In the end, a vision without the ability to execute it is probably a hallucination. This highlights the critical need for practical skills and action plans to bring ideas to fruition. Having a compelling vision is essential, but without the …
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There are many poor motivations for starting a company, such as chasing trends, seeking quick profits, or trying to emulate others’ success. However, there is one truly valid and meaningful reason to start a company: to change the world. When …
Every time you state what you want or believe, you’re the first to hear it. It’s a message to both you and others about what you think is possible. Don’t put a ceiling on yourself. By openly expressing your desires …
Never be limited by other people’s limited imaginations. Often, others may project their own fears and doubts onto you, limiting your potential. By believing in your own abilities and vision, you can surpass these constraints and achieve greatness. Trust your …
The question should not be how much I will profit on this trade, but rather, will I be fine if I don’t profit from this trade. This mindset emphasizes the importance of assessing and managing risk over focusing solely on …
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die of euphoria. This progression illustrates the emotional and psychological phases that markets go through. Initially, low expectations and fear dominate, but as confidence slowly builds, the …
There are old traders and there are bold traders, but there are very few old, bold traders. This saying highlights the importance of caution and risk management in trading. While bold traders may take large risks for potentially high rewards, …
https://andrewscottfeeds.com/wp-content/uploads/2024/08/WhatsApp-Video-2024-07-30-at-14.08.01_6852924c.mp4 When I get hurt in the market, I get out immediately, regardless of where the market is trading. This is because once you’re hurt, your decision-making becomes less objective. Staying in a market that is severely against you leads …
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money. Patience and restraint can prevent impulsive decisions, allowing traders to wait for the right opportunities and make more …
If you want real insights that can make you more money, look at the scars running up and down your account statements. Stop doing what’s harming you, and your results will get better. It’s a mathematical certainty. By analyzing past …
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