
Trading can be the best job in the world. No bosses to suck up to, no subordinates to worry about, no suppliers to be weary about, no office politics, no meaningless appraisal documents to fill in every year, not standard 9-5 etc…Don’t get me wrong. I am not suggesting it is the easiest job either. It’s really a lot of hard work and one gets to deal with the most difficult enemy of all-himself/herself.
Modeling after successful people is the way to become successful. By following what successful people do to become successful, we can save on a lot of trial-and-errors and get to our goals faster. I recall these 2 interesting articles from Business Times on how 2 individuals become successful at trading US equity options, one is Nicholas Yap and the other is Lucas Lim. Lots of hard work they have went through. Nicholas has read 40 books in a year! The unparalleled passion, determination and perseverance is most admirable. If they can do it, so can I!
Also check out Conrad’s very inspiring story here and here. An account of how an aspiring options trader fell and stand up on his feet again and eventually tasted the fruit of success.
Also finished reading an article today titled “21 Habits of Multi-Millionaires” by Fabio Marciano. This is a section from his book The Secrets of Wealth: The Beginner’s Guide to Financial Freedom. I find this article a good recap of the essence from books like “The 7 Habits of Highly Effective People”, “Rich Dad, Poor Dad” etc. I liked the idea about investing our time wisely in activities that generate the most value. The concept of focusing on the “right” stuff. And also giving in the form of knowledge, time and expertise etc. (not just in terms of money). A good recap.
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I agree. Thank you. You are No. 1