Monday, April 27, 2009

Takes too long, let me sum up...

. Monday, April 27, 2009

After 25 years in the markets, one would have a legitimate question asking --- why success now? and why is it different this time?

As someone who mostly believes it is NEVER different this time, it's a damn good question.

The main reason is that the passion is back in full force. Motivation is also part of the answer, as other parts of life are shall we say, challenging. Although I continue to be computer challenged, the research and testing is a million times easier than it was the last time I worked on this idea. I have looked, tested, and purchased and endless array of products including books, software, systems, promises and hot air. It is a combination of a bit of age, tons of experience and a healthier and more energetic outlook that promises to make the search worthwhile and fulfilling.

I have been lucky in that I have rarely been afflicted by the usual reasons for failure. The litany of these reasons are common to all...emotional trading, chasing losses, trying to get even, overtrading, lack of discipline and on it goes.

I am most certainly not impervious to these foibles, but I do believe the reason lies in never having found a good enough trading method, or if I did, it did not fit either my personality or the bankroll. Is that head-in-the-sand thinking? Am I in denial? I don't think so...And since nobody is reading this , and nobody who knows me ever will, it seems a bit silly to lie to yourself on paper.

So---I have been looking at a million different indicators, visiting trading rooms and making an exhaustive look at what's out there. This is basically an all day project, 6 days a week all day. I have my burn-out moments, but they don't last too long, and I'm back on the horse the next day.