Increasingly, clients have described their turn to trading in volatile and uncertain markets, as their corporate incomes have vanished and their assessments of possible return to their former workforce positions have darkened. Day trading.
Paradoxically, they have embraced uncertainty as their former sense of loyalty to firm and task has been disappointed. Their “security”, they say, is their portfolio of trading assets: and they have proven, even in perilous markets, their executive capabilities in assessing the corporate world to locate niches upon which their willingness to lay their own money down in exchange for future gain, may be centered.
They tell me that the reality they embrace differs from the realities they have left along one dimension: their fate is entirely in their own hands. Each day. Every day.
The worst has occurred: they have been extruded. But they have recognized their anguish, uncertainties, and the necessities of negotiating the dread of redundancy as their strength. And embraced that strength as their first principle in day trading.
Their chief difficulty as a group? It becomes imperative to “clear the mind” by getting up from one’s computer regularly and doing something enjoyable, reliable, and satisfying: whether yoga, basketball, or reading group—- to restore the frequently jarred sense of equanimity and judgment which comes with living daily between your own mind and the changing numbers on a computer screen.
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