Perhaps you've reached a point of success in your trading when suddenly you lose interest. Why?
“Nothing’s wrong. I’m doing fine.
Really.” Jon responded to my
questions in such a way that his
answers were encouraging —
but if everything was fine, why
was he calling me with such
urgency? On paper, everything
was fine. He had come a long
way from his early days as a
young and wild-eyed trader. He and his family lived in a
beautiful home in the Chicago suburbs, his children were
preparing to go off to college, he had a solid marriage, and he had plenty of money in the bank.
Who could have a problem with that scenario? Jon did.
At 49, Jon had fought the trading wars and won. He had
once risked his entire capital base, including his first house,
his car, and money he had borrowed on a single trade that had,
luckily, gone his way. “I wouldn’t dream of doing anything
that stupid anymore,” he told me, somewhat wistfully.
“Then why are you here?” I asked. “Do you want to reach
the next level of your trading? Have you reached your ceiling
and want to break through it? Are you beginning to break your
rules? Have you suddenly lost energy? Are you suffering
from stress or burnout?” I went through the standard list of
problems, but Jon kept shaking his head.
“I guess I’m just hitting a midlife crisis,” he told me.
“Nothing’s wrong, and that’s the trouble. I have nothing to
worry about. I need to know that there is something else.” Jon
looked as though he had come to the end of his trading career.