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To: Leland Charon who wrote (42246)5/5/1998 1:11:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
I did not enjoy it as the years went on, Leland.

Very stressful for me. I guess I did it about 3 years. I was 42 when I stopped I think. I had (still have) a house, a family which included 3 children in Elementary school and younger; the peaks and valleys were enough to drive me crazy.

It's funny this entire thread of conversation has drifted towards intuition. I traded primarily for a firm in NY and the manager always thought I was an excellent intuitive trader. I usually did well but had poor discipline. When a trade would blow up it would blow up big. I was fortunate because I know a lot of people in the industry and could pick up information here and there that would save my butt but I was much to old to handle the stress.

From there I went into OEX and from there to S&Ps. I understand from the older guys I will probably be trading bonds once the spoos get to me; but for now I am much happier than I was in the later years trading Nasdaq.

Everyone is different, of course. But whatever age it is, sooner or later the main problem for traders is the nerves. Nasdaq requires a strong nervous system, in my opinion.