A Trader’s Mindset

A Trader’s Mindset

I am asked all the time by Traders: “What does it take to be successful at trading? Is there a particular strategy I should use? Do I need to have more money? Do I need to have a lot of experience?” And the answer to all of these is a big...
Your Wealth Building Team

Your Wealth Building Team

Building sustainable wealth is the main focus here at Wealth Builders HQ.  Rob Roy, founder of Wealth Builders HQ, continually encourages students to write down a trading plan and a business plan for your trading business as an important part of wealth building....
Price versus Value

Price versus Value

Many frequently use price and value to mean the same thing. As wealth builders, let’s start with a definition. Price = the amount of money required in payment for something. Value = the importance, worth or usefulness of something. These are abbreviated...
Grade Your Trade

Grade Your Trade

As traders, we know we should have a trading plan which is frequently different than an overall business plan.  Then we know we should journal our trades so that we can learn from the mistakes or poor choices and refine our trading skills. This continual review also...
Three Stages of Trading

Three Stages of Trading

When we start our journey in the world of trading the financial markets, we set up our accounts, fund them and start practice trading.  Slowly (not always) we move into funded trading after achieving a modicum of success in a practice account.  Many times it feels...
Pay Yourself First

Pay Yourself First

Heard this before?  How do you Pay Yourself First? Here are some tips. 1. Consider needs versus wants before spending your cash 2. Use direct deposit and automatically transfer a portion to savings first before paying bills. 3. Pay bills on time to avoid late fees. 4....