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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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 …
An entrepreneur is someone with a vision and a desire to create. They see possibilities where others see challenges and are driven by a passion to bring their ideas to life. This combination of foresight and creativity fuels innovation and …
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 …
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute. This paradox highlights the subjective nature of market decisions, where differing perspectives and strategies lead individuals …
Fearlessness is like a muscle. From my own experience, the more I exercise it, the more natural it becomes to not let my fears run me. Each time I confront and overcome a fear, I grow stronger and more confident, …
When I was younger, I had a burning passion inside me. I may not have known how I would channel it, but that passion was always there. Even now, I still feel it—a little engine roaring within me, driving me …
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