Here is why you don’t want to miss our conversation:
1) Insight on Steve's strict morning routine 2) How he manages his mental and emotional state 3) Importance of gut feel in his trading process 4) His approach to risk management 5) A glimpse of his experience in March 2020
6) How to recover from a losing streak 7) The common mistakes traders make and how to avoid them 8) Why he's excited about crypto now 9) What the pandemic has taught him 10) How he approaches success as a long term strategy
In one sense, it has never been easier: we have never had this many tools and information at our fingertips.
But in another sense, it has never been more difficult: our brain is fatigued trying to attain signals from noisy news flows.
2/ As William James wrote, "We see, but we do not see: we use our eyes, but our gaze is glancing.
We see the signs, but not their meanings. We are not blinded, but we have blinders."
3/ Trapped behind our Bloomberg screen, frivolously searching for new patterns, we become isolated from everything, including our own increasingly abstract thoughts.
1) I’ve never understood why people love labeling themselves as contrarian.
What’s with such pride?
Contrarians are often in error but never in doubt.
2) In The Art of Contrary Thinking, written in 1954, Humphrey Neill said being contrarian is not not about simply taking the opposite view of the crowd.
3) Timing is important.
Contrary opinions are frequently wrong primarily because the crowd is right most of the time.