I am starting a blog written anonymously about day-trading. Of course many posts will cover day-trading; but I envision some posts will also be about my general lifestyle– that is, day-trading as a means to pay rent, buy groceries, and pay bills. When you’re just a normal, regular prole trying to day-trade for a living, you’ll find that it’s not a 9-5 job. It’s more a like a startup you’ve self-bankrolled that’ll engulf your entire life and every waking moment. Even when you’re not trading, you’re thinking about trading. Or you’re preoccupied with a massive position you’ve taken on that’s moved against you. Or about half-a-dozen other things on your many to-do lists. I’ve transferred just about every last cent out of my Citibank and Chase accounts into my Fidelity brokerage and am putting it all on the line. It’s not some abstract number in some 401k that blithely moves up and down which you see every other quarter or maybe even once a year. This is real life. As John Hoynes would say, “Welcome to the NFL.”
Why written anonymously? Well, while my closest friends will know my true identity, I’m confident they will remain discreet. And generally, it just makes me more comfortable. In person, I’m usually reluctant to share personal financial details (I was always taught that it was bad taste and a faux pas to do so in polite society) but if this is a blog that’ll largely be about my adventures (or misadventures) in day-trading, then it’ll simply be unavoidable disclosing some personal financial information. I’ve thought about this lots and have made my peace with it. I love writing. I love programming and finance. Combining the two –at least for now– makes sense to me.
Continue reading “#001 | Welcome to Adventure!”