I’ve noticed that almost all my conversations about improving an aspect in life, whether that’s your finances, health, or relationships, always revolve around the skill of awareness.

Think about it. The other day I was talking to a friend about how I’ve been consistently earning money in the stock market for several years. He lost a lot of money this year with crypto trading and chasing meme stocks so he asked about my process.

I talked about how I don’t do any of that stuff and only stick to stocks I know. I use a combination of passive investing with the majority of my money, and I use a smaller amount to trade growth stocks. I call that the 90/10 rule. 

My trading method is mostly based on Jesse Livermore’s system in How to Trade In Stocks. Using that method, I’ve consistently closed trades with profits ranging from 20% to 60%. And I haven’t closed a trade with more than a 10% loss in two years. 

But reading that book alone will probably not make you money. As we were talking about the process of investing and trading, I constantly came back to the topic of awareness. For years, I’ve observed myself as I was investing, or at least, as I was trying to invest. Without awareness, I wouldn’t learn as much as I did.