Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
In your recent journal post which I do not want to link out of fairness for the ongoing competition, you mentioned that:
In addition, , I saw you posting along the same topic but you didn't say how it applies to you regarding your loved ones supporting your trading.
I wanted to make certain that both of you (and others) knew that this thread existed, because we've been talking about the critical importance of having support from wife/kids/loved ones in your trading for many years here in this thread, and I welcome it's ongoing continuation because I hope that it will help people.
That said, , can you elaborate on the relationship you have with your spouse over trading?
I wrote this poem sometime in the lockdown, and though my wife did not offer support for trading (and equated it to gambling), she was eventually to point the way to the golden middle that came to me as 'balance'. I wrote this poem for her, even though there is no direct support - sometimes 'no support' can actually mean tonnes of silent support by offering discipline instead of pandering to and spoiling an 'already spoilt child':
When I was
an incomplete person
From work I took a pause
To quickly earn a ransom
I took to trading
it seemed
a quick way of printing
Money in reams
I made a pile
Thousands by the hour
And my bile
Tasted my tongue, was sour
I did not mind
My deteriorating health
I was focused hook, sinker, and line
On wealth, wealth, wealth.
She warned me of a-change in Miss Market's style
Dangers of these easy riches without strife
And told me to look yonder
On this thing called life.
But, you know, as it always happens
I ignored her sage advice
But was disappearing, my confidence
And slowly lost most of my dimes.
I almost lost my mind
And though she wouldn't pet me
Her look was both stern and kind
And she gently stood beside me.
Many a time I ignored my duties
And spited her for working overtime...
But suddenly in her words, I could see beauty
Slowly but surely her words began to rhyme.
When I took it slowly
And focused on myself, my family for a while
I sensed how trading turned holy
And finally could take it in my stride.
Sometimes when your wisdom lights go out
Your spouse sometimes holds a candle
In the middle of your dark blackout
And it's a faint glimmer in a losing battle.
The light that shines
Illuminates
Deepest recesses of your mind
And liberates both you and your soulmate.
I'm not married yet, that will change on this 28th Feb, that was the reason for me asking about it.
Other than that my father is squarely opposed to me trading but we can have disagreements and still live since I do have other income sources. My rest of the family thinks I'm a wastrel and has no clue about what I do, even other than trading. So their opinions I don't really consider much.
Having said that, I feel things will be very different with the wife, and I've been trying to warm her up for that all this time. But still, you never know, time changes things
So when you saw "warm her up", just exactly how forthcoming have you been about your trading? Such as how much time you spend on it, how much money you've made or lost, and what it means to you either as a passion/hobby or profession?
If I could probe further, how long have you been living together for her to observe you and your trading, including your good and bad days?
I've shown her all my trading history, I've also made my businesses and passive income open to scrutiny to her family as well. Problem is second part of your question, will she be able to deal with my excessive screen time? As we have not lived together yet, in India if I tried to pull that off, it would be more of a problem than me trading
Congratulations on your engagement and upcoming marriage!
Your comment is loaded with meaning.... so here goes....
As long as you are making a good living and continuing to improve your skills to make that living, then I do not think other people's opinion matters too much. There is no single right way to make a living.
"Time changes things"....kids and a spouse change things even more. You may very well find your risk appetite changes, so don't be surprised when that happens.
I wish you and your future wife the best of luck and happiness in your new life together.
Thank you and yes, "fun money pool" will decrease so obviously how much I can lose before one of the kitchen utensils land on my head will also shrink - I jest
Hehe....well, seems like you already know what's coming up next my friend....
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn