{"id":40484,"date":"2015-04-08T16:00:29","date_gmt":"2015-04-08T20:00:29","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=40484"},"modified":"2021-05-06T16:43:15","modified_gmt":"2021-05-06T20:43:15","slug":"17-reasons-why-traders-love-to-trade","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/17-reasons-why-traders-love-to-trade","title":{"rendered":"17 Reasons Why Traders Love to Trade"},"content":{"rendered":"<p><span style=\"line-height: 1.5;\">I recently visited the University of Central Florida to discuss what makes a successful trader. After my lecture, a crowd of students stayed behind, gathered and peppered me with questions. A philosophical non-traditional student, who had traded and then just quit one day wondering what the point to trading was asked, \u201cWhy do you enjoy trading?\u201d I was a bit surprised by the question as here I was giving a lecture about trading to college students, who were after all a part of a college trading club\u2026..didn\u2019t they all love trading? And so I gave an answer.<\/span><\/p>\n<p>Driving back to our family condo in Clearwater Beach from Orlando, while on vacation and being introduced to Florida night-time construction and its brain-teasing toll systems, I couldn\u2019t help but think- I could have given that young man a better answer.<\/p>\n<p>So after some research and some thought on my own 18 years of trading here is that better answer of why traders love to trade:<\/p>\n<p>1. Money\u2026.there I said it. (<a href=\"http:\/\/www.nytimes.com\/2014\/01\/19\/opinion\/sunday\/for-the-love-of-money.html?_r=0\" data-rapid_p=\"21\">NY Times<\/a>)<\/p>\n<p>2. The ability to leverage money into more money more so than other investments. (<a href=\"http:\/\/ogdev.optionsrules.com\/options\/blog\/829-why-do-i-love-option-trading-so-much\" data-rapid_p=\"22\">OptionsRules<\/a>)<\/p>\n<p>3. It\u2019s addicting. (<a href=\"http:\/\/www.investmentnews.com\/article\/19990621\/SUB\/906210717\/addicted-to-love-of-day-trading-its-compulsive-say-gambling\" data-rapid_p=\"23\">Investment News<\/a>)<\/p>\n<p>4. The drama of whether your trade will work or not in a $TSLA, $NFLX, $SPY, $AAPL, $FB or $TWTR. (<a href=\"http:\/\/www.fool.com\/investing\/general\/2014\/11\/19\/why-i-love-investing.aspx\" data-rapid_p=\"24\">Motley Fool)<\/a><\/p>\n<p>5. Receiving instant feedback about your trade decision. (<a href=\"http:\/\/budgeting.thenest.com\/trade-stocks-4222.html\" data-rapid_p=\"25\">The Nest<\/a>)<\/p>\n<p>6. The ability to learn more. (<a href=\"http:\/\/www.swing-trade-stocks.com\/about-me.html\" data-rapid_p=\"26\">Swing Trade Stocks<\/a>)<\/p>\n<p>7. Freedom. (<a href=\"http:\/\/lessons.tradingacademy.com\/article\/5-reasons-traders-love-their-jobs\/\" data-rapid_p=\"27\">The Trading Academy<\/a>)<\/p>\n<p>8. Trading is a meritocracy.\u00a0 I remember using this reason during my interview for a trading position.\u00a0 (<a href=\"http:\/\/blog.vestatrader.com\/traders-blog-shows-traders-love-job\/\" data-rapid_p=\"28\">Vestatrader<\/a>)<\/p>\n<p>9. Unlimited upside. (<a href=\"http:\/\/news.efinancialcareers.com\/us-en\/186129\/morning-coffee-bill-gross-saved-banks-trading-jobs-bonuses-young-bankers-explain-love-jobs\/\" data-rapid_p=\"29\">Bill Gross<\/a>)<\/p>\n<p>10. Everyday is new! (<a href=\"https:\/\/books.google.com\/books?id=zE9OkaTlAy8C&amp;pg=PA48&amp;lpg=PA48&amp;dq=why+traders+love+their+jobs&amp;source=bl&amp;ots=jl2DwH-6r1&amp;sig=1rwh85-JqI0dAjB8KbSnZIf2phI&amp;hl=en&amp;sa=X&amp;ei=0VsZVc7xHraTsQTq04L4Cw&amp;ved=0CE0Q6AEwBw#v=onepage&amp;q=why%20traders%20love%20their%20jobs&amp;f=false\" data-rapid_p=\"30\">Stress Free Trader<\/a>)<\/p>\n<p>11. You can trade from anywhere. (<a href=\"http:\/\/money.cnn.com\/2015\/03\/12\/investing\/robinhood-app-free-trading-millennials\/\" data-rapid_p=\"31\">Robinhood<\/a>)<\/p>\n<p>12. You are your own boss. (<a href=\"http:\/\/www.cbsnews.com\/news\/the-seduction-of-day-trading\/\" data-rapid_p=\"32\">CBS News<\/a>)<\/p>\n<p>13. It\u2019s my passion.\u00a0 Here is a quiz to help you determine if it is your passion. (<a href=\"http:\/\/www.smbtraining.com\/blog\/is-trading-your-passion-a-quiz\" data-rapid_p=\"33\">SMBU Blog<\/a>)<\/p>\n<p>14. Chicks dig traders.\u00a0 (more of an anecdotal citation here)<\/p>\n<p>15. Satisfaction of being right. (<a href=\"http:\/\/dashofinsight.com\/the-importance-of-being-right\/\" data-rapid_p=\"34\">Dash of Insight<\/a>)<\/p>\n<p>16. To learn how to become an elite performer. (<a href=\"http:\/\/traderfeed.blogspot.com\/2010\/01\/satisfaction-with-trading-why-its.html\" data-rapid_p=\"35\">Dr. Steenbarger<\/a>)<\/p>\n<p>17. \u201cYou can be better tomorrow than you are today.\u201d (<a href=\"http:\/\/www.amazon.com\/The-PlayBook-Inside-Professional-Trader\/dp\/0132937646\/ref=pd_sim_b_1\/183-5355508-7068639?ie=UTF8&amp;refRID=062JVZEZXFNQ62DADHYF\" data-rapid_p=\"36\"><i>The PlayBook<\/i><\/a>)<\/p>\n<p>Now that would have been a much better answer.<\/p>\n<p>*no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I recently visited the University of Central Florida to discuss what makes a successful trader. After my lecture, a crowd of students stayed behind, gathered and peppered me with questions. A philosophical non-traditional student, who had traded and then just quit one day wondering what the point to trading was asked, \u201cWhy do you enjoy trading?\u201d I was a bit &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/17-reasons-why-traders-love-to-trade\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[669,3779,3048,55,276],"class_list":["post-40484","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","tag-669","tag-love","tag-reasons","tag-trade","tag-traders","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>17 Reasons Why Traders Love to Trade | 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\/17-reasons-why-traders-love-to-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"17 Reasons Why Traders Love to Trade | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I recently visited the University of Central Florida to discuss what makes a successful trader. After my lecture, a crowd of students stayed behind, gathered and peppered me with questions. A philosophical non-traditional student, who had traded and then just quit one day wondering what the point to trading was asked, \u201cWhy do you enjoy trading?\u201d I was a bit ... 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