Every day is continuing to learn the game of how managing investor money actually is.
I have kind of a wild goal of hitting 400,000€ AUM by the end of the year. I know it is a wild goal and just about everything in me says that it is not possible. I continue to talk to friends and I have a few more potential investments in the pipeline. So I am actively working toward my goal.
Then I wake up this morning, take my kids to school, and get a few things done before sitting down at the computer to get my work done and probably place a couple of trades. I take a look at my BPX and my heart sinks. A 35,000€ investor pulled their money. I don't know exactly why. There is also no way of finding out (I don't think).
I know this is part of the game and I knew in advance that things like this would happen; but, it seems that now that it has happened, I was not prepared for it.
When I reach my 400k goal, a 35k investment is not going to be as big of a deal; but, when I am at 165k and working to build to 400k, then that 35k is a rather large setback to the direction I am aiming for.
As I continue to process how I feel about this and who I am going to be moving forward, I realize that this is also part of what makes Darwinex so special. People have the freedom to move their money where they want and that ultimately fulfills their investment objectives. Freedom is a beautiful thing and freedom is what allows for innovation and growth.
Additionally, I did not do the work to get this investor, Darwinex did. Sure, I traded to the best of my current ability, but I would have done that anyway. From that standpoint, there is no loss of effort on my part.
I don't need the money. I have a wonderful job doing something I enjoy and I get paid well to do it. Trading provides extra income.
So that is the game. Who am I in this game? I am consistent, confident, and humble and those ways of being effect every decision I make. Being sad or disappointed that an investor dropped off does not fit within being consistent, confident, and humble. What kind of actions in this situation does being consistent, confident, and humble present?
- Realizing what happens is what happens
- Continuing to improve my craft
- Being a contribution to others
- Being okay with being an emotional being
- Having a lot of fun doing what I do
I am very excited about today and what is coming.