Addicted to the stock market/online trading????
First, let me point out that there’s a big difference between investing and trading. Traders make their profits by speculating on directional movement of price, whereas investors make money by holding a valuable position for the long term. Neither one is a “wrong” strategy, but being a successful trader is much harder than being a successful investor. I’m a series 55 licensed trader. I can tell you from personal experience that traders are usually a very obsessive breed. While I don’t trade professionally, I do trade in my own portfolio. My actual career is writing software that is used for settlement of futures contracts. I honestly spend a good 10-12 hours a day researching, learning, and listening to the opinions of other people. For me, it’s not about greed and it’s not about making money. It’s about winning. Let’s face it: most successful self made people are more than a little obsessive regardless of how they made their fortune. If he’s trading listed stocks, rest assured that he
