What’s the Keyboard Cowboy Version of Coal Mining Dust?

July 8, 2020

So it goes for our kids. It’s tempting to tell them exactly what they can and can’t do. It’s tempting to tell them what you expect them to do, or explain how the world works. But would you have listened to that when you were their age? What did you do when your parents pretended like they knew what they were talking about?

 

No, we learn better when we are shown. We drink more deeply when we are gently led to water rather than force fed. You have to give your kids a chance to come to the conclusion on their own. You want to help them learn how to think, not just what to think. Because someday you won’t be here anymore—so show them how to think now, so they can do it on their own.

~ Daily Dad 

Nailed it.

This is my Trading Journey.

I’ve read nearly every goddamn book on trading, trading philosophy, trading psychology, investing, technical analysis, fundamental analysis, biographies, autobiographies. I read all the best blogs. I follow all the best people on twitter. And I’ve learned so, so, so, so, much from all of these experts, friends, and mentors.

They have steered me in smart directions. They have forced me to ask the right questions. The have inspired me to think creatively. They have motivated me to focus on positivity. They have nursed me through tough times. And they have celebrated with me during salad days.

But…

There is no way I can truly learn anything unless I put my ass on the line, take the hits, make the errors, feel the burns, and enjoy the wins.

It sucks. It’s hard.  But there is no other way. Not for me, anyway.

No amount of lecturing, yelling, or hand-holding will make me a successful trader. No amount of hypothetical or simulated trading will offer the magic bullet. All can be useful and helpful when doled out and applied at the right time in the right amount. But I have to go through the grinder myself. And the only way out is through.

Cheers to all of you who have served as beacons of light along this somewhat dimly lit journey, and to those of you who have sketched out roadmaps to the best of your ability. I owe a lot to you. And I know I still have much to learn still from many of you going forward.

But if you need me, I’ll be over there grinding away in the corner. I’ll be the guy who’s face is covered in whatever the Keyboard Cowboy’s version of coal mining dust is. It’s the only way I know how to improve my craft.