It is always refreshing to hear a different slant on our industry, but I must admit I would have preferred to read it in your own words, from your heart (which was touched by this). But never mind, the thoughts in the links are, I guess, what you wish to share anyway!
It is never a bad thing for us to stand back and reflect on what and why we are doing what we do!
One question I would throw at you now regarding the issue of speculation v. investment. I have assumed that you are saying that speculation is wrong but investment is ok, Is that so?
If so, then let’s assume I put $10000 into a trading account and start day-trading on margin. This is bad according to your links because I am speculating, right?
OK, so I decide to approach this in a different way and investment my $10000 into a PAMM account or such like and leave the day-trading to someone else to do on my behalf - and I earn a regular income from that. Is this still bad even though it is now an investment from my point of view?
We all hope one day to receive a guaranteed and regular pension to take care of ourselves and our loved ones once we are no longer able to work for ourselves. But those pension funds that take care of our pension contributions use a number of approaches to both optimise and protect our funds - some of these approaches are speculative - which bits are bad and which are good?
And if we feel that our pension is unlikely to be sufficient to take care of our families for whatever reason, is it then wrong to build one’s own capital via trading to supplement a poor pension that would otherwise make us dependent on others to carry us instead ?
Is not the issue more a question of money for money’s sake v. money for the sake of love?
Just some thoughts!