≈ You must be so smart! ≈
Pearl Li here.
Yes. I get this a lot, especially when I tell people I trade and invest for a living.
Their first reaction often falls along the lines of, “You must be smart.” I tried to explain that, “I just did this for a while and under the right education became consistent enough to make a living.” and then, a silence ensues a bit ending with the conclusion of, “No, I think you are very smart.”
As much as I love a good compliment and will often just accept it out of social politeness, it’s hardly the whole story. It’s not that I think being smart is not a good trait but I must admit it’s just not a critical factor of your overall success.
I know, we seem to value being smart above everything else these days, but I can attest to the fact that being smart has often sabotaged my own success in trading.
Read the full story “The Myth of Being a Trader (Part 1): You must be so smart!” HERE.
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“Overall, in my development, where do I see being smart fit? What are the key characteristics of a successful trader?”
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How to Scale Out a Position after it hits the target
Coaches Matt and Tim talk about how to scale out of a position when it hits your first target.
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Options Theory
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I was listening to a podcast the other day when the host mentioned an easy way to nab $500 with little effort. If you read through this entire article I’ll share how you can double it to $1k.
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Cash Flow Club Replay
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Halftime Report 12:30PM EST
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