The Basics of Becoming Rich
- Money is the best idea ever invented by humans. I love money.
- There are ALWAYS opportunities to make money.
- You have to put in the work and cannot take any shortcuts.
- Make sure you keep studying so that you are ready to take advantage when the opportunity arises.
- Make a goal and keep moving in the right direction
I Am Becoming the Best Trader I Can Possibly Be!
There is absolutely no question about it. I have decided that I am willing to give up everything necessary to become the best trader I can possibly be.
I decided to sell my successful company so that I have all the time in the world to immerse myself in the world of trading, the markets, stocks, and everything related to becoming the best.
I wake up and start learning about trading. Throughout the day, I set myself up to get as much information as possible to make the day a success. It doesn’t matter if I lose or win; what matters is that I LEARN. As soon as the markets open, I make as many good trades as possible and put in the hours to get the necessary experience. When I go to bed, I read books about successful traders, and when I finally close my eyes, I dream about charts and making money on the markets.
“There is no better way to learn than to teach.”
- Benjamin Whichcote
You only fully understand something when you are able to explain it to others. Follow me on my journey to become the best trader I can be, and I’ll try to teach you as much as I can along the way.
I am just scratching the surface of the world of trading, and I know that there is still a long way to go, but I hope that as you follow my journey, you will find answers as you go.
Today's Lessons
- Have rules and plans before you enter the market.
- Cut losses quickly (Everyday's Lesson).
- Change your rules and plans if they don’t work.
- Keep on going; you are NEVER done learning.
- Always have an open mind and don’t get cocky. The market will teach you to be humble.
- There are NO SHORTCUTS to becoming great.
- Stick to the rules of someone who made it.
- You don't need to hit the bullseye every time, just keep going in the right direction.
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