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Don’t Be Careful, Be Competent

There’s a behind the scenes clip of Tom Cruise filming some amazing stunts for the next installment of the Mission: Impossible franchise, in which, as he prepares to ride a motorcycle off a cliff, he tells the stunt crew “don’t be careful, be competent.”

I think this is a great mindset for traders and investors to adopt. If we want to have success, taking risks is unavoidable. While boldness and belief in yourself may help you take initial action, it is clear minded confidence that will result in lasting success.

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