Trading As If You're About To Be Abducted By Aliens

OK, so now you’ve got SMART goals, including goals for trading.

Wait a minute. How important is it to you to be trading?

What if you knew absolutely for sure that in 12 months you would be abducted by aliens and taken to another planet? Knowing that, would you spend any of your time on trading?

Whether the answer is yes or no (especially if it was “yes”), consider the following.

How much time would you put into trading each day? 8 hours? 1 hour? 5 minutes? None, just a few minutes a week or each month?

Who would you want to involve in your trading? No one because you like going solo? Your kids? Your spouse? Your talking parrot?

What markets would you trade? Electronic public markets? Open outcry pits? Real estate?

What time of day would you like to trade? Morning shift only? Afternoon shift only? Overnight only?

Where do you want to be when you trade? At home? In an office building? On a yacht? At the beach?

What time frame would you trade? Scalp? Swing? Position? The 12 month deadline precludes longer term investing!

Finally, why would you want to trade if you absolutely knew that in 12 months you would be abducted by aliens ? Because:

You enjoy it as much as(or more than) you might enjoy doing anything else?

You want to sharpen your trading skills so the aliens will change their mind about abducting you?

You've received telepathic messages that the aliens are corrupt and will accept Earth Currency as a bribe to pass you over in the abduction so you want to make enough Earth Currency by trading to pay off the aliens?

Continued tomorrow ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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