{"id":40731,"date":"2015-05-06T17:36:43","date_gmt":"2015-05-06T21:36:43","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=40731"},"modified":"2023-04-25T12:46:31","modified_gmt":"2023-04-25T16:46:31","slug":"the-education-of-a-trader-growth-mindset-video","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-education-of-a-trader-growth-mindset-video","title":{"rendered":"The education of a trader: growth mindset (video)"},"content":{"rendered":"

Hello Mike,<\/p>\n

I hope this email finds you well.<\/p>\n

My name is Rayner and I’m a proprietary trader based in Singapore. I have a website www.tradingwithrayner.com which I update regularly.<\/p>\n

I am a big fan of your work and especially the book you have written One Good Trade. This was the first and only book that opened my eyes into the world of proprietary trading and what it takes to get good at it.<\/p>\n

Currently I’m interviewing traders whom I respect and value their work, and no doubt after your two books, you are definitely on my list.<\/p>\n

If it is not too much to ask, I would appreciate if you could take a few minutes to answer a very simple question.<\/p>\n

What is the #1 thing that is absolutely critical to a trader’s success?<\/strong><\/p><\/blockquote>\n

@MikeBellafiore<\/strong><\/p>\n

A growth mindset is the number one thing critical for a trader’s success.<\/p>\n

I highly recommend the book, Mindset<\/em>, by Carol Dweck, as an important read for traders\/investors.<\/p>\n

Trading edges come and go.\u00a0 The sustaining trader learns everyday so they can adapt when edges change.\u00a0 The elite trader maximizes their edge by trading it bigger and more often.\u00a0 There is no destination for the trader.\u00a0 There is just the perpetual quest to become your best trader and that requires embracing a growth mindset.<\/p>\n

*no relevant positions<\/p>\n