It’s easy to find the energy for a particular project when its concept is still new and exciting, just like it’s much easier to jump out of bed for a morning run when you are just starting a new workout routine.
However, things change after you have been at that project or workout routine for a while. Suddenly the excitement that was there when you started dies down and you are just left with another entry on your to-do list that feels like work.
I’m fortunate to say that I worked through these emotions with respect to trading, but now I am finding that the same feelings are popping up with respect to the Baseball Fund and my Amazon selling.
The Baseball Fund has taken big losses for two days in a row and is back in negative territory for the year. A string of bad days like this tends to get me thinking about the fact that even if the fund is epically successful, there isn’t a lot I will be able to do with it.
I know for a fact that my wife isn’t going to be interested in moving to Vegas for baseball season every year and I wouldn’t trust the idea of placing the bets anywhere else.
On the Amazon side, sales have been slow this week. I also recieved an email last night that I didn’t properly bubble-wrap a pyrex dish (even though I did). Then, I got a notice that someone requested another refund (no clue why) for a doll I sold.
While I have made a ton of sales on Amazon, I’m still dumping more money into inventory than seems to be coming back out, so I am starting to question whether or not I will ever hit the point where I am actually cashflow positive.
So what does all this have to do with trading? Everything.
Pretty much everything we do in life tends to start off with a bang of excitement, but well after that excitement dies down is when the actual progress is made.
Any accomplishment worth chasing, whether we are talking trading, gambling, or retail arbitrage, is going to test you before you reach your goals.
Just like when you “hit the wall” on mile 18 of a 26 mile marathon, your mind will start trying to convince you that whatever you are doing isn’t really worth the effort. You have to push through that wall.
Despite my frustrations with lack of training and poor weather conditions, I pushed through and completed both of the marathons I ran in 2010.
Despite my frustrations with trading in general a few years ago, I pushed through and developed the QG Fund.
Despite my frustrations, I am going to finish the season with the baseball fund and then take plenty of time in the offseason to evaluate whether or not continued effort is worth it.
Despite my frustrations, I am going to keep looking for great deals that I can sell on Amazon for profits. I am going to keep trying to grow this into a legitimate business.
Don’t let your frustrations hold you back from what could be your greatest accomplishment, whatever that may be.