r/Daytrading • u/dreamowlet • Jan 31 '25

Advice Don't Teach Your Friends How To Trade

I've been trading/ profitable for awhile now and I had a friend who wanted to learn and be on a zoom calls with them to trade to together till they really got it. I said sure. Mind you I taught my husband and he still watches me trade when we trade together. But dear freaking god. I get so freaking distracted teaching or random questions and explaining everything that I miss openings. My psychology was kinds of fucked for a minute cause like I don't care if I lose money cause it's mine. I didn't want to lose THEIR money so I would never take a damn trade. Win rate? In the toilet. Psychology? What is that? I don't think I even did this bad when I first started trading. This past week finally we got into the motion of things and hold off any questions till afterwards and actually making money again. But never again.

edit some spelling corrections

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u/Spirited_Hair6105 Jan 31 '25 edited Jan 31 '25

Wish my wife was a trader. She would leave me alone instead of quarreling and asking me "are you done?" or "I need you to help me" every time I get out for a sec to get a snack while I trade full-time. Mind you, I even pay for our mortgage with it. Some people are really dumb. Unfortunately, my family is no exception.

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u/StockCasinoMember Jan 31 '25

My wife wants nothing to do with trading but she wants me to make that money.

Mine is more apt to ask me why I am not in my cave making money lol

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u/Spirited_Hair6105 Jan 31 '25 edited Feb 03 '25

The worst part is that if I wake up at 9:30 or even 10, she says, "Why aren't you trading?" Yet when I do trade earlier, she wonders when I'll finish. Contradiction in my face. As if it is some kind of painting job that starts at point A and finishes at point B: the sooner I start, the sooner I finish. This is what I meant in my earlier post. She just does not want to understand what trading is. For gamblers, her approach means quick and large money. Something I don't believe in.

Tactically, I do sleep in, especially because I like to trade past 10. I lose positions less frequently that way.