This question is geared more towards those who trade forex for supplemental income. I ask it in the spirit of making conversation only...
Do you ever enter a trade with the thought that it's profit or loss is appropriated for something (or nothing if a loss). Example: Want to go to concert and concert tickets cost $200. Therefore I will risk $100 to make $200 and go to concert. If I lose, I shall stay home that night. Or I'd like those sneakers. They cost $80. Therefore, I will risk $30 to make $80 to get sneakers I want. So in essence I'm trading for shoes. LOL. I know this is a silly topic, but again, it's intent is just for discussion.
I guess in some way though, it's principle is based in every trader to a different degree and perspective (pro or amateur).
Do you ever enter a trade with the thought that it's profit or loss is appropriated for something (or nothing if a loss). Example: Want to go to concert and concert tickets cost $200. Therefore I will risk $100 to make $200 and go to concert. If I lose, I shall stay home that night. Or I'd like those sneakers. They cost $80. Therefore, I will risk $30 to make $80 to get sneakers I want. So in essence I'm trading for shoes. LOL. I know this is a silly topic, but again, it's intent is just for discussion.
I guess in some way though, it's principle is based in every trader to a different degree and perspective (pro or amateur).