{"id":39153,"date":"2014-10-19T13:25:49","date_gmt":"2014-10-19T17:25:49","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=39153"},"modified":"2023-04-10T16:44:08","modified_gmt":"2023-04-10T20:44:08","slug":"i-hate-my-job","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/i-hate-my-job","title":{"rendered":"I Hate My Job!"},"content":{"rendered":"<p>Hi Mike,<\/p>\n<p>My name is Assaf and I would like to get your advice if it is possible.<\/p>\n<p>I\u2019m 42 years old married with three kids, living in Israel and working as a software engineer. Currently I\u2019m managing a group of engineers and making around $120K a year (in Israel this pretty good salary). I can see my career develops with HPSW, and I probably on my way to make 140-150 K in the next 3-5 years.<\/p>\n<p>BUT\u2026<\/p>\n<p>My real passion is for the Markets (US markets). I came across William O\u2019Neil\u2019s book (how to make money in stocks) a few years ago and started to follow his methodology. I bought breakouts and tried to hold as much as I could\u2026.<\/p>\n<p>Anyway, jumping to the present, my whole day is around the market. I wake up at\u00a05:30 AM\u00a0to read IBD and go over the charts for the trading day (starting at\u00a04:30 PM\u00a0my time), I started to eat better food and jog, thinking better physical fit will help with the markets. When I run, I hear audio books about the market, when I fly I read books only about the market.<\/p>\n<p>A few months ago I read the book Trading in the Zone and started to try and work on myself and improve my trading. I\u2019ve noticed that my trading became more short term \u2013 Swing for a day or two. I even tried a few day trades during volatile sessions (when the market can hide my mistakes\u2026.).<\/p>\n<p>Two weeks ago during my evening run I started to hear your audio book \u201cOne good trade\u201d. First let me say that this book is excellent and \u00a0very inspiring.<\/p>\n<p>The book got my thinking about my life:<\/p>\n<p>I thought that most of the day I\u2019m thinking about the market and waiting for trading, I thought about that I don\u2019t have anyone to share a conversion about stocks in my work place, I thought that if I would won the Lottery I would change everything in my life except my family and my trading account\u2026\u2026<\/p>\n<p>But the most powerful insight came from a question someone asked me \u2013 \u201cwhat would happen if you would never make it big in the market? When will you throw the towel and quit?\u201d my answer was \u2013 I would never quit !!! even if I would have to trade a $2000 account I would put exactly the same time into it. I simply enjoy the process !!!<\/p>\n<p>I thought that if I had no family, I would rather make minimum wage and trading the market than making $120K as a software engineer.<\/p>\n<p>The next logical step was \u2013 I need to become a trader !!<\/p>\n<p>First I went to my wife, and surprisingly she is 1000% supportive (she saw my passion and was ready for this for the last few years\u2026) !!! She is willing to do whatever it takes !!<\/p>\n<p>Second I came to realize (with the help of your book) that I need to get the basics of day trading.<\/p>\n<p>Now, here is my question:<\/p>\n<p>I know that I\u2019m not the typical candidate for a trader, what is your experience with people like me (my age, foreign etc.) if you have one?<\/p>\n<p>I know that I\u2019m willing to do whatever it takes in order to become a trader !!! I\u2019m willing to quit my job, go to NY for few months for training, not making Money for few months, putting in endless hours of studying the markets etc.<\/p>\n<p>Since I\u2019m betting my life here (and the life of my family), could you suggest a training for me? I\u2019m looking for extensive training a lot more than the remote training you have on your website.<\/p>\n<p>Any word of advice would be highly appreciated.<\/p>\n<p><strong>@MikeBellafiore<\/strong><\/p>\n<p>Only 13% are actively engaged in their jobs worldwide says this <a href=\"http:\/\/www.gallup.com\/poll\/165269\/worldwide-employees-engaged-work.aspx\">Gallup Poll<\/a>.<\/p>\n<p>You, my friend, are apparently not alone.