Trading started out as a hobby and, even though I am taking past the hobby level, it is still really a hobby. Yes, I spend a few hours each day doing trading related stuff even if not directly trading. Yes, I am making more money than a hobby ought to... perhaps. Yes, I plan to be able to replace two incomes and only have to trade for a living.
I enjoy it and, therefore still consider it a hobby.
Having said that I often get asked "what's new?", or people are talking about their hobbies and that leads me into my hobby. Because I get to talk about gains, as that is what this is all about, people get curious and ask how to do it. Originally I thought that anyone could but I now know better... at least when it comes to day trading. The momentum and stock stiff anyone could do.
Anyway, I have stopped counting how often I've been asked if would trade $10,000 for them. I cite legal, accounting, possibility of loss or any number of valid reasons why I would not trade their money... as much as would secretly love to have a much larger account to trade.
I would be curious to have a nice $200k account base to see what I could do with it.
Jeff.
Questrade, My direct access discount broker.
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