WITHSTAND THE STORM | Anthony Crudele Is Off The Charts
“I don’t need to kill it right now. I need to make sure I’m around for the next cycle that is favorable to my trading style.”
According to Anthony Crudele, most traders struggle because they are too short-sighted. He believes most successful traders think longer term—not about time frames but about how each trade, day, or week fits into the bigger picture of what the trader is looking to accomplish.
Meanwhile, outside distractions can be too much to overcome if we don’t have our “houses” in order. “A lot of my success comes when I don’t have a lot of outside distractions.” And it makes sense. Anthony talks about how what’s happening in your life affects your patience and your discipline.
And he knows. At too young of an age, he suffered a stress-induced heart attack that almost took him out of the game for good.
It was a wake-up call. “Just let shit go. So many people get consumed by this business and can’t get past the screens.” Anthony got to a level of frustration with trading and his health, saying to himself: “I don’t want to live this way anymore.”
He withstood the storm and came out on the other side as a better trader and, more importantly, a better human.
We talk to a lot of traders. Not just on this podcast, but across everything we do. And one thing that is common to most of them is some level of stress which must be routinely navigated. And it’s often a real struggle.
From an early age, David Hale had hustle in his DNA. At just 10 years old, he was sneaking into casinos to play slot machines. By 11, he was betting on horse races. And before long, he was hunting for arbitrage opportunities in baseball card values.
It’s hard to believe Denise Shull is a product of parents and grandparents who believed in “buy and hold” and wouldn’t even know how to sell a share of stock if asked to.
“I would not give a fig for the simplicity on this side of complexity, but I would give my life for the simplicity on the other side of complexity.” ~ Oliver Wendell Holmes
Reinventing your career after 20 years is no small feat. Now, imagine trying to do that by becoming an active trader. That’s exactly what Andrew Moss is doing—but he isn’t going in blind.
Among the many things that stood out during our conversation with David Lundgren, it was this quote: “I want to find a way to listen, and learn, and get a little bit better every day.”
