Think big

I know many people who finance a leisurely lifestyle through trading. One of them is a friend whose lifestyle I greatly admire. He lives in Hawaii and frequently travels all over the Milky Way Galaxy! Best of all, he finances his lifestyle by trading stocks. When we last talked, he gave a favorable mention to Donald Trump’s recent book Think BIG and Kick Ass in Business and Life

Coincidentally, a few days prior, I had picked up a copy of the book at my local public library but had not yet started reading it. I was planning to fit it into my leisure time activity. But since my ultra-successful trader friend gave a favorable mention to that book, I rescheduled it into my trading time budget and am almost finished reading it. This week’s series of articles will be about that book by “the Donald”. It’s been fascinating so far.

The co-author, Bill Zanker, is president of The Learning Annex. At the end of each chapter, Bill describes how he has applied Donald’s advice contained in that chapter. Bill credits Donald with encouraging him to Think Big and Kick Ass, transforming his company from a one-man operation into a multi-million soon-to-be multi-billion dollar enterprise.

Chapter 1 contains a questionnaire to “test” how close you are to being someone who Thinks Big and Kicks Ass! It’s entertaining albeit neither valid nor reliable in the scientific sense.

Chapter 2 applies to traders. Donald’s advice is to find a career you are passionate about. Passion will enable you to overcome obstacles (losing streaks), recover from setbacks (losing more than half your equity) and make it through the tough times (getting a net profit after surviving a string of losing trades). This chapter was inspiring.

...continued tomorrow...

Copyright 2008 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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