To succeed in finance, work on your mindset first, then have a good understanding of risk and then learn about trading. You also need to have good risk management strategies.

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Keep on acquiring new skills and improving yourself because new things are coming up in the finance industry all the time. Always have an exit strategy and know when to execute it.

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In the world of finance, most of the theories that we learn cannot be applied consistently. Cash flow, not cash, is king. Cash flow is a company’s most important asset.

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Luck plays a big role in your life, but it comes at different times. It doesn’t mean that you will always be unlucky. So, you have to be prepared for it. Be mindful of your ego. It could ruin your career in finance.

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Learn more about the human/soft side of the business because that is one of the most important aspects of business success. The world of finance is not science. There are models and theories in finance but not laws. Focus on continuous learning and development.

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Being able to condense ideas into a short and succinct description is better than just being a spreadsheet expert. The socialization side of things is very important in this industry, make friends and keep them.

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When you are new in your career, it is time to enhance your skills. Whenever a chance to get further knowledge comes up, go for it. Be open and flexible to new areas.

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