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EP15: This Mindset Shift Made Me Ultra-Rich!!!
Do you want to know the secret to Somesh's ultimate wealth? Well, it's all about his mindset. Today, Somesh talks about the powerful mindset shift that transformed his life and made him ultra-rich. He discusses the two types of mindsets — fixed and growth mindsets — and why the growth mindset is more important than the fixed mindset.
In this episode, Somesh discusses:
- Two different types of mindsets: the fixed mindset and the growth mindset
- The importance of adopting a growth mindset for trading
- The difference between the fixed and growth mindset
- Somesh’s journey of adopting a growth mindset
- Psychology of trading and mindset
- Four strategies to develop a growth mindset
Memorable Quotes:
"The fixed mindset people, they stay broke, and they're poor for life. The growth mindset people, they start exactly in the same spot with fixed mindset people, but what happens is they get better at the craft, and they get rich."
"The only way to learn is to learn from others' experiences and you're like, what if they can do it? If they can fail 1000 times and still go for the next time? I gotta keep going too."
"If you want to make money in trading, you need to try, you need to learn, and you need to update."
Resources:
Somesh S (@kay_capitals) on Instagram
Join The Day Trading Lords Discord
Join The Daily Trading Newsletter
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