# Stage 2: Business of Investing The essence of Stage 2 is that it requires an emotional and mental paradigm shift. It’s fine to view your investing as a hobby, but now I challenge you to embrace the mentality of a *professional* investor. Treat investing like a business. *** [Tensile Trading: Stage #2 Finding Probability Points: Investing like a Business ](https://stockcharts.com/articles/journal/2013/08/tensile-trading-stage-2-finding-probability-points-investing-like-a-business.html)\ We investors are always searching for extra “probability points” which will increase the likelihood of us trading... [Olympic Caliber Investing ](https://stockcharts.com/articles/journal/2012/07/olympic-caliber-investing.html)\ I’ve been teaching college extension classes for over ten years, and I invariably see a disproportionate percentage... [My "Perfect" World ](https://stockcharts.com/articles/journal/2012/09/my-perfect-world.html)\ Trading the stock market is not the blood sport that many in the press portray it to be. That sentiment is... ## Wisdom, Fundamentals, Professionals [Gerald Loeb's Timeless Wisdom (1899-1974) ](https://stockcharts.com/articles/journal/2013/05/gerald-loebs-timeless-wisdom-1899-1974.html)\ I’m sure you’ve heard the expression, “the more things change, the more they stay the same.” Gerald Loeb used... [The 10 Essential Fundamentals for Both Car Enthusiasts and Investors ](https://stockcharts.com/articles/journal/2013/05/the-10-essential-fundamentals-for-both-car-enthusiasts-and-investors.html)\ To make a broad generalization, European cars lust after curvy roads. American cars are more about the power... [Two Traders Talk: Candid Insights Over Lunch ](https://stockcharts.com/articles/journal/2014/04/two-traders-talk-candid-insights-over-lunch.html)\ Trading the markets is basically a solo adventure, and since the markets here in Seattle close at 1:00 PM... [What a Professional Investor Learned from 4 Professional Race Car Drivers ](https://stockcharts.com/articles/journal/2013/07/what-a-professional-investor-learned-from-4-professional-race-car-drivers.html)\ I just spent a couple of days in Utah at Ford’s Performance Racing School being tutored by four highly accomplished... [Investorship, like Citizenship, Must Have Parameters ](https://stockcharts.com/articles/journal/2016/07/investorship-like-citizenship-must-have-parameters.html)\ “Friends don’t let friends drink and drive.” We have all been exposed to this public service advertisement... [Your Survival and Success As An Investor Depends On This ](https://stockcharts.com/articles/journal/2016/02/your-survival-and-success-as-an-investor-depends-on-this.html)\ “The way to pick an investor’s pocket is through the ear.” – Jason Zweig There is a direct correlation between an... [7 Reasons Why Investing/Trading is the Best Pastime in the World ](https://stockcharts.com/articles/journal/2016/05/7-reasons-why-investingtrading-is-the-best-pastime-in-the-world.html)\ Trading the stock market is not the blood sport that many in the press portray it to be. That sentiment is... ## Vacations and Boundaries [The World's Greatest Hobby: Trading in Hawaii](https://stockcharts.com/articles/journal/2012/05/the-worlds-greatest-hobby-trading-in-hawaii.html)\ I’m sitting on the lanai of a condo here at the Mauna Kea on the Big Island of Hawaii watching the sun peek above... [5 Rules for a Great Vacation ](https://stockcharts.com/articles/journal/2013/08/5-rules-for-a-great-vacation.html)\ What do screensavers look like for people who actually live in Hawaii? That’s a question I’ll ask next time I... [Ten Holiday Vacation Lessons from This Trader's Experience ](https://stockcharts.com/articles/journal/2016/12/ten-holiday-vacation-lessons-from-this-traders-experience.html)\ At this time of year, it’s one distraction wave after another. Admit it. Your investing efforts take a...AM [Get Inspired, Get Profitable, Get a Vacation ](https://stockcharts.com/articles/journal/2017/08/get-inspired-get-profitable-get-a-vacation.html)\ It’s been my experience as a full-time trader over the decades that investing muscles need to take a vacation... [Do Investors Love Their Children Too? ](https://stockcharts.com/articles/journal/2017/09/do-investors-love-their-children-too.html)\ The Public Relations industry has crisis simulation firms that actually come into corporations and compress a... ## Conferences and Networking [Why I Go To Investment Conferences ](https://stockcharts.com/articles/journal/2013/10/why-i-go-to-investment-conferences.html)\ I’m off to a conference this week for the International Federation of Technical Analysts (IFTA). Why am I... [Key Take-Aways from the 67th CFA Annual Conference: Part I ](https://stockcharts.com/articles/journal/2014/05/key-take-aways-from-the-67th-cfa-annual-conference-part-i.html)\ During my investment life, I’ve attended well over 100 different conferences and seminars. The Chartered... [Key Take-Aways from the 67th CFA Annual Conference Part II ](https://stockcharts.com/articles/journal/2014/05/key-take-aways-from-the-67th-cfa-annual-conference-part-ii.html)\ In a previous blog, I labeled the four-day Global Chartered Financial Analysts event in Seattle as the ‘gold... [How I Get Re-Energized as an Investor ](https://stockcharts.com/articles/journal/2014/08/how-i-get-re-energized-as-an-investor.html)\ Donald Trump was quoted as saying “Get going. Move forward. Aim high. Plan a takeoff. Change your... [How to Invest with Your Own Pit Crew ](https://stockcharts.com/articles/journal/2014/08/how-to-invest-with-your-own-pit-crew.html)\ You wouldn’t ever try to change the tires on a moving car, would you? You wouldn’t go to a dentist who hadn’t... [After 17 years, A Financial Journalist Discloses His "Top Investing Lesson" ](https://stockcharts.com/articles/journal/2017/02/after-17-years-a-financial-journalist-discloses-his-top-investing-lesson.html)\ After seventeen years writing an investment column for USA Today, Matt Krantz is joining a money management firm and... [Climb a Mountain, Beat The Market: What The Mountaineers "Essential 10 Checklist" Can Teach You About Investing ](https://stockcharts.com/articles/journal/2019/06/climb-a-mountain-beat-the-market-what-the-mountaineers-essential-10-checklist-can-teach-you-about-investing.html)\ The mountaineers “Essential 10 Checklist” is seared into the memory of every serious hiker and climber. Why? Because...