152: How To Motivate Yourself To Trade For A Living (@newsomenuggets)
How To Motivate Yourself To Trade For A Living
In episode 152 of the Desire To Trade Podcast, I interview Jerremy Newsome, full-time trader, CEO and co-founder of RealLifeTrading. We discuss hacks & mindsets you can use to successfully trade for a living.
One of the tough aspects and tough parts when it comes to achieving something great is to be motivated daily and to be able to achieve your goal no matter what you think. I interviewed Jerremy a few episodes back (episodes 113 and 148) but today we talk about his history, what he went through and how he kept pushing no matter what happened.
In this podcast, Jerremy talks a little bit more about everything he faced and how he was able to get back. This is really inspirational if you're struggling with achieving your goals at this point or if you've been facing some tough times. Jerremy is the man. I’m almost 100 percent sure you’ll like this episode.
Topics Covered In This Episode
- Who Jerremy is and what’s going on in his life [1:21]
- How Jerremy made the decision to trade for a living and how he started to learn [3:22]
- How trading is one of the easiest things you can do but it’s also difficult [12:44]
- How he moved from the simple stuff and create a system of rules [13:58]
- A point in Jerremy’s life where he realized trading was not too exciting as it appeared to be [16:41]
- Hard times in trading and hitting rock bottom, and how Jerremy got back up [18:58]
- What kept Jerremy pushing [24:38]
- How Jerremy changed his mindset to trade for a living [27:34]
- How Jerremy stays motivated every day to keep going as a full-time trader [29:55]
- What the sensible approach to follow with only a few hundred dollars to trade is [33:21]
- What keeps Jerremy out of the bad trade [40:40]
- Thoughts on trading cryptocurrencies [41:56]
- Motivation and making reading books a priority [43:31]
- Picking a book and applying it to your life [46:44]
- His advice for people with money [53:30]
- And many more!
Jerremy Newsome – Book List To Trade For A Living
- Money And The Meaning of Life by Jacob Needleman
- You Are A Badass At Making Money by Jen Sincero
- MONEY Master the Game by Tony Robbins
- Sell Or Be Sold by Grant Cardone
- Be Obsessed Or Be Average by Grant Cardone
- Winning The Rat Race Without Becoming A Rat by Dr. Kevin Leman
- Tools of Titans by Tim Ferriss
- Recommended: Think and Grow Rich by Napoleon Hill
DesireToTRADE Top Resources
- Desire To TRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist (free checklist!)
- One-Page Trading Plan (free template!)
- DesireToTRADE Academy (exclusive training program)
How To Find Jerremy Newsome?
What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!