Titans Of Tomorrow

Your First Year In Trading - 5 Things You Need To Know

19 snips
Jul 28, 2024
Explore key insights for thriving in trading, starting with the essential role of education and the challenges posed by traditional schooling. Discover how your mindset shapes your trading journey, with emphasis on overcoming self-doubt and selecting the right information. Learn about the impact of various approaches, including the positive-active and neutral-passive mindsets, while also questioning the effectiveness of trading courses. Uncover the dangers of prop firms and the importance of rational thinking post-success in maintaining consistent profitability.
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ANECDOTE

Waqar's Lifelong Learning Journey

  • Waqar Asim shares his extensive education journey spending over $100,000 outside university.
  • He emphasizes that being a lifelong student helped him master trading skills beyond formal education.
INSIGHT

Same School, Different Destinies

  • The same schooling system produces vastly different life outcomes.
  • Our mindset and behavioral synthesis of inputs primarily dictate success or failure.
ADVICE

Manage Your Mental Diet

  • Control the content you consume like you control your diet; junk content breeds negative emotions.
  • Your inputs shape emotions, behaviors, and ultimately your life habits.
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