¶ Maximizing Human Potential
Yeah , you come across as someone who wants to make more of their life than just what people see . Yeah , where did you get that ? From that innate thing you have ?
I think that I read a lot though you know I'm not going to associate what I'm saying with reading per se , but why I'm introducing reading in the sense that I read more about , like , the abilities of the human nature . You know , I delve more into philosophical books as well . You know I've read a lot of philosophical books .
That even stands from , like the argument of how man came onto earth . You know , not to drive this into religion and anything but the basic thinking of how things became , you know , and the fact that , okay , today we go to school and then your teacher teaches you one plus one and it's two right , and you have to accept it .
But did you ask yourself who created it ? Who started it ?
so you were questioning in life .
Questioning life , it's good , you know , I started with that strong cognitive questionings , you know , is he a dishonest Must ? I just accept it because it is , you know .
But through all those type of studies , I had seen men who had made the most out of their life within a short period , not necessarily in terms of monetary interpretation , but in terms of impact . We talk about Aristotle , we talk about the tales , we talk about the . You know so many great names that you can mention in the philosophy .
These are men that you hear stories of aristotle literally sitting under an apple tree , watching apple to fall , just to measure the inertia of the apple and the speed at which it falls . These are how did he think
¶ Philosophy of Stretching Beyond Comfort
about that , you know ? So that's like somebody who has maximized their potential in life , what they came for . So I watch myself . I like what am I even here for in the first place ? Like the life that we are living here on earth , what are we here for ? And then , as a young child , you grew up in an environment where people are inspiring .
You become a doctor , become a pilot , become this , become this . Of course , from a childhood I thought I would become like a pilot , and then it became like architecture , and it became different , different things .
And so finally , like you know , yesterday I was having a conversation my wife , I was like , do you think that , out of all the guesses that you know our parents and their friends would have about , oh , my daughter become a doctor , to become a lawyer , do you think any one of them would have thought about what I am today , like a trader ?
Okay , today , and probably never , you know . So that aspect of wanting to max out life and its potential is something that you find more with me and even more replicated around my friends . You know , have friends who are almost like , very reluctant and then feel like , okay , you're doing well , we are friends , we are buddies , you're traveling .
It's easy for me to buy a ticket for friends , easy for me to accommodate a friend or pay their rent , but I know that , no , you have something in you and you got to explore that thing in you .
So with me it's like maximizing the human potential and then , before I even transfer it to somebody else , I must , I must make sure that it's practical in my own life , you know . So I go to the extent of stretching myself in everything . Sometimes I get complacent . Quite . Recently I found out myself I also do inner searching .
You know , I sit down , I'm like , okay , I have a house , have cars , have this , I've left all these things in Dubai . I'm just here , like , why am I just wanting more ?
Probably , okay , I should just quell up in my space and then I think about the fact that god gave us a life to not be content with something when you can actually perceive increasing life . You know , the more you make , the more he is happy . You know , that's also one part of my philosophy .
And then , the more you're able to impact people , you know , I don't want to sound religious here , but in the , in the , in the on earth or in the kingdom or whatever it is the more you have money , the more you can actually stretch your hands and impact . So it's like if I settle , my impact or reach is just limited .
If I settle and say , okay , I'm happy , it's okay , let me just relax . So if there is room to stretch it out and make more , why not do that ? And that's just like , personally , my philosophy of life .
Dude , I just love everything you're saying
¶ Self-Development and Building Character
I mean you could tell from my visual expressions that it sounds so sweet , because when I discovered self-development , it changed my life . Now I think we were speaking earlier and I said , look , this is what the average youth in Ghana to search , because , wherever you're gonna place yourself , if you are built , you can understand whatever you want to understand .
If you're built , you can stand through through many . You know issues that you face in your life .
Trust me , you know and we are getting issues like people stealing , people , um , telling lies from the basic levels all the way up to you know , the senior levels in life , and it's all because you know people are not set on the path of development from younger age . I agree with you .
So I definitely do think that people should listen to connected minds and let's see they really should hopefully some people you know , take a , take a turn now . It's interesting . You spoke about reading . Yeah , because that was my next question .
I saw some pictures and I thought this guy must be an avid reader and my first question was what was the first trading book
¶ First Trading Books and Technical Analysis
you read ? First trading book .
Well , I even actually remember . If I want to be very honest , because because I started off with a lot of pds , like I told you , just to learn the basics .
Okay , if I really want to be honest about the serious books that I started reading to shape my mind towards the trading , I think I just saw one behind you which is like trading in the zone yes yeah , I'd say that's like my professionally first trading book that I read , obviously without mindset .
You cannot , you know , start out as a trader at all , you know . And then that was like the book that I read , cover to cover , you know , to get like that mindset shaped for , for trading , I added , and that I've read so many other technical books as well .
So when I was looking for that book trading in the zone . I wanted a hard copy and at the time the only two two copies were available on amazon when I was looking for it and I actually had to get this from the us , even though I was in the uk . It cost me 150 pounds . It's hard to get together , especially hard copy .
