Do you know the Key to Success? Check out the latest interview with Ryan Moffett on Two Blokes.
Ryan Moffett, Blackpier Capital's lead portfolio manager was asked to be on Two Blokes Trading to discuss the topic of failure and how it often is the key to future larger success. Click the Two Blokes Logo Below to Listen.
101 - Failure; The Key to Success Interview With Ryan Moffett This week on episode 101 of the Two Blokes Trading podcast: We learn that you need to fail to succeed with our guest Ryan Moffett.
Main Topics Discussed:
A journey of 3 key failures that shaped Ryan into the trader he is today.
Zero results and a ton of time is the price to pay for exponential progress.
Being a trader is a journey of failure!
You need to be ready and have experience before you put any risk in the market.
Why traders have such high expectations.
The things that matter in trading are not the strategies!
How training to become a professional baseball player laid the foundation for Ryan’s success.
Deliberate practice is how you get great at your craft….Go Google “deliberate practice” now!
Creating habits of work make it hard to stop pushing.
If you are going to get better at anything, fail more often!
Having a plan is not easy but is necessary.
That moment you realize your life is not working…but you have a vacuum hose in your hand….listen to find out the conclusion!
Why having a supportive spouse is key to your success.
When you know WHY you want to do something, the HOW is not that hard.
You need to get into the fox hole with someone you trust.
Judge your results on the process not on the money you make (or Lose).
Paul Tudor Jones “You are never hoping, you are always trading”.
A successful trading foundation that was built on epic failure.
Trading uncorrelated asset classes eliminates 80-90% of your risk and your return goes up.
How to define market environments.
Generally, strategies make money through volatility or leverage.
Having different strategies that do well in different markets is key.