<\/p>\n<p>I cannot say I feel the same. \u00a0Trading is hard. \u00a0Trading is humbling. \u00a0Trading can be psychologically exhausting. \u00a0But it is always *very* interesting. \u00a0Each day is new. \u00a0There is always something to learn. \u00a0Improve on. \u00a0Trading challenges you to be your very best you.<\/p>\n<p>You in the end should be responsible for your next decision. \u00a0You have the most information. \u00a0It&#8217;s your life journey. \u00a0But I would advise you to <a href=\"http:\/\/www.smbtraining.com\/blog\/slow-down-the-challenge-of-newness-to-trading\">SLOW DOWN<\/a>!<\/p>\n<p>Why the all or nothing approach?<\/p>\n<p>Why not get trained, while staying in your job, trade on a simulator, and learn:<\/p>\n<p>1) Do you truly love trading?<\/p>\n<p>2) Do you have trading ability?<\/p>\n<p>3) Can you find a trading edge?<\/p>\n<p>4) How long will it take you to support your family?<\/p>\n<p>5) What product, time frame and strategy is best for you?<\/p>\n<p>Why not take a course like <a href=\"https:\/\/broadcast.smbtraining.com\/smbwebinar1\/?utm_source=Blog&amp;utm_content=I-Hate-My-Job\">SMB DNA<\/a>? \u00a0This is an online training class where you can work, learn, simulate trade and gain answers to the questions above.<\/p>\n<p>Or if stocks trading is not the product best for you, then Options Trading 101. \u00a0Seth Freudberg, Director of SMB Options, <a href=\"http:\/\/www.smbtraining.com\/blog\/a-successful-trader-who-made-a-late-career-change\">transitioned from a former CEO<\/a> of a publicly traded insurance company to successful trader. \u00a0He is a role model that you can do it!<\/p>\n<p>Or for those who only wish to make the smallest of commitments, our <a href=\"https:\/\/www.smbtraining.com\/blog\/ten-day-training-program\">SMBU Ten Day Training Program.<\/a><\/p>\n<p>As a dad I would not want my family to struggle financially while I was learning a new field as challenging as trading. Family is more important than trading&#8230;.well anything.<\/p>\n<p>These are suggestions on how you might begin your trading journey smartly while also protecting your family&#8217;s interests.<\/p>\n<p>Thank you for sharing your story with the trading community.<\/p>\n<p><strong>Related Posts:<\/strong><\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/a-successful-trader-who-made-a-late-career-change\">A Successful Trader Who Made a Late Career Change<\/a><\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/slow-down-the-challenge-of-newness-to-trading\">Slow Down! The Challenge of Newness to Trading<\/a><\/p>\n<p style=\"text-align: center;\">\u201cYou can be better tomorrow than you are today!\u201d<\/p>\n<p>Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, and options. Bella is the author of<em> One Good Trade<\/em> and <em>The PlayBook<\/em>. He welcomes your trading questions at mbellafiore@smbcap.com.<\/p>\n<p>no relevant positions<br \/>\n<a href=\"https:\/\/tradingworkshop.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-42831\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2023\/03\/smbwebinarsignup.jpg\" alt=\"tradingworkshop\" width=\"600\" height=\"300\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi Mike, My name is Assaf and I would like to get your advice if it is possible. I\u2019m 42 years old married with three kids, living in Israel and working as a software engineer. Currently I\u2019m managing a group of engineers and making around $120K a year (in Israel this pretty good salary). I can see my career develops &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/i-hate-my-job\" class=\"more-link\">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],"tags":[],"class_list":["post-39153","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>I Hate My Job! | 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\/i-hate-my-job\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I Hate My Job! | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Hi Mike, My name is Assaf and I would like to get your advice if it is possible. I\u2019m 42 years old married with three kids, living in Israel and working as a software engineer. Currently I\u2019m managing a group of engineers and making around $120K a year (in Israel this pretty good salary). I can see my career develops ... 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