Just imagine it.
You are at the final table of the World Series of Poker Main Event and you are playing heads up for the million dollar first prize.
The lovely ladies have deposited the million dollars in cash on the table after the third place place player was eliminated. They take a commercial break and after what seems like hours, they resume play.
This is it, what you have been dreaming about for years.
Your first hand comes:
Quick, show me your poker face!
OK, that was pretty bad. Luckily, I don’t play poker for a living.
Obviously, that isn’t how either of us would react in that situation (cough, cough), but my point is that in poker, you want to keep your emotions to yourself. Any slight nod of the head or wrinkle of the brow could give away your cards. This is called a “tell” in poker.
On the other hand, trading is a different story. It is a solitary endeavor and you are free to express yourself as you see fit.
When I worked at the trading desk of a hedge fund,
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I don’t know about you, but I have been watching this great series of TV shows by Tony Robbins. It is about people who are down and out and how they turn their lives around in 30 days. What I really love about the show is that it shows exactly how Tony breaks these people out of the ruts that they are in. Many times they have been caught in this destructive behavior for years and he puts them on the path to success very quickly.
As you can see, I haven’t posted much the last couple of weeks. I have been trading but I did not have time to update my trades or anything else.
Here is a link to an interview with trader Corey Rosenbloom. He tells us how he trades both ranging and trending markets. He trades equity index futures and I’m sure that his experiences can teach any trader a thing or two.
. It is an interview with several successful at-home traders from around the world and how they are able to make a living trading their respective markets.
