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Saturday, February 26, 2011

Trading Experience - Lessons Learned

My Lessons Learned posts acknowledge blog posts from around the web which illustrate exceptional ideas that are valuable to new traders.  The goal is to assimilate the wisdom of the experienced, instead of learning the hard way.  There is an excellent post by Adam Grimes from SMB Capital blog discussing the consuming passion that is required to be an elite trader.  Here are some critical lessons from the article that are noteworthy:

TRUE PASSION CAN BE DEFINED AS LOVING WHAT YOU ARE DOING DESPITE THE CHALLENGE AND HARDSHIP! IT IS AN ALL-CONSUMING, OBSESSIVE DRIVE IGNITED BY SUCCESSES AND SETBACKS.  FAILURE IS NEVER AN OPTION IF YOU ARE TRULY PASSIONATE!  IF YOU ARE PASSIONATE, YOU ARE MOTIVATED BY NOT ONLY THE END GOAL, BUT ALSO THE  PROCESS OF LEARNING AND IMPROVING!

Blog Post Highlights:
 

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