Getting the Mentality Right

[] it’s the first step to becoming a real trader [View in browser]( [View in browser]( [] JULY 22, 2024 [] [] GROUND LEVEL INSIGHTS Getting the Mentality Right Welcome to our newly re-focused ProsperityPub newsletter! If you missed my introductory email earlier today, [you can catch up on it here.]( [] I’m Stephen Ground, and I’m thrilled to have you on this journey with us as we dive into the exciting world of trading and investing together. The first thing I want to talk about is mental. I know, boring, right? You want to get started trading with action-packed strategies. But wait — having come from where I've come from, I know that getting your mentality right is possibly the most important thing you can tackle when it comes to trading. Because if you're stuck thinking the stock market and trading are for "those people" and you're not smart enough or worthy enough, then it becomes the truth. As Henry Ford said: “Whether you think you can, or you think you can't — you're right.” So if you find yourself thinking that way, I want you to let go of that. Nothing that we're doing is more advanced than probably 5th-grade math. Now, I'm not going to say it's easy, especially if you're rusty. But it is possible! And hey — as long as you understand the concepts, that's why calculators exist! Trading isn’t just for the financial elite; it’s for anyone willing to learn and take smart, well-thought-out risks. Embrace the challenges, trust in your ability to grow, and let’s build a better trading future together. As I mentioned in my other email, I started with a tiny $800 account, and thanks to our experts and their trade ideas, I’m astonished to say it has more than tripled. If I can do it, so can you. It’s all about mindset and perseverance. And I’m here — as a beginner myself — to help teach you what I’ve learned and explain the concepts in ways that will resonate with you. Your potential is limitless, and this adventure is just beginning. Let’s make it happen! Looking forward to seeing you thrive, — Stephen Ground ProsperityPub Editor-in-Chief [] [] The PERFECT Way to Trade Gold? Gold has surged so far this year… even hitting ALL TIME HIGHS! But one trader warns: Before you place a single trade… Come see why “buy and hold” ISN’T the way to capture the biggest gains. He’s spotted a series of “acceleration cycles” that could far outpace “buy and hold.” [Click here to discover gold’s Acceleration Cycles!]( [] [] GEOF SMITH'S TAKE Turning Everyday Observations into Profitable Trades Friday I told you about [the time I inadvertently moved the market]( on a small stock that I had traded because my wife liked their clothes. The company was J. Jill. Well, about a month after that whole situation, because that trade was doing so well, I asked her to give me another company that she liked. This was back in 2000 — before online shopping had really caught on. In fact, she recommended it to me by sliding a print catalog across the kitchen table. This one you might have heard of: Williams-Sonoma (WSM). Anyway, so I start flipping through the catalog — it’s all kitchen stuff — and I turn to her. Before I can say anything, she says the same thing as when she recommended J. Jill to me: “It’s really good stuff!” So I go into the office the next day and decide to check the stock out. Turns out it’s and S&P 500 stock and it was trading just above $10. By now I’d learned my lesson and saw that the stock had more than enough trading volume. Checked Still, I placed a limit order (instead of a market order like last time) for $10.25 and got filled on 1000 shares. Just like with J. Jill , I immediately turned around and put in a sell order for 100 shares every $2 and eventually offloaded all my shares. So I got to thinking… you know this is working out pretty well. What other up-and-coming popular companies can I trade? So it was getting into the spring of 2001, for some reason the retailers were doing really well. I don’t know why, but the retailers just took off. So I started looking at retailers. I didn’t know a lot about retailers, but I noticed that when my kids’ friends came over, they all had a shirt with what looked like a moose logo where the breast pocket would be. So I asked them, “I notice a lot of you kids are wearing this brand. What is it?” They tell me it’s Abercrombie & Fitch. At that point, I had never heard of the company. So sure enough I go into the office the next day and look them up. The ticker symbol is ANF and it’s trading around twenty something dollars a share. I figured I had luck with the last two, why not? In fact, after I picked up shares of ANF, I found another similar retailer called American Eagle (AEO) and picked up shares of that. Both of them did real well for me. But I’m not telling you this story to brag. I’m telling you because if you remember [my Byrna (BYRN) story]( it all started with hearing about a hot new product or something that was gaining popularity. You might have heard the old investing advice, “Buy stock in companies whose products you like.” I like that advice, but with a twist. See, if you like a product made by Coke or Johnson & Johnson, it’s such a big company that there’s very little chance a single popular product is going to move that company’s stock. I like taking that advice, but only with small companies that have big growth potential. Like Abercrombie, which was just starting to catch a wave of teen buyers. Williams-Sonoma which was soon to catch the wave of internet retail. Today, that means a company like Byrna. When I discovered them less than a year ago, they were making just over $1million per year in revenue. That's a tiny company. And they have a unique product that I think is going to have a lot of demand — non-lethal firearms. You can imagine everyone from police departments to private security and even regular citizens just wanting something a cut above pepper spray will want to carry around their products. So that’s my trading advice to you today — look around you. See what’s popular and get curious. Find out who makes it. And if it’s a small enough company with a tradable stock — especially if it’s on a major exchange, consider picking up some shares. Imagine if you had noticed Netflix (NFLX) launching their streaming platform back in 2007 or 2008, before it was everywhere. That would have been one heck of a trade. — Geof Smith [] [] [] [] JULY 22, 2024 [] [] GROUND LEVEL INSIGHTS Getting the Mentality Right Welcome to our newly re-focused ProsperityPub newsletter! If you missed my introductory email earlier today, [you can catch up on it here.]