“It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.” – Sir Josiah Stamp As discussed in previous posts, there is a significant difference between working for a company and working as an independent trader. For example, as independent traders, there are no managers to evaluate our performance, no [...]
“History’s great achievers – a Napoleon, a da Vinci, a Mozart – have always managed themselves. That, in large measure, is what makes them great achievers.” – Peter Drucker In Part 1 of this series we looked at having Structure as an essential element to our trading success. Successful businesses have a defined and comprehensive [...]
“For most of us, the task of beating the market is not difficult, it is the job of beating ourselves that proves to be overwhelming….” – Martin J. Pring In Part 1 of this series, I discussed Structure as being an essential applied element of being a successful independent trader. Like any successful business, having [...]
Significant dilemmas can be posed when one decides to work for themselves in a trading career. For example, structuring your time, creating achievable goals and objectives, self-managing the rules you create, and a host of additional tasks. These concerns are compounded when considering that the independent trader is going up against some of the sharpest [...]