@Tradestl You know man I never would have thought of this, but after the back pain I've been having you really might be on to something! I dedicate 30 minutes a day to stretching and sometimes that's not enough to outweigh the sit time.
@Tradestl "Also my son who is 12, trades with me and loves to shares his own ideas"
Phil this is the most badass thing I've ever heard in my life! So happy for you man. My little nephew said he liked apple stock and I was almost in tears. Hope he wants to go over charts today😂
@Tradestl@kiwiasfi One hot summer weekend with some buddies at the lake can really change everything. A few years ago I was fat and depressed with no purpose in life. I've since lost 120lbs and every day I wake up looking forward to pushing myself past my limits. Small steps make big strides
“Observe and live in the firestorm of the market for a few dozen years, and you'll learn not to stick your hand in the fire when you see it." - Dan Zanger
Nothing can replace screen time and the repetition of studying charts, catalysts, sector rotation, and the market’s natural ebb and flow.
The riskiest thing to do is not take risks in your 20s.
The 20s are made to fail and try again.
This is true from a societal perspective as well as cash, responsibilities, time, energy…
Compounding leads to an exponential loss of potential as you grow older if you don’t take action.
If it’s you on your own with nothing to lose, why aren’t you giving it your all?
@TheShortBear Very well said! Reminds me of the Steve Jobs approach to stick to 1-3 simple tasks and focus entirely on those for the time period. Bookmarking this one for those bad days. Thanks brother
Brother, your last podcast was so amazing! Many great questions and answers. Can’t wait to read your section in Market Wizards, I hope you dive deep into the concept of "what it takes to make it." I'm always searching for ways to improve or be more efficient so I think it will
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If you don't have proper risk management in place the true black swan tickers like $OCTO might just take you out of the game. Sizeable loss is acceptable. Completely blowing up is not.
@Tradestl Ahh man no worries! I'm outside of KC, but I could definitely make a drive to St. Louis. I know I'm random dude on the internet, but I want to take my trading to the next level and I'm willing to do whatever it takes. So if you ever want a free meal just let me know!
Hey Phil, I'm heading to the lake later this week. Any chance you would have a few minutes to go over charts? Even if it's only a few minutes, id be happy to drive anywhere. I got your food/beer whatever you need brother, it's on me! @Tradestl