( [] I’m Stephen Ground, and I’m thrilled to have you on this journey with us as we dive into the exciting world of trading and investing together. The first thing I want to talk about is mental. I know, boring, right? You want to get started trading with action-packed strategies. But wait — having come from where I've come from, I know that getting your mentality right is possibly the most important thing you can tackle when it comes to trading. Because if you're stuck thinking the stock market and trading are for "those people" and you're not smart enough or worthy enough, then it becomes the truth. As Henry Ford said: “Whether you think you can, or you think you can't — you're right.” So if you find yourself thinking that way, I want you to let go of that. Nothing that we're doing is more advanced than probably 5th-grade math. Now, I'm not going to say it's easy, especially if you're rusty. But it is possible! And hey — as long as you understand the concepts, that's why calculators exist! Trading isn’t just for the financial elite; it’s for anyone willing to learn and take smart, well-thought-out risks. Embrace the challenges, trust in your ability to grow, and let’s build a better trading future together. As I mentioned in my other email, I started with a tiny $800 account, and thanks to our experts and their trade ideas, I’m astonished to say it has more than tripled. If I can do it, so can you. It’s all about mindset and perseverance. And I’m here — as a beginner myself — to help teach you what I’ve learned and explain the concepts in ways that will resonate with you. Your potential is limitless, and this adventure is just beginning. Let’s make it happen! Looking forward to seeing you thrive, — Stephen Ground ProsperityPub Editor-in-Chief [] [] The PERFECT Way to Trade Gold? Gold has surged so far this year… even hitting ALL TIME HIGHS! But one trader warns: Before you place a single trade… Come see why “buy and hold” ISN’T the way to capture the biggest gains. He’s spotted a series of “acceleration cycles” that could far outpace “buy and hold.” [Click here to discover gold’s Acceleration Cycles!]( [] [] GEOF SMITH'S TAKE Turning Everyday Observations into Profitable Trades Friday I told you about [the time I inadvertently moved the market]( on a small stock that I had traded because my wife liked their clothes. The company was J. Jill. Well, about a month after that whole situation, because that trade was doing so well, I asked her to give me another company that she liked. This was back in 2000 — before online shopping had really caught on. In fact, she recommended it to me by sliding a print catalog across the kitchen table. This one you might have heard of: Williams-Sonoma (WSM). Anyway, so I start flipping through the catalog — it’s all kitchen stuff — and I turn to her. Before I can say anything, she says the same thing as when she recommended J. Jill to me: “It’s really good stuff!” So I go into the office the next day and decide to check the stock out. Turns out it’s and S&P 500 stock and it was trading just above $10. By now I’d learned my lesson and saw that the stock had more than enough trading volume. Checked Still, I placed a limit order (instead of a market order like last time) for $10.25 and got filled on 1000 shares. Just like with J. Jill , I immediately turned around and put in a sell order for 100 shares every $2 and eventually offloaded all my shares. So I got to thinking… you know this is working out pretty well. What other up-and-coming popular companies can I trade? So it was getting into the spring of 2001, for some reason the retailers were doing really well. I don’t know why, but the retailers just took off. So I started looking at retailers. I didn’t know a lot about retailers, but I noticed that when my kids’ friends came over, they all had a shirt with what looked like a moose logo where the breast pocket would be. So I asked them, “I notice a lot of you kids are wearing this brand. What is it?” They tell me it’s Abercrombie & Fitch. At that point, I had never heard of the company. So sure enough I go into the office the next day and look them up. The ticker symbol is ANF and it’s trading around twenty something dollars a share. I figured I had luck with the last two, why not? In fact, after I picked up shares of ANF, I found another similar retailer called American Eagle (AEO) and picked up shares of that. Both of them did real well for me. But I’m not telling you this story to brag. I’m telling you because if you remember [my Byrna (BYRN) story]( it all started with hearing about a hot new product or something that was gaining popularity. You might have heard the old investing advice, “Buy stock in companies whose products you like.” I like that advice, but with a twist. See, if you like a product made by Coke or Johnson & Johnson, it’s such a big company that there’s very little chance a single popular product is going to move that company’s stock. I like taking that advice, but only with small companies that have big growth potential. Like Abercrombie, which was just starting to catch a wave of teen buyers. Williams-Sonoma which was soon to catch the wave of internet retail. Today, that means a company like Byrna. When I discovered them less than a year ago, they were making just over $1million per year in revenue. That's a tiny company. And they have a unique product that I think is going to have a lot of demand — non-lethal firearms. You can imagine everyone from police departments to private security and even regular citizens just wanting something a cut above pepper spray will want to carry around their products. So that’s my trading advice to you today — look around you. See what’s popular and get curious. Find out who makes it. And if it’s a small enough company with a tradable stock — especially if it’s on a major exchange, consider picking up some shares. Imagine if you had noticed Netflix (NFLX) launching their streaming platform back in 2007 or 2008, before it was everywhere. That would have been one heck of a trade. — Geof Smith [] [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](