20 Dec Evolving as a trader
Evolving as a trader
Recently, I have had a few ‘revelations’ on trading. No, no angels descended upon me or a guy with long hair that looks like he enjoys the ‘ganja’ a bit more than he ‘should’. I realized a few things that I think will help my trading and I’ll discuss them here with you.
Trader first, blogger last if there’s any time left
I guess that kinda says it all. I am not here to eventually sell you some course on how to trade or anything. I’m not saying that I won’t eventually start a group of traders and teach them what I know. Don’t think I’ll start an online course or anything but perhaps a hedge fund of sorts. I’m getting way ahead of myself though. My point is, this blog is not intended to be the source of income. I believe that many of these so-called traders sell you on the dream of riches and make you believe that they’re good traders, where in fact they’re not. They’re great marketers. Now, I’m not bashing on them. Well, perhaps a bit. It’s just not my route. This is also why I am not paying anybody to learn from. I believe I can learn it all by myself, with the help of free online sources. There are real gems out there. But what constitutes a gem is just something that makes it ‘click’ in your brain so you’ll have to go out and find them for yourself. My click might not be yours.
This blog is a way for me to organize my thoughts and put it to work. Write out a plan and then go and do that plan. Which if you go through my blog you’ll see I start doing something and then quickly change to do something else. This is just my process. You do what works for you. I’ll do what works for me. The point of ‘mastering’ anything is to learn the basics or foundation first. Make them your own and then break the rules if you will. I think the ‘holy grail of trading’ lies in the simple fact that it’s the most personal job in the world.
Let me elaborate
If we would break down how to trade I believe we can conclude the following factors. Now, keep in mind that I am not a professional successful trader (yet) with a yachboat surrounded by dozens of beautiful women wanting to be my ‘friend’. I believe the reason why trading is so personal lies in the way you observe the market and the way you process that information. Now, you can go out and learn these ‘golden’ trading methods by all these “successful” traders and be a follower. OR…. You can be a leader and come up with your own strategies. Now, not everyone has the time to dive into trading as much as the next guy or in this case me. I understand that and that’s OK. Just understand that you’ll probably never be better than the strategies you adopt from others. Whereas when you learn to come up with your own strategies you learn to fish, proverbially speaking. Now, I hope this doesn’t bring you down in any way it is meant to be uplifting. Because if you are the person that goes out and finds his/her own way then you are most likely energized by this post. If you are looking for the next best thing to help you make millions? My blog is not for you and I wish you all the best in your current and future endeavours.
Thank you for reading and get in touch with me if you’d like to exchange thoughts on this very lonely but super exciting challenge that we’re on. The challenge of one self. Trading is secondary. Know what you want. Then go out and conquer yourself. Your goals will follow.
In the words of Napoleon Hill ‘Whatever the mind of man can conceive and believe, it can achieve’.