{"id":29631,"date":"2013-08-04T09:36:00","date_gmt":"2013-08-04T13:36:00","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=29631"},"modified":"2023-08-01T19:20:25","modified_gmt":"2023-08-01T23:20:25","slug":"new-fatherhood-and-trading","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/new-fatherhood-and-trading","title":{"rendered":"New Fatherhood and Trading"},"content":{"rendered":"

They say that fatherhood changes everything and I can confirm that it does. \u00a0At 42 my life changed completely when Luke entered the world. \u00a0How you ask?<\/p>\n

My downtime is gone. After work I used to enjoy some downtime with Hardball<\/em>, PTI<\/em> and the Yankees. \u00a0Now as soon as I walk in the door, I get the immediate hand-off from my wife, like she’s a young Troy Aikman. \u00a0Change his diaper, play with him and then feed him please<\/em>. From trading to waiting on Luke like a busboy encapsulates my entire day.<\/p>\n

Expect blow out earnings for buybuyBaby (bought by $BBBY) I say sarcastically. \u00a0I have done everything in my purchasing power to lift their earnings. \u00a0We own every baby sleeping contraption, game and educational invention for those under 6 months they sell. \u00a0 I am a baby entrepreneur’s favorite person. \u00a0I recently went to return one sleeping devise and came back with the Ferrari of them- the mamaRoo<\/a>. \u00a0From store credit to a bigger credit card bill in a few hours. \u00a0Now my wife forbids me to visit the store without her spending screening presence.<\/p>\n

I am getting stupid. \u00a0Night-time reading is a thing of the past. \u00a0I have nothing to say on anything written in the WSJ, NY Times, Atlantic, Politico, Time, Newsweek, Businessweek, or my favorite blogs because I haven’t read anything since he was born. \u00a0Do not engage me in conversation right now as I fully admit I have nothing interesting to add to any conversation about anyting.<\/p>\n

My back hurts again. \u00a0Two years ago I ruptured three discs in my back and have spent considerable time rehabbing. \u00a0I strengthened my core, lost some weight, and watched my back carefully. \u00a0Now I pick my son up from a stranding position, bend over and exercise his legs to relieve his gas, hoist him in the air (his favorite game with “daddy”) without concern for my back. \u00a0This has caused me to throw it out three times manifesting after-days with a forced walking gait resembling a very strange person.<\/p>\n

I find myself randomly going up to new parents and chatting. \u00a0Young children and their parents have become the most interesting people in the world to me. \u00a0If I see a new toy or game from one of these other parents, I scold myself for missing that at buybuyBaby and plan a secret father mission there without alerting the wife. \u00a0In Singapore, a Danish mom and I talked for 3o minutes on the best gas remedies for our children.<\/p>\n

Running and lifting have been replaced by nanny exercise activities. \u00a0I have taken up walking. \u00a0Well walking to push Luke around so he stops crying. \u00a0My new 1.5 mile trek around Riverside Park has nothing to do with exercise and everything to do with giving my wife a break and getting him to calm down.<\/p>\n

When it comes to business, I am not as willing to do anything small or one-offish. \u00a0Business has to deliver solid margins, a considerable ROI and recurring revenue. \u00a0As a serial lecturer, accepting most engagements, now I can be found in back offices doing new fatherhood math: \u00a0The visit reward must be > (Lost trading revenue) + (Lost revenue from the desk with my absence) + (Time away from my kid).<\/p>\n

<\/div>\n

When it comes to trading I have no interest in shorter term intraday trading. \u00a0It does not fit with my new life. \u00a0I do not have time to scalp. \u00a0I can only position trade. \u00a0I am mostly interested in only that which I can trade with size and for a real trend move. \u00a0Also while trading I cannot help but think, how am I going to afford to send my son to Riverdale, the nanny, that closer NYC parking spot, our newest and much larger apartment mortgage, my wife potentially wanting to work less, music and language tutors, etc.<\/p>\n

My trading psychology has warped from more easily on tilt to super-chill. I have journeyed from much more irritable as a trader when he first arrived (new fatherhood non-sleep) to ultra-calm, as who really cares about a $900 loss in $WTW when it intraday reverses?<\/p>\n

I am much more corporate. \u00a0I was so called during a meeting this Friday. \u00a0After you have a child you think about your words and actions representing your little one. \u00a0That trading floor frat humor, the cussing, the openness about things private genuflect to corporate sponsor of your first born child.<\/p>\n

Most importantly, with all of this newness, in the end there is one thing during the day above all else that truly matters- seeing my son smile. \u00a0Everything else is just the stuff that comes before the most amazing joy imaginable- his big beautiful life-changing smile.<\/p>\n

Now back to changing diapers.<\/p>\n

You can be better tomorrow than you are today!<\/p>\n

Mike Bellafiore<\/p>\n

One Good Trade<\/em><\/a><\/p>\n

The PlayBook<\/em><\/a><\/p>\n

\"\"<\/a><\/p>\n

No relevant positions<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

They say that fatherhood changes everything and I can confirm that it does. \u00a0At 42 my life changed completely when Luke entered the world. \u00a0How you ask? My downtime is gone. After work I used to enjoy some downtime with Hardball, PTI and the Yankees. \u00a0Now as soon as I walk in the door, I get the immediate hand-off from … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[3270,38],"class_list":["post-29631","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","category-mike-bellafiore-bellas-blogs","tag-fatherhood","tag-trading","no-post-thumbnail"],"yoast_head":"\nNew Fatherhood and Trading | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/new-fatherhood-and-trading\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Fatherhood and Trading | SMB Training\" \/>\n<meta property=\"og:description\" content=\"They say that fatherhood changes everything and I can confirm that it does. \u00a0At 42 my life changed completely when Luke entered the world. \u00a0How you ask? 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