How To Develop Patience In Trading with Casey Stubbs, Ep #112
Play • 32 min

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine. He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  Helping others is at the heart of all that drives Casey on a daily basis. In this episode of How To Trade It, Casey shares his thoughts on developing patience when trading.  You don’t want to miss it!

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[00:47] What’s your motivation
[05:06] Getting rich quick
[07:00] Taking risks
[09:58] Being successful
[16:14] Perseverance!
[26:35] Knowing your set up

What’s Your Motivation?
Understanding why you do what you do is critical to your success.  When I was younger, I thought I was trading to make money.  It all seemed pretty straight-forward to me.  But, discovering the motivation behind my actions was a real game-changer for me.  

Taking Risks
There’s no question that waiting is hard.  We all hate it. Patience, however, leads to greater fulfillment in life and a better return in the markets too.  Unfortunately, one of the hindrances to patience is risk taking.  For some, there is a thrill associated with putting a lot of money on the line…again and again.  It can become an addiction, if left unchecked. When I was younger, I did all kinds of crazy stuff, even in my trading.  I was absolutely addicted to the thrill of taking the big risk.  In that state, patience doesn’t even exist.  

My goal as a coach and mentor is to get people from beginner to successful, in as little time as possible.  My team and I are working hard to solve that problem by helping others avoid the things that tripped us up in our early trading journeys.  Persevering through difficult times will help you learn valuable lessons and will grow your patience.      

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