Control Your Financial Future
In life, business and trading it’s important to develop systems and processes to make sure you’re moving forward efficiently. As a mentor, one of the most important things I can do is show a new student how to systematically approach the market, each trading strategy and their education. Let’s take each one of those topics…
As a new member of our team, you’ve made a great choice to join like-minded driven and successful people who are taking control of their investing. Here are some things to keep in mind as you get started. 1. Be Patient. You don’t have to master everything right away. This one’s self-explanatory, but let’s discuss…
How does a trader or investor find something to put their money into? That is a key question. There are different layers to the question, and we need to address them one step at a time. The first one, is about productivity and efficiency. If you can have just as good of a trading system,…
There is a commitment needed by new traders, for them to be successful. They have to commit to learning, practicing and applying these strategies in the right way. If traders jump into the market, they tend to fail. If traders don’t have a strategy or plan, they tend to fail. I know that people want…
Depending on your portfolio objectives, you will want to use certain kinds of options strategies. The Covered Call is a classic options strategy where a trader buys stock and then sells a call option on that same stock. The traditional approach to this strategy is to sell the call out of the money. In this…
As a trader one of the most important things you can ever do it develop a trading identity. • Are you a position trader? • Are you a day trader? • Do you analyze fundamentals? • What is it that you do? • What are your strengths? Part of this choice will come from…
Rich Dad Poor Dad – Robert T. Kiyosaki Notes and Thoughts after Reading by Tim Justice Lesson 1: The Rich Don’t Work For Money ‘The poor and the middle class work for money. The rich have money work for them.’ Pg. 30 Why do people keep working at jobs they hate? FEAR Fear of…
I’ve never broken a bone in my body. Not one single time have I had to wear a cast, splint or had a doctor set those ever so important components that hold us together. My 5-year-old daughter has. A few months ago, my wife had the idea to upgrade our swing set in the backyard…
I grew up with 5 brothers and a sister and we would play outside any chance we could get. My dad grew wonderful grass. He would regularly be working on the water system, fertilizing it and keeping it green and growing. I did not inherit the skillset from him. I’ve lived in the same home in Utah…
Hello Team, I’ve followed the Quora (You can find my profile here) forums for a year or two, and mostly I just read the questions and answers from others. Recently, I decided to start answering a few questions myself. Below are 3 questions I answered on Quora from the public about trading. Question #1: Who…
