.
Plus, we need an intermission to regenerate the strength and passion.
And as I witnessed last Saturday evening when Chelsea made the leap from high school soloist to the Tufts University Symphony Orchestra (middle front in pic), the resulting music is usually jaw-dropping and mind-blowing.
May God provide you the largest cornucopia today and in the coming months & years.
In trading and life.
For the next segment of the Concert begins shortly, and we’ll need to be ready.
(Ponder a moment over that last sentence … as there are three intended meanings!)