Professional trading is like high level athletics. Scarcity There are not very many professional trader or high level athletes. A trading account does not make you a professional trader and a jersey does not necessarily make you a high level athlete. Loneliness Because most people will never be a professional trader or a high level… Continue Reading
Tag Archives: successful traders
Two types of confidence.
First if you haven’t read it check out David Blair of Crosshair Trader recent post. The infographic and explanation is one the best I have seen that maps out the difference between struggling and successful traders. Welcome back. David’s post along with a conversation I had with someone who is trying to become a trader made… Continue Reading
Important lesson for new and newly successful traders.
I don’t necessarily like to talk about clients, but I think this is an important lesson. Also know that I am talking about it with his permission. One of our core values in our trading group is that we do whatever we can to help each other, like this blog. Every member is at a… Continue Reading
Not failing is worse than failing.
Some types of failures are good. If I continue to have the opportunity to fail than I am doing something right. But there is good failure and bad failure. Good failure is giving everything you have and it just not being enough. Bad failure is not getting to that launch point. I go out of… Continue Reading
Giving yourself a chance to become a successful trader.
I was just talking to another trader who was having trouble pulling the trigger. Assuming you have taken the necessary steps; having the money to lose, having a plan, can maintain discipline, and willingness to continue education in yourself, the market, and the relationship between the two. The next step is to do it, those… Continue Reading
16 ways high level athletics is like professional trading.
Professional trading is like high level athletics. Scarcity There are not very many professional trader or high level athletes. A trading account does not make you a professional trader and a jersey does not necessarily make you a high level athlete. Loneliness Because most people will never be a professional trader or a high level… Continue Reading
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