This morning I got up early--barely even light out. And I made a killing. I Day Traded the hell out of the markets on the east coast. I won't lie--I lost a little too, but I was a whirling dervish destroying the numbers. I was taking risks like nobodies business. Whereas some of my more conservative or cautious friends only bought in at a few shares--I pumped it to the maximum available. That's why I crushed today.
Oh--and it was all on a simulator. The markets were real but my money wasn't. My risk was really bullshit.
Ouch. It even hurts saying it out loud. But here's the deal: I'm learning. I mean, I know ZERO about day trading, so this is all new. If I were to throw the family savings in now, I'd be a lunatic (which is already somewhat arguable). So, I playing with the tools of risk and risk management, the short and the long sell, while at the same time hedging my bets. Which makes sense. It works in this case. But honestly, that's where the analogy falls short.
In life we rarely can afford to hedge. When we do, whether in love or business or friendships, we usually come up on the wrong side of the line. I've done this so many times, especially in love. And it's gotten me in a hell of a lot of trouble. The deal is I hate being alone. And when I feel alone in a relationship I tend to soothe that discomfort by satiating myself. Historically this has come out as me starting a parallel relationship--I've cheated.
Now here's what's funny about that admission--cheating is so risky. Breaking your agreements in unbelievably perilous. So much is at stake (especially as we get older). But it feels like safety. It feels like self-soothing. My brain had it all backwards.
Over and over this plays out true. I hear it from friends who lament their physique but crave just a few more minutes under the covers, or folks who hate their jobs but stick with this one because they've had it for five years. The thing that devalues their life, which ultimately risks their entire experience, SEEMS far safer. In reality its the opposite. The action that feels risky is actually the one that is far more profitable.
The Male in almost every species takes more risks. Its a biological reality. In this species its paid off. And lately it seems to be taking a toll. We're risking on the wrong things. We're betting on the wrong horse. Instead of putting our money on the places that seem to increase our comfort and make us feel better, we need to double down on our long term goals and highest values. In that department we need to be Monsters.
It's a risk to have an idea, take a step, and see it through. It's a risk to take a position on something, to be UN-dialectical, stake a claim, and take responsibility for that. It's a risk to make an agreement and hold to it.
This is why Tribes are so powerful and so important. They help us Risk big, while holding us accountable to our highest intentions.
It takes courage--it takes absolute commitment to tolerating the distress of looking like a failure, or even BEING a failure. But it pays off big.
Daring greatly on the things that actually matter to us, is like Day Trading with real money. It's scary, but it's also the only way you're going to make actual money.