Second Level Thinking

We introduce to you Episode 16 - Second Level Thinking. Why do people consider Warren Buffet the greatest investor and how likely it is for a man to sleep with 10,000 women? Mr. Stoykov teaches us the importance of being our own advocate and prosecutor at the same time.

“Peak of Mount Stupid”. At some point of our lives, we’ve all been there. Or will be. It’s highly unlikely we will get away with spending 100% of our net worth on a car. Some (🙋‍♂️) will even borrow money to do that. Either that, or some other stupid thing. Practically unavoidable. And that’s alright. Stay tuned and soak the advices Mr. Stoykov has to give in order to get out of the “Valley of Despair” https://imgur.com/IE5HGkU

We talked about Gross Elements with Mr. Stoykov in Episode 11. It's time to take a deeper dive into Fine Elements. The need to embrace the fact that in the long run, 50% of the time, we will be LESS than happy no matter what we do; the realization that we over exaggerate about many things on a daily basis; and much more. Stay tuned for the whole episode and make sure you give it a second listen.

You can spend thousands of dollars on seminars and take notes from successful trading gurus who teach you how to handle losses. Join the herd. But in this episode, Mr. Stoykov teaches us how to handle wins. Wins are capable of setting us off much easier than losses, without us even realizing it, until it's too late. Stay tuned for the entire episode to find out more.

From tracking your sleep, fasting, exercising, starting your day with appropriate music, Mr. Stoykov tells us why these little habits can stack up together and make a difference in our lives. You cannot have a sustainable trading (or any) career if you go against your body and soul. A brain surgeon shouldn't get drunk the night before a surgery, so why should a trader do that? Food for thought.

"I never lose if I have a good excel spreadsheet" - N. Stoykov We might not like it, but a lot of things boil down to simple statistics. Sleep IS important, but how can we possibly know whether we sleep good or not? It's not something we "feel" on a weekly basis. Mr. Stoykov is here to explain the importance of healthy habits and why we need to track our sleep.

What number comes after 5-10-20? If you answered 40, that's a fair presumption, but in reality there's 0% chance of that being the case. In this episode Mr. Stoykov tells us why trading is the most difficult thing he's done in his life and why a successful trader needs to be an adult first.

We're surrounded by motivational speakers who highlight the importance of adding healthy habits in our lives. In this episode, Mr. Stoykov tells us why it's just as important to SUBTRACT unhealthy habits from our every day life.

A slight change in format offers our listeners to find out more about the podcast’s story. Mr. Stoykov is here to ask the questions, and Mr. Kirchev will be answering them. Let us know if you like these out-of-pattern episodes so we can include them every once in a while.

Mr. Stoykov is here to share his point of view on professional day/swing trading. Listen to the episode in order to find out the importance of back testing, technical vs. fundamental analysis, keeping a neat trading journal and so much more.