Trading For Me Is Hard. Really Hard.

I’m learning the hard way that trading to make money in the short term is far from easy.  I feel like I know about 20-33% of what I need to know.  That makes me feel really, really uneasy.  I feel decent analyzing companies for value and investing on a play that needs some time to work itself out, be it 3-6 months or a couple years.

Coming from a technical background, I am usually in the 80% camp of what people talk about.  I have been around enough where even if I don’t know the exact technical concept someone is speaking of, usually there is a lower level abstraction that I have been privy to. I know the lingo, the insider talk, the jargon. Its important.

Days like today are constant reminders of my need to learn as much as possible in a short amount of time. It’s what I need to compete if I want to trade to improve my monetary position.  For me, being in the game is the biggest thing.  I would rather have plays working during a bloodbath to learn aspects of the market I didn’t understand.  Learning these nuggets through experience will make me better much faster than reading any book or following any blog.

So cheers to a GOOD day. The sun will come up, and hopefully the market will follow suit at some point.