If You Can Lead A Horse To Water
The Horse Will Drink
Well folks, it’s Friday. Not only is it Friday, this one is happening during a most happy holiday season. In our household we have errands to run, gifts to buy and Christmas treats to get ready to cook. Hanukkah is over, Christmas is on the table. It’s a great time of year. Enjoy it and above all share its teachings with others.
Remember to tune in this weekend as Sunday’s post is going to be not just beneficial, it’s going to be informational. Like many people, December is a time to plan and a lot of what’s transpiring in my head will hit the threads. You are going to need to fork out $99.00 annually to read my post but as I’ve said before, it’s well worthwhile. Where are you going to receive benefits of this nature at such a “minimal” price? Nowhere really so join in with many others already onboard and take a look.
Meet My Favorite Horse
Today I have the privilege of bringing you an article written by an early adopter who’s not only learned from what is “preached” here, he has applied it in his own work. It’s not easy to survive in today’s economic world. It’s harder to consistently thrive but if you take it step-by-step, as my LinkedIn associate Mahdi Nikpour has, you are going to get there. Check out his LinkedIn profile and follow Mahdi, he’s worth your time.
Without further discussion here’s what Mahdi submitted for your reading pleasure:
“When seeking advice from successful traders, you have likely been told to “use your own money” to keep emotions in control. However, if your capital is limited, fear not, there are smarter steps to take. It's all about grasping the upsides and downsides while implementing a good risk management strategy.
A powerful move is diversifying your portfolio, spreading risk and reducing the “emotional hit” of individual losses. Crafting a solid trading plan and sticking to it religiously is a game-changer. Keeping your strategy's drawdown low is just as crucial for long-term success.
When it comes to clients, be upfront about risks and rewards. Honesty sets the stage for realistic expectations, acting against emotional stress during trading. This approach not only makes you better prepared but also more resilient in the face of market ups and downs.
In essence, whether you're a seasoned trader or just starting, the key is to “stick to your strategy”. Spread your risk wisely, stay disciplined with your plan, and be honest about the potential gains and losses. It's not just about making smart financial moves; it's about controlling the emotional rollercoaster of trading with confidence and persistence.”
Pretty good, eh? I think so or you would not be reading it here. It’s always my pleasure to make people like Madhi available directly to you. Remember, just like Mahdi does, it’s the emotions “between your ears” that make the difference. He knows that is true and you should too.
I’m off to Costco with the best half. They have some pretty good deals and better yet they deliver. Being older than not having gifts sent directly to where they’ll be enjoyed is a gift. Whether they get wrapped and placed under the Christmas tree remains the question but at least we don’t have to worry about getting it there. Besides, our family members already know what they are getting so the “surprise” element is “history”.
Hailing from Canonsburg, Pennsylvania, a town just southwest of Pittsburgh in 1912, Perry Como was a “voice” often played in my household as I grew up. His diminutive height caught many by surprise but his voice rose to heights seldom known to others. Given it’s Christmas time bringing “It’s Beginning To Look A Lot Like Christmas” to you just makes sense, just like introducing Madhi. Enjoy both and remember that this is the time to “give back”. Best always and tune in this weekend; it’s a must read for all.