It's very hard to get so I hold it very dear to my , to my heart . That book has a lot of things forget even about the trading right , the mindset so .
So now tipping something now . I think this reminds me talking about um trading in the zone , which is specifically tailored towards psychology , right . But now I remembered exactly the first technical analysis book that I read in terms of trading . It's called technical analysis of stock trends , right , by edward and maggie .
Now that was also in 2018 or 19 , right between 2018 19 . So I was trading for a friend , me and a friend . We had put our capital together to trade right and then fast forward , like to cut a long story short . We lost that money and when we lost it , it's like I must probably be doing something wrong technically or whatever it is .
So like I started questioning , again from my philosophy of life , like who started this ? You know the questions that we're asking . So I'm like who started this technical analysis per se ? Like where did it come from ? What's the whole idea about it ?
And doing my research , I realized that the founding fathers of technical analysis is the Edward and Maggie John Edward and I'm forgetting the other names , maggie . They have a book about 800 page volume , and then I stumbled upon that book , I did my research , got it and started reading , you know , and then they teach you .
It's like a dissect on me , off the market , you know , and then from there on I just had a good grasp of the foundation that I needed to to move on from there . So , coming back to that question , I put um technical analysis of stock trend first , before even trading in the zone . How do you think reading helps traders in the long run .
You see , I think also a while back , when we were speaking , you talked about you when you started your entrepreneurship , in 24 years or something , you were literally everything your accountant , your manager , your marketer . It's the same with trading . If you're a trader , you're your own accountant , you manager , your marketer . It's the same with trading .
You know , if you're a trader , you're your own accountant , you're a marketer , you're your risk compliance , you're your psychologist , you're literally everything . So if you don't read , then how you're going to be able to build yourself to satisfy all of those ? It's not as if you're going to employ five people to take care of each one of them . You know .
So you need reading , you need to read to become all of it . You know , and it's just how it is if without , without in-depth reading , you're not going to understand your own mind , you're not going to understand .
You know the discipline that comes with following this , proper risk management and then just generally , everything that needs that you need to become a successful trader . I think one thing that most people miss , especially at the retail level , of why they are not almost successful , is these things that we're speaking about ,
¶ Reading's Role in Trading Success
because at a professional level , they have people assigned for those roles . There's no banker or analyst on the Wall Street who doesn't have in terms of the firm , don't have a psychologist , don't have a risk compliance , don't have whatever role individually that you can just walk up to and say you know something . You even need to walk up to them .
They already watching your trading activity behind closed doors and they can walk to you and say , hey , why are you over risking this or why are you doing this , but for a lone man in my room you probably have only your wife coming to see why you're very scared you have nobody over watching you .
And once you're the human nature , you have nobody over watching you . You are easily susceptible to going overboard . So I think that's also one aspect that makes I love that .
I love that . But when you were speaking from your beginning to now , you haven't spoken about mentorship . Yeah , now I know you mentor a few people . Yeah , but how important do you think mentorship is as a beginner trader
¶ The Crucial Importance of Mentorship
?
so uh , there is this , um , there is this . All I've been said , like . We call it um , sensitization or whatever it is . You know , it's like a trend moving around placing less emphasis and priorities on mentorship , right ? People regard okay , this person is mentoring and then that's like their main source of income .
You know , whoever is mentoring right , or these mentors , they're not going to teach you anything . Go learn it on your own part . It's like something in that ecosystem of trading , right ? So when it comes to that , it's like you have to find a balance . Me standing as a trader and as a mentor and then finding that balance is more like .
If you really want that mentorship , fine . And then , at the same time , my doors are really not open to anybody , because I really understand what it means to mentor somebody . You know , mentorship goes beyond just like finding a person's program or course and then learning their technicality okay , this person mentored me . You know , that's extremely limited .
You can find anybody's course anywhere . You know , mentorship is building that interpersonal relationship and even to the standard person , telling you what to even do with your first big break , that's somebody you can see this person is mentoring me . You know , like I told you earlier , I had like in terms of della I had .
I'd never open up any chats to tell him that , do this , do this , but he always calls me his mentor . You know why ? Because of the type of relationship that we have , the type of things that I share with him , type of thing that I've opened up to him that probably the world would never know , you know .
And so if you really have anybody and I have mentors , not in trading , but in different spheres of life , in properties , probably any any big name you can mention in in ghana in terms of property I have a very direct relationship with them and I and I learn under them , you know , and then I serve them if they need me .
You know , in a very humble manner , not as if , okay , I can rub shoulders with anybody , but that's like mentorship . You know , I've had people who I look up to and the moment I got in contact with them , my whole idea is like I'm coming to serve this person .
But perhaps , maybe because of my social media repute , they're like okay , do you want us to do a project together ? Do you want us to collaborate ? Is that why you're getting in touch ? I'm like , no , that point .