You’re about to try something new, exciting, and down right terrifying. Let’s face it, even though you have a system for trading and are removing the gambling aspect, you still get a rush of emotion when it comes to trading in the U.S. Stock Market.
A new student, likely feeling these emotions, asked us for some of our favorite verses or quotes regarding money. We collected them from a few of the TRADEway leaders and team members and wanted to share them with you for your encouragement.
David Mitchell – Founder/Chief Executive Officer Matthew 25:14-30 – Parable of the talents: God rewards the risk takers.
Katie Huber – Chief Operating Officer Proverbs 13:22 – The importance of laying aside for your family.
Jen Calvert – Vice President of Accounting Genesis 1:1-Revelation 22:21 – God blesses those that fear Him.
Dave Huber – Executive Vice President Jeremiah 29:11 – God has your best interests in mind¬. Philippians 4:6 – Don’t worry, trust God.
Jenny Taylor – Administrative Assistant to the CEO Proverbs 31 – Be virtuous
Mark Buchy- Chief Compliance Officer An old Jewish Proverb – “Wealth is a shadow, you cannot turn and chase it, rather move closer to the light and it will follow.”
If you read all these verses, you might see a common theme. Most of them have more to do with mindset and spiritual walk than anything else. Remember when we told you that stock trading is mostly mental and only minimally skill-set?! Take it from those of us who have been in this a long time. Making sure you are in a good state of mind (and especially the right spiritual state-of-being) is an important part of your trading.
Just this morning there was an article on yahoo finance that mentioned a common theme about the wealthy that sets them apart from the middleclass: They deal with uncertainty much more calmly than others. What better way to achieve this than to know that our Savior, Jesus Christ, is in control and to make that our focus as we attempt to learn how to better manage the money He has given to us?!