Depression and Trading (Jim Jeffries)

We all get inspired by different things, and I recently did something that I haven’t done in a long time: go to a comedy club. In the case of the headlining act, everything this guy was saying seemed to revert back to a post I have marinating on my local hard drive here. This article has never been posted for just a pure lack of originality and me feeling as though I’m just reverting back to the same old list of preachy “isms” I’ve been writing about for years.

The comic was Jim Jeffries, who’s niche is to play the offensive card as hard as possible.  Some of you might / might not have heard about him but he got me going unlike anyone I’ve seen in a long time.

For any trader that struggles, I always have one piece of advice: take your risk down to practically nothing, and keep it down until you can trade consistently, months and months at a time.  But no matter how many times I say this, maybe 1 in 500 people will actually do it.

Instead of pressing more keys here and reiterating an infinite loop of things that have already been stated on this site, I’m just going to copy / paste an embed code and let Jim explain the rest.

This video and pretty much everything this guy does is about as offensive and raunchy as you can possibly imagine, so feel free to move forward at your own discretion. “Don’t die today”.

31 days ago by in Commentary , Markets | You can follow any responses to this entry through the RSS feed. You can leave a response, or trackback from your own site.
  • Anonymous

    I love stand-up comedy.  It’s one of the best ways I know of to get re-grounded, and see things in a much clearer way. It’s sobering, so to speak. 

  • Anonymous

    Reducing risk is great advice no matter how many times you hear it. You can never hear good advice too much. Thank you.

  • David

    No risk is no reward, lets be honest >90% of the retail traders want to grow a couple of hundreds bucks into millions. (Trying to Buy a Mansion With Enough Capital for a Bus Ride). Statistically is best to take a much a risk possible, Larry Williams always says that money management is key and when you want to win the jackpot you must increase risk.