Karmacat: I'm passionate about my DFW journey to riches

taka

redsquirrel80 wrote: »

I had a very strange but rather nice day on the day of the eclipse, and one of the most memorable kisses I've ever had

Now that sounds like a far better way of spending the day :kisses2:

Thats definitely and impressive drop in mortgage payments KC! I'm sadly tied into a fixed rate till summer 2012 which is now looking horribly high compared to the tracker I didn't have the courage to take instead. I think I need to work on taking a risk sometime...

I'm finding mindfulness very helpful at the moment - especially in letting go of stuff thats floating around in my head (including dealing with parents attitudes to things ). I've also noticed how much you can miss if you just let life pass you by without paying attention.

redsquirrel80

:rotfl: You lot! Wellll I met up with someone to watch the eclipse.. who was a friend at the time, although we'd had a brief 'fling' when I was at uni a few years previously, and after we'd watched the eclipse we were sitting in the park talking, and suddenly ended up kissing - one of those rare wow-blimey-fireworks-going-off sort of ones.. which was the start of a long chain of events that changed a lot of things in my life! Actually, the person in question, we lost touch for quite a long time but got back in touch recently and they've turned out to be a very good friend. Funny, isn't it, life?!

The influence of parents on how you think about money is an interesting one - not as extreme as your mum Karma, but my parents are very anti spending a lot of money on anything (they don't seem to have any cravings for 'luxury' whereas I sadly do!), and there were a lot of arguments about money when I was young.

Karmacat

Taka - what a shame about the fixed rate. I got caught like that in the last recession - my mortgage was £500 a month in 1991, it was fixed at 15% - I had a full time job at an insurance company, I studied counselling in the evenings and saw a few clients, and I had 3 lodgers. It was a bit of a whirlwind. So I *do* know what you're going through, and you really do have my sympathy.

Unfortunately, even with these low payments, because business is slowly dropping, I'm still not reaching my breakeven point at the mo, so I'm still counting the pennies....

Squirrel - okay, thats quite romantic actually! And morphs into reality in a very nice way, how lovely!

Parents influence on our attitude to money - well, the latest issue of Therapy, which is a magazine I get via my membership of my accrediting organisation, is splashing its headline article The Emotional Cost of Debt. And guess who's quoted in there - Martin!!! Another person is Karen McCall, in California, who works to help people by using a "personal money autobiography" - and thats what got me thinking when my mother was having her rant. She trains therapists, and I'll probably take the initial training as part of my CPD next year.

Right, the market opens in 8 minutes, I'm off, back to check other people's diaries in an hour or so. Have a good day all.
xx

Karmacat

Well, I was a *bad* KC twice - drifted on to other websites when I was supposed to be watching the trading - I should get up and walk around, use my free weights then, something like that, instead of going off to another webiste. I *knew* that, but I did it anyway.

Well, the third opportunity came up on my trading plan, and I went for it - even if its one of the 20%-25% of times that a signal doesn't work, its still worth it to get me used to trading. And it did work! I just made £10.50 net! If I'd been doing my target £10 a point, that would've been £105.00.

Now that the trading is getting real, I'm going to change the way I account for my money. I check out and list where my money is once a month or so - with saving for tax, and general saving, and match betting and football pools and whatnot, I think you have to keep a really close eye on it. And the money in my trading account has always been part of that list of "my money". I'm going to stop that, because its my trading account. A certain number of trades don't work, no matter how good your system is, so its unrealistic to count that as "mine". I won't be adding it any more to my monthly challenge on here either. I'll trade next week at £1 a point, *maybe* going up to £2, I'll see how it goes. Just to be trading regularly, when a signal comes up, would be heaven.

Off to see some diaries *very* quickly - London in one and a half hours. But I'm so chuffed!

taka

Well done on taking the third opportunity!! Sorry to hear about business dropping though

Glad my mortgage isn't at 15%... thats plain scary :eek: I think the highest I've been on was around 9% in the early 90s. In real terms its not the end of the world being stuck on the fixed rate... At least I have a mortgage deal and know how much it is every month! Who knows where the market will go in the next few years - I may be loving the fixed rate before it ends!!

Karmacat

Thats so true, Taka - I'm on fixed rate energy, for example - and I think I fixed at the top of the market, considering what's happened to the price of oil - I wonder what it means tho, in the case of our energy useage - if I use more than they bargained for, I still have to pay for it, don't I? Does that mean I get a huge charge at the end of it? I didn't think to ask! More oops.

As for the business dropping - well, truth is, I've been doing this a long time, and although my website is out there, I'm not actively doing anything at all to promote myself or bring in new business. There's often a limit to how long you can do counselling etc, and I think I'm pretty near it. Thats okay, a dual career, for a while, of trading and counselling is fine by me. And it gives me lots of time to *do* the trading. And now I've got a great idea to become a trading coach, which would give me an hourly rate of double my present work!

Karmacat

I'm googling "adrenaline overload" in relation to the trading, and have just come across:

Cuff'n'Stuff

The Internal Newsletter of the Wise County Sheriff's Department

:rotfl: :rotfl: :rotfl:

taka

Karmacat wrote: »

Thats so true, Taka - I'm on fixed rate energy, for example - and I think I fixed at the top of the market, considering what's happened to the price of oil - I wonder what it means tho, in the case of our energy useage - if I use more than they bargained for, I still have to pay for it, don't I? Does that mean I get a huge charge at the end of it? I didn't think to ask! More oops.

I thought it meant that the price you pay per unit was fixed rather than the amount you can use... I dunno... I only pay £15/month (in total for G+E - small flat and out at work all day) so the savings would have been tiny for me so it never seemed worthwhile for me to cap the prices. I've been paying that amount for years now - my usage has gone down as the prices have risen :rotfl:

redsquirrel80

Glad to hear good news on the trading front. Hope it continues to build for you. The emotional money stuff really is fascinating, lots of food for thought!

Karmacat

Thats it, of course it is ... so my direct debit might well go up, while the price per unit stays the same till the end of October 09.... makes sense. Ta!

I'm just hopping on for a mo to see what's happening, had to go to a seminar today on cognitive behavioural therapy - so helpful for the paid work, but nothing for dfw. Hey ho.