Day Traders Lesson 9. Get A Life

Do you know why you trade?

Is it the fun and excitement, the sheer nerve-jangling, adrenaline rush that comes from trading the
word's financial markets?

Perhaps you enjoy status of being a trader? "Hi - John Doe - Futures Trader - nice to meet you..."

For some traders, it's an escape. They hate the world around them - their job, their boss, their spouse,
their whole life in fact. Trading then becomes a fantasy to slip into at will.

The fact is, trading has to be about one thing.

Making a profit.

If you do it for any other reason, you are probably doomed to failure, because you'll operate from
emotion instead of the cold, mechanical thinking that's the hallmark of a good trader.

Look at your own motivations for trading. See if you can discover a hidden agenda. If there's
something missing in your life that trading is currently filling, then you need to address that.

Live a balanced life. Don't spend the whole day trading. Meet people. Get out! Start a new business.
Find new interests.

Keep your trading desk free from emotional clutter.