Money: the most charged word in the planet. It means something to everyone. For some, money means a blessing, for others it means a disaster.
We all have heard stories of people who have lost their fortunes or their life savings trading in the stock market; but, we don't hear much of people who are currently trading and how their lives are turning upside down.
For some, the process of trading is like the development of an addiction, it starts with expectations, with hopes of a relief, with desire to control money or acquire more of it. Soon, it starts turning into an obsession. Then, it controls the thoughts, emotions and feelings. Next, there is no longer consciousness about the external life, everything around turns into a distraction from the focus of trading, and those distractions must be eliminated.
This is where relationships end, where jobs are terminated, and the mind is totally controlled by the obsession of trading. Whether money is made or not, is not the issue. The issue is how, at what cost is made? Is the cost a family, a spouse, a significant relationship, sanity, peace of mind, health?? Maybe the cost is not worthy.
When you buy a stock or an option, you are leaving a part of you attached to it, whether you want to accept it or not; it is always in the back of your mind. Your heart, your mind, and even your body will tell you what to do. If there is pain, fear, anxiety, destruction, conflict around you, then maybe you need to stop and look again.
Wall Street is always there, but your sanity, family and self-esteem may not be. Choose, because you always have a choice. Nobody can make the choice for you; nobody had made the choice for you. Money can absorb human souls, money can destroy human lives. Money is definitely a sword of two edges. It can bring joy or destruction. Your choice. Every time.
© Copyright 2005 by Jeanette Castelli
Adapted from the book, Wall Street Poems: Rising Beyond The Illusions, by Jeanette Castelli. For more information visit website, http://WallStreetPoems.urbantex.com/
Jeanette Castelli is an author, speaker and coach. Her education includes an MBA and a Master of Psychology. She is an expert in recovery and healing processes, including divorce, past events and wall street losses. Contact her JCastelli@urbantex.com
![]() |
|
![]() |
|
![]() |
|
![]() |
Is really not as important as to how you invest... Read More
Sometime in the third quarter of 1997, someone told me... Read More
Just about now everyone is confused as to which way... Read More
I read a comment by a forum member on another... Read More
Its dinnertime and the phone rings. It's Joe Noname with... Read More
When most analysts, financial planners, fund specialists and investors try... Read More
The Winter Games for the Olympics are coming up soon... Read More
Peter is a professional trader, Paul is not. Peter has... Read More
Since I can remember, and that's a long time ago,... Read More
The broker told me not to sell because the mutual... Read More
Options trading can increase the profits you make when trading... Read More
The bulls and bears of the stock market are both... Read More
I continually hear from economists, talking heads, other market letter... Read More
You probably know the story of Sherlock Holmes and the... Read More
Ever notice how behavior in one area of life can... Read More
In a previously written article, we expanded the use of... Read More
There are formulas for just about everything, but it has... Read More
Every day I hear from the "experts" on CNBC-TV and... Read More
Every year I go to the Money Show in Orlando,... Read More
We learnt the following the hard way! If any of... Read More
It is finally catching up with them. The brokerage companies... Read More
If you want one.And I don't recommend any broker with... Read More
Did you run out to buy that duct tape yet?... Read More
What the heck am I talking about?It is often said... Read More
The stock market has been in an up trend for... Read More
Question: How does it get better when it gets worse?Last... Read More
∙ Make every investment in the stock market a long-term... Read More
One of the most believed bits of conventional wisdom from... Read More
The date October 13, 2000 will forever be embedded in... Read More
All stock trading and investing methods must deal with the... Read More
Last time we looked at the real performance of the... Read More
It has often been said that there is only two... Read More
What! Me worry?Many of you remember the cover of MAD... Read More
After the publication of the first part of this two... Read More
A common problem I often see when working with living... Read More
One of the main reasons many of us get into... Read More
Well, not really. What I mean is I don't mind... Read More
We've all heard of the stock market and probably have... Read More
You must take the time once a month to review... Read More
I go to the Money Show every year to visit... Read More
To become a successful trader you must have some kind... Read More
You have a lock on your house. You have a... Read More
If you don't know what a Roth IRA is then... Read More
Stocks breakout from properly formed bases everyday but many investors... Read More
Cat or dog? Maybe Zebra. Shucks, I don't know, but... Read More
What! Me worry?Many of you remember the cover of MAD... Read More
The Surgeon General of the United States says that smoking... Read More
During our travel down life's path we come to many... Read More
Being wrong is OK, but let's not carry it to... Read More
When the stock market is going up and all your... Read More
What a great statement!I just heard someone use it in... Read More
If you haven't heard of the technical indicator with the... Read More
Every day in any financial publication you will find the... Read More
I often play a little game with myself when I... Read More
If you have talked to a stock broker or financial... Read More
One of the great "secrets" of successful people is discipline... Read More
For years I have been saying you must have a... Read More
Let's hope you did not have any of the Enron... Read More
A Guide to Using Stop Loss Orders Stop losses are... Read More
For years investors have been taught to look into the... Read More
What is leverage?Here is a definition of leverage from an... Read More
The stock market has been in an up trend for... Read More
Stock trading can be a very profitable activity. You can... Read More
In 1960 an engineer working for a watch company in... Read More
Buy high and sell low -- It's not a typo.Millions... Read More
That sounds like good advice doesn't it? Don't lose all... Read More
Stocks & Mutual Fund |