Welcome to the Traders Laboratory Forums.
General Discussion Need to take a break? Talk politics, business, entertainment, etc... Anything goes!

View Poll Results: At what age do you plan to retire?
20s 0 0%
30s 1 12.50%
40s 2 25.00%
50s 0 0%
60s 1 12.50%
70+ 1 12.50%
Not sure 0 0%
Never 3 37.50%
Voters: 8. This poll is closed

Reply
Old 10-05-2006, 09:32 PM   #1

Join Date: Sep 2006
Posts: 53
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

At what age do you plan to retire?

Before we get to the age question, we need to ask ourselves, "Do traders ever retire?"

I am not sure they ever do, but when I began trading I had the target of retiring when I was 40.

I am currently 34 and have a little way to go yet before I can consider retirement. I may miss my target, but I'll enjoy it!!

At what age do you plan to retire?
Follow The Trend is offline  
Reply With Quote
Old 10-05-2006, 09:36 PM   #2

Join Date: Sep 2006
Posts: 34
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: At what age do you plan to retire?

I have to say that as much as I would like to retire fairly young, I can never see the situation when I will stop trading - its in the blood.

How would I replace the buzz of trading? What would I do all day?

I like making money, and I like to make lots of it. There may come a day when I reach "burn out" and have no choice but to retire, but hopefully that day is a long long way off.
Trade Up is offline  
Reply With Quote
Old 10-06-2006, 10:26 AM   #3

Join Date: Oct 2006
Location: san juan
Posts: 160
Ignore this user

Thanks: 0
Thanked 8 Times in 5 Posts

Re: At what age do you plan to retire?

I voted never

as long as I can watch the screen and I can make descicions rationally I will play the markets

I have slowed down a little . I don't trade everyday like I used to . As I get older maybe I'll slow down more, I don't know.

I will like to add something to the thread with all respect. Family matters

Trading is stressful and demand ton of time and concentration. Well you all know that. In my particular case, I have a 10 years old daugther. When she was getting around 7/8 years old, she slowly and carefully, in a sophisticated way, was pulling me out of the screen. She's now hitting me with "Daddy why don't you retire?" (I've been in this business since very young) Well, you know how kids are. The thing is that , if you have kids and they're growing, they will try to get your attention and the screen seems like an enemy to them.

Creating a balance is the key, but family, especially kids put a lot of weigth in your shoulders when it comes down to trading.

Other than money, trading creates a challenge and excitement. Also makes you a better disciplined and well-balanced person, well at least for me. I don't see my life when I get older, throwing chips on a poker table or spending the whole day at the mall. Trading when you get older will make you feel that you're still productive.





I apologize if I hijacked the thread

Reagrds

Raul

Last edited by feb2865; 10-06-2006 at 10:35 AM.
feb2865 is offline  
Reply With Quote
Old 10-07-2006, 05:50 AM   #4

Soultrader's Avatar

Status: Super Moderator
Join Date: Aug 2006
Location: Tokyo
Posts: 3,623
Ignore this user

Thanks: 545
Thanked 1,371 Times in 492 Posts
Blog Entries: 4

Re: At what age do you plan to retire?

Great post Raul. Traders should not limit their life to just trading. Having a social balance is also important. I am still young and do not have the responsibilities of raising a family. Eventually I will, in which I plan to devote a good amount of time to my wife and children.

I think with age I may find it harder for me to be trading as much as I am right now. I plan on having multiple things on the side and I may limit my trading to only the morning session. The feeling of accomplishment and being productive is more important to me than money. So I don't think my ambition will ever die.
__________________

Soultrader is offline  
Reply With Quote
Old 10-07-2006, 07:38 PM   #5

Join Date: Oct 2006
Posts: 1
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: At what age do you plan to retire?

Probably 60's. But I'll never really retire. I'll always be working if you know what I mean.
swordude is offline  
Reply With Quote
Old 10-08-2006, 12:33 PM   #6

Join Date: Oct 2006
Posts: 4
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: At what age do you plan to retire?

I voted 30's but honestly I dont see myself every not working. I have a working gene in my blood, I honestly can never sit still or not do something. When I go placed Im always trying to figure out how they make their profit what the profit/Cost ratio is and if they are a profitable company.
bdwarr6 is offline  
Reply With Quote
Old 10-09-2006, 12:56 PM   #7

Join Date: Oct 2006
Posts: 15
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: At what age do you plan to retire?

I voted for 40's. Realistically if one wants to perform at the highest level then by mid 40's he should retire. The pressure of trading in addition to the decision making ability will go downwards after that age.
artp01 is offline  
Reply With Quote
Old 10-12-2006, 07:03 AM   #8

Join Date: Oct 2006
Posts: 5
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: At what age do you plan to retire?

I voted for 40's. I am just 20 year old now and i have capability to work till last 40's. I think this is better age for online trading and working in tarding markets.
Rohitpatel is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Plan: A Roadmap To Trading The Markets Soultrader Trading Articles 3 11-27-2010 06:34 AM
Trading With A Plan: Devising a daily trading plan Soultrader Beginners Forum 14 10-20-2009 04:26 AM

All times are GMT -4. The time now is 02:00 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.