We talk to a lot of traders. Not just on this podcast, but across everything we do. And one thing that is common to most of them is some level of stress which must be routinely navigated. And it’s often a real struggle. Many of them are emotionally damaged and scarred by it.
In fact, many of our conversations get into discussions about how to best navigate ourselves out of these negative spirals.
“I don’t need to kill it right now. I need to make sure I’m around for the next cycle that is favorable to my trading style.”
According to Anthony Crudele, most traders struggle because they are too short-sighted. He believes most successful traders think longer term—not about time frames but about how each trade, day, or week fits into the bigger picture of what the trader is looking to accomplish.
From an early age, David Hale had hustle in his DNA. At just 10 years old, he was sneaking into casinos to play slot machines. By 11, he was betting on horse races. And before long, he was hunting for arbitrage opportunities in baseball card values. Inspired by his bargain-hunting mother, David developed a “value-player” mindset that would eventually spark a deep fascination with trading the markets.