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Wednesday, November 21, 2007

Ray Barros' Secret to Managing Money Well - Supportive Spouse

Here'sRay Barro's interview with The Straits Times. Click article to read. My jaws nearly dropped when I read that his wife stood by him through his first seven years as a trader despite $1m in losses. While I have to admit that not many traders out there can sustain the $1m losses and still make a come back, I cannot agree more with the importance of having a supportive spouse. A trader can focus 100% without the added pressure of having to answer to an unsupportive spouse. In this Thanksgiving, I'll like to say a big Thank You to my beloved hubby for his patience and support all these time ;)


Source: The Straits Times

4 Comments:

Blogger Bill Luby said...

Touché!

As far as spouses go, it's the last million they are worried most about, not the first million...

The hardest part can be having a spouse that insists you be able (and willing) to spit out the details of your P/L whenever s/he desires -- and not be emotionally involved in what they hear, good or bad.

Nicely done, SOT. Enjoy the holidays!

-Bill

12:42 AM  
Blogger Simply Options Trader said...

lol! Happy Thanksgiving!

2:01 AM  
Blogger Tony Chai said...

Hi SOT :

All along I thought you were a guy!! :)

Hope to read more trading related articles from you in the future.

Happy Thanks Giving.

Yours Truly,

Tony Chai
My Options Trading Blog

2:45 PM  
Blogger Henry said...

wow...if only my wife were half as understanding, I wouldn't have to options trade hidden behind closed doors!!

options trading

2:48 AM  

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