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As a day trader I live by expectations and risk. Some of the rules I use trading can also be applied to everyday life. I thought it might be interesting to draw some parallels. 1. If we do not enter a trade we will never make money. Parallel : If we risk nothing, we will get nothing. If we sit on the side lines of love and relationships then we will never receive what it has to offer 2. Every trade has a level of risk associated with it. Parallel : Do not be afraid to initiate contact. Rejection is not a bad thing. 3. There is no such thing as a perfect system. You will have losses in trading. Parallel : Do not be discouraged when a contact does not work out. This is just the way it works. You are not alone in being rejected. It happens to most of us. 4. Trades can have varying risk's and expectations. Parallel : The old adage of the larger the risk the larger the reward is kind of true but you must remember that larger risks can have larger rewards but there is also the down side that must be looked at. A large failure can take a while to recover from. Shooting for the stars can land you flat on your face. 5. Manage your trades carefully. Parallel : Once you initiate contact do not ignore it. In order for something to grow you have to watch and maintain it carefully. 6. Do not fall in love with a trade. Parallel : A contact may start off well but can sour quickly. You must be able to let go. 7. Learn to recognize when a trade is going bad. Parallel : Similar to 6 but with a twist. Bad is not the same for everyone but you need to be able to act on it and do something about it. A relationship going bad is not necessarily the end but it does require the attention of the people involved. 8. Accept that every trade is slightly different and use that as a challenge. Parallel : Do not assume everyone is the same. There is something unique about everyone and the challenge is in finding it. 9. Do not think you will make a million dollars in the first day of trading. Parallel : The chance of finding love in the first day are very small. Do not be disappointed if you do not find instant love. 10. Do not focus on how much you will make tomorrow. Focus on what you can make today. Parallel : Nothing wrong with having dreams but in order for those dreams to come true you must focus on what is important today! 11. Not all markets are the same. Parallel : This is an interesting one. The US, UK, AUS, JPN etc markets all work is slightly different ways. In order to trade them properly you have to have some knowledge on how they work. Same goes for different cultures. Understanding the culture helps in the understanding of the people within that culture. 12. Trade what you know. Parallel : I do not trade currencies because I do not understand how they work. Have a good idea of the person / personality you are looking for and try to target those people. The scatter gun approach does not work in trading and I suspect it is just as unsuccessful in finding a partner. 13. Be aware of insider trading. Parallel : There are many sharks, fakes and scammers in the ocean of internet dating. They exist and we must be careful of their attacks. 14. Not everyone will successful. Parallel : This is so true in trading and unfortunately also in online dating. This form of meeting people might not be for everyone so there will be many who chose not to use it. There will also be some that have high expectations that are not met. Be realistic about what this medium has to offer and use it to your advantage. 15. Focus on your goal and never give up. Parallel : Be clear in your own mind what your aims are and do not accept rejection as defeat. No where does it say that finding friendship/love is easy. Know this and focus on your goal and you will succeed! 16. Do not get angry when a trade does not work. Accept it, learn from it and move on. Parallel : If you are unfortunate to incur rejections (which will happen to most of us) learn to accept it, pick yourself up and move on to something better. 17. Do not become obsessed with trading. Parallel : Make sure you are living a full life outside of online dating. 18. Know your limits. Parallel : It is important to know what you can and cannot do. If you are not capable of financially supporting someone then that is a limit. If you are not willing to accept a new culture than that to is a limit. If you easily get homesick then that is also a limit. There will be many individual limits for each of us to look at. It is important to be aware of them before they lead to a disaster. 19. Be honest with yourself. Parallel : Nothing more to say! 20. Sometimes you just have to follow your gut. Parallel : Sometime when you are not sure and everything is upside down you just have to rely on your gut instinct. More often than not it is correct. 21. Trading requires effort and can be very boring at times. Parallel : Finding a partner can require considerable effort. It is important to be aware of this and take breaks when appropriate. It may also require you to correspond with many more people than you would like to. Accept it and move on. It is just the way it works. 22. Have fun! Parallel : If you do not enjoy what you are doing then you will succumb to dispair and give up or fail! Life is a journey to be lived and enjoyed. Do not let it get you down. 23. Trading in 2009. Parallel : Not much to say but have a successful and interesting year! Good luck to all! | ||||||||||
| bejamin13, rewty, scofild, DDave, Good-Woodsman, Olya-stp, colomoda, alalalal, Ladine, 2007-Irina-rose, margarita-007, almond-Pisces, technoronin, Krasota23, pacwaves |  crocman |
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