Welcome to another new week.
Today's email is inspired by a podcast I was listening to. The discussion was about how poker players put down a million dollars for a tournament.
The guest on the podcast was a sort of mindset specialist or coach for poker players, fighters, and Olympians. What was striking for me was the discussion about playing the trade and the long-term strategy.
The truth of the matter, casinos lose money to the players. However, they have a strategy that is long-term. It is about playing the people. Their strategy is to play the trade and to play the longer strategy.
As a trader, you need to have a mindset like that of a casino. You've got to think like a bookie. One bad trade doesn't define you or your trading. It just forms part of your overall strategy, which is precisely how bookies think - you can learn a lot from that.
Bookies have a strategy. Olympians have a well-mapped strategy that takes years to master and receive a well-deserved medal.
Today's video is about what kind of long-term strategy you should have for your endgame as a trader. Watch the video here https://youtu.be/UEqVfsGXk5c
Remember, we are here to teach you, inspire you how to improve on your endgame. If you have any questions, send us a line, and we shall get back to you with the guidance you need. Also, if you have topics or questions you would like us to cover, send them our way.