All Posts By admin
If You Find Yourself in a Hole, Stop Digging
In the context of compound interest, the idea is to stop making unwise investments or decisions that will compound your losses over time. Instead, focus on stabilizing and making decisions that will improve your situation in the future. Once you stop losing, you can begin the process of rebuilding.
The Greater Failure: Never Starting
The only thing worse than starting something and failing… is not starting something
The Unstoppable Drive
When I was younger, there was something in me. I had passion. I may not have known what I was going to do with that passion, but there was something and I still feel it. It’s this little engine that roars inside of me, and I just want to keep going and going
Start Doing: Actions Speak Louder Than Words
The way to get started is to quit talking and begin doing.
Execution Over Ideation
It’s not about ideas. It’s about making ideas happen.
The Wisdom of Caution
There are old traders and there are bold traders, but there are very few old, bold traders
Buyers and Sellers Both Believe They’re Astute
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute
Trading: Patience, Discipline, and Risk Management
Trading requires finding an edge and consistently applying it with patience, discipline, and a focus on minimizing losses rather than quick riches, as emphasized by Bernard Baruch’s wisdom that the forex market humbles even the most confident traders.
The Life Cycle of Bull Markets
Bull markets are born on pessimism, grow on skepticism, mature on optimism and die of euphoria
Instinct Over Analysis: The Key to Successful Trading
Successful traders tend to be instinctive rather than overly analytical.