Category: Inspirational
The Zero-Sum Game – Cut Losses and Let Winners Run
The zero-sum concept is a peculiar idea that sparks a little bit of fear and intimidation into the soul of the futures trader. The thought that for you to win, one must lose is maybe a little morally disheartening while on the other hand, the thought that when you lose, somebody else wins and that [...]
The 5 Plots of Mediocrity
It is always wise to quit the wrong stuff, stick with the right stuff and have the sheer drive and passion to do either one. What exactly is your time and life worth, is it even a monetary amount? The “rat race” is a brutal trap that most of the population gets caught up in. [...]
The 11 Fundamental Beliefs and Rules of Trading
These 11 rules are my rules that should be understood and acted upon every day. They will help keep yourself mentally prepared and your balance from suffering from major losses. I suggest keeping these on a mental checklist that you keep reviewing. 1. Never add to a losing position. In a logical sense, why [...]
Traders and Entrepreneurs
When you think of the word entrepreneur, you immediately correlate them with starting up your own business and taking the risk and determination for success with it. While full time traders don’t directly create businesses that offer a particular good or service, traders need the same discipline, motivation and adaption to risk and other challenges [...]
