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Ep 613: Things I Keep Saying (That No One Hears)

You may have heard many lucrative, CEO types say things like, “We overestimate what we can accomplish in a month and underestimate what we can accomplish in seven years.” Bill Gates said 10 years, but Jeff Bezos and Amazon have a seven-year time horizon. Either way, the principle is the same: These wealthy individuals are willing to wait several years for an idea to really start making money.

In Episode 613 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss things that Rob keeps saying that no one ever seems to hear. For instance, from our previous episode, “taking small gains and compounding them over time” is one of those things, and it sounds similar to the Bezos / Gates approach mentioned above.

During this episode, we also talk about being too consumed with our problem rather than being consumed with our goals. We also discuss the distraction of caring too much about what other people think. Just remember: Trading is a marathon, not a sprint. Join us to learn more!

And if you should ever be interested in learning more about the wild world of the cryptocurrency market, then you can gain some great insights from Rob’s free book at RobCoin.com.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
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Ep 606: The Importance of Being Right

How important is it for you to be right all along? For whatever reason, some traders apparently feel it’s more important to be right than it is to be profitable. Don’t let your need to be right take precedence over your need to find out what’s true.

Many traders suspect that in order to be successful in trading, one must be right from the beginning. But how likely is it that anyone can be 100 percent correct 100 percent of the time? The most realistic scenario is being right eventually. Being right from the beginning is definitely preferable, and it’s a worthy ambition, as long as you remember that you don’t have to be right at the outset. It doesn’t matter how you arrive at profitability, as long as you get there.

In Episode 606 of The Traders Podcast, your host Rob Booker and the producer Jason Pyles discuss the importance of being right. We talk about the phenomenon where traders would do fine if they would just allow themselves the pleasure of making money, even though it doesn’t look like a method that anyone else is doing. If they weren’t so worried that what they’re doing isn’t legitimate, then they might just enable themselves to make some money! Join us to learn more!

Also, if you would like to explore the mysterious world of the cryptocurrency market, you can visit RobCoin.com to receive Rob’s free book! Thanks for listening to The Traders Podcast.

Links for this episode:

Subscribe to Rob’s YouTube channel here: https://youtube.com/robbooker
Read More