How My 7 Years Old Daughter Made Me Successful in Stock Market Investment?

Several members of my <a href="<a href="”>economy/”>investment club often enquired about my personal story of stock market <a href="<a href="”>economy/”>investment. Members requested me to share my lesson learned in stock trading and <a href="<a href="”>economy/”>investment to them for everybody’s benefit.

Let me share with you the most decisive moment of my life, which make me a successful stock market investor.

I have a big dream to make million in stock trading to fulfill my dream of 4-bedroom apartment on the beach, the red Ferrari, big plasma TV in an office overlooking the surf beach 12 floors below etc.

On that particular Sunday morning in April’92, while I was sitting at my computer studying the market, my daughter asked me when we would be rich so that we can enjoy family vacation at Greek Islands.

I looked at her eyes and found a simple question “Daddy, why aren’t we rich?”

I looked back at my past and realized I tried to create wealth for last 10 years but without a real success. My silent answer to my daughter is that I am yet to achieve financial freedom. I’m still trying to come out of rat race even though I survived October’1987 crash on black Monday somehow.

I did introspection and realized that I bought some shares that were going down and then didn’t sell them soon enough. I was in profit but why I didn’t really make the big money from stock market.

I started going through all the transactions to find out what went wrong.

I asked myself why I bought those <a href="”>stocks first. I started to analyze what triggered me to sell the <a href="”>stocks.

After some number crunching, I discovered there was no reason to buy those shares in the first place. I had no reason to hold on to them when they kept going down.

I learnt my first lesson in my <a href="<a href="”>economy/”>investment to ask the question why for every decision.

After some day, I reached my “Aha!” moment and I changed my strategy of stock market <a href="<a href="”>economy/”>investment.

I started by writing out my vision – what I wanted my life to look like when I became a successful trader and investor. Once I visualized end state, I started taking small steps to achieve my dream of earning millions from stock investing and option trading.

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