When I talk about 'Oh I made this this week', and I don't appear to be happy with the result, that's purely because that's the realm I'm working in right now. I had a friend tell me today about some guy in an office saying he 'only' got half a million bonus this year, but looking from a different perspective, it's just the realm that guy is living in. I have set targets (high ones) and have partially become desensitised by the numbers; I think it happens when you are used to a certain outcome. I am slightly worried that I have been churning out the results over the last couple of months, that any kind of slip up in momentum would really affect my confidence. That's where some of you have come in and jerked me back into reality and put things into perspective. I have a life coach, a mentor to me. I've learnt so many things from him and if there was one thing that has come from earning all this money, it is the ability to afford my life coach to completely better myself as a person, to have a purpose and know my journey is a good one! I've become so aware of myself and I love it. I strongly recommend a life coach worthwhile, someone who you feel you connect with, someone who you deeply truly want to be like. If I all of a sudden don't earn any money doing this, I'd much rather save the money I have made for the coach than go on a holiday for example! I feel truly guided to where I want to go; having a purpose in life is the most important thing I've learnt from him. I don't know how long I will stay trading on Betfair exchanges, until it feels right to move on I guess. It's hard for me to say I have a real passion for it, more something I feel I am naturally good at, and because I don't feel like I have a passion for it, I don't think I'm possibly getting the most out of my life! I don't know what 'job' I could do that resonates with my passion, but I sense I will find out soon! Peter Webb is definitely someone who has real passion for trading, if you've ever met him, you'll know you get a sense of that as soon as he speaks about it, and the best person you could possibly learn from is the guy with the most passion for whatever it is you want to learn.
So anyway, back to trading. I had a tough and stressful week last week, with a fever and frustrating problems with my computer, my confidence dropped quite significantly, and it showed in my trading. I was aware my confidence had dropped, but because I wasn't feeling very well, it felt almost impossible to drag myself out of it! I feel better now and I'm back to picking up my confidence, I have my computer back up and running smoothly and I aim to crack on with my trading and learn a few new things. I'm sure most of you know that for a couple days last week there was someone backing horse's with large sums of money on favourite's unpredictably. If you were 'screwed' over by them, don't be angry. I think those events just don't happen frequently enough for someone to be expecting them and to therefore learn to trade around it. Hopefully he lost all his money and doesn't come back! If your not sure what I'm talking about, basically there was someone repeatedly backing favourites with between 20 and 30 grand, I think over two days, which just through people off their mark and caused confusion and uncertainty in the markets. It definitely didn't help me! If it happened all the time I wouldn't mind, because you can learn to adapt to changing markets.
Trading on Betfair, is I think, the biggest mooching career there is. You take and (edited:) don't give much back compared to most other careers paying taxes! Not even direct taxes to contribute to society. I have to say, at the moment I don't feel terrible about this, when I should, which is bad, but I have been socially conditioned this way. Trading definitely does give me great feelings though, making a great intuitive trade feels awesome, I think this aspect of feeling great partly keeps me so motivated to stay dedicated every day to it.
I will make sure I reply to comments and emails over the next couple of days now that I'm feeling better. I was poorly for about a week. One of the reasons was because I worked even though I was unwell; I always feel I have nothing else I could do productively, so I might as well just trade. Thankfully it wasn't swine flu!..., and next time I'm feeling poorly I will make sure I just rest. Looking back it would have been the best thing to do.