Try, Try, again. It is important in trading to never get overly discouraged with consecutive losses or draw downs in equity, this is a normal part of the business. I once had a 50% draw down early in my trading career when I did not respect risk, but came back and quadrupled my capital over […]
When at first you don’t succeed…. Read More »
Decisions, Decisions, Discretionary Trader vs. Systematic Trader Discretionary Traders trade information flow, while Systematic Traders trade price flow. While discretionary traders are busy trying to digest what fundamental news and information mean, systematic traders are taking the signals they are getting from actual price movement in the market. Systematic traders are not thinking and predicting
Your Opinions or A Proven System? Read More »
Trading is an evolution of self and system. -Jonathan Keag Contrary to popular belief, the key to success in trading is not: a huge ego hot stock picks knowledge of the fundamental drivers of markets or even how to read a chart following a guru taking big risks What I have discovered in my twelve
Build-a-Trader Workshop Read More »
Interview where I discuss my humble beginnings in stock trading and how I learned some hard lessons as a new trader. I also discuss my book ‘New Trader, Rich Trader’.
New Trader, Rich Trader Interview Read More »
The journey from financial struggle to prosperity is challenging but achievable with the right mindset, strategies, and actions. This comprehensive guide outlines ten crucial steps to transform your financial situation from broke to wealthy. By following these steps consistently and with dedication, you’ll be well on your way to building lasting wealth and economic security.
People Who Want to go from Broke to Wealthy Need to Follow These 10 Steps Read More »
Mental toughness has emerged as a vital trait for those seeking to thrive and succeed. This powerful psychological asset enables individuals to persevere, maintain focus, and perform at their best, even during adversity. By cultivating mental toughness, you can unlock your full potential and achieve your goals across various aspects of life, from academics and
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In a world where financial success often seems elusive, understanding the mindset and strategies of the wealthy can provide valuable insights for those aspiring to build their fortunes. This article explores seven key lessons on money management and wealth creation drawn from the common practices of upper-class individuals based on my research. By adopting these
7 Lessons on Money from the Upper Class Read More »
Personality is complex and comprises our experiences, beliefs, and innate traits. It shapes how we perceive the world and interact with others. While everyone has the capacity for personal growth and change, certain personality traits can create significant barriers to this development. These traits can cause individuals to become stuck in unhealthy patterns of thinking
7 Types of People Who Cannot Be Saved Read More »
In a world where financial variances between the wealthy upper classes and lower middle classes continue to grow, have you ever wondered what sets the rich apart? It’s not just about luck or inheritance. The upper class often possesses a set of unwritten rules and strategies that contribute to their financial success. This article will
The Secret Wealth Rules: What the Upper Class Knows and You Don’t Read More »
In today’s economy, making wise financial decisions is more crucial than ever. Buying used can be one of the wisest choices when purchasing a vehicle. Dave Ramsey, the renowned personal finance expert, has long advocated buying used cars as a critical strategy for building wealth and avoiding unnecessary debt. But where exactly should you look
Dave Ramsey’s Top 3 Places To Buy a Used Car Read More »