Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.
Are you gambling or are you trading? When it feels good just to look at the charts, you may have an addiction, a trading/chart addiction.
Gambling - take risky action in the hope of a desired result.
Gamblers want it NOW
Traders know it will take time. (Delayed gratification).
Gambling addiction vs trading addiction
If you label yourself a trader...DELETE the word “GAMBLING” from your dictionary.
If you use this word, you are already skewing your strategy.
Gambling can be emotional decision making.
High risk over a short period of time. In hopes of high reward
Trading is minimizing risk over time while increasing your profits.
There are professionals in both fields and there are amateurs
Which role do you fit in? Amatuer gambler/ trader, professional?
Showing the difference between trader and gambler trader:
Traders is playing off of strategy while gambler is playing off of luck
How do you deal with losses? Blame the market/learn and move on
How do you deal with wins? Take the praise/learn and move on
Gambling - exciting
Trading - boring
Gambling stops at the table (pau go have a drink and celebrate or basking in your losses).
Trading continues after it’s closed (journaling/study/work).
Whatever we win, we will spend because it's “free money”.
Investing and gambling both involve risking capital in the hopes of making a profit.
We clarified the difference between gambling and trading.
Look back and if you find yourself doing gamblining tendencies, know where to change/improve.
Trading is a business. Be the professional. Take it seriously. Be wise.
Trade to compound your money over time. Don’t fall for the get rich quick.
Our mission: Cultivate & sustain profitable traders.
Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.
We aim to provide you a solid foundation, continuing education, and a resilient community of like-minded individuals after becoming profitable or funded.
For more information about Trading Education in Hawaii, visit some links below:
Network: https://hawai-i-trading-academy.mn.co
Website: https://bit.ly/HawaiiTrading
Podcast: https://spoti.fi/3wfbqF7
Youtube: https://bit.ly/HTAtube
Instagram: https://bit.ly/HTAig
Facebook: https://bit.ly/HTAface
Twitter: https://bit.ly/HTAtweet
Mahalo for listening.
Safe Trading & Stay Blessed!