It wasn’t until Nik’s father suggested he get involved in High School Wrestling that he began to learn what drives him: Discipline, Regimen, and Humility.
For the first time in his life, wrestling gave Nik recognition. He liked it and knew the only way to maintain it was to go all-in.
From high school and into college at the University of Minnesota, wrestling taught Nik how to become the man who would soon enter the ring of Mixed Martial Arts and the UFC tour circuit.
And through it all, being scared was never an option. “I was fighting for survival.” He rarely felt pain in the ring. He was too present to even allow it to enter his mind. For nearly 20 years, Nik was not just an excellent fighter, but he was a survivor.
At birth, he was dealt a losing hand, having been raised as a young child in an abusive home. This manifested in Nik a mentality of having nothing to lose. This drove him to be hyperfocused on the tasks at hand to be the best he could be in the ring.
Inevitably, the time comes when a fighter has to retire from the game. When Nik discovered the markets, he knew what his next move would be. “If I can control myself, the Markets offer endless possibilities.”
To be successful in the market, as in fighting, “you have to deal with the person you are,” Nik says. One of his biggest hurdles in learning how to trade was his introversion, which he had to overcome to reach out to smart people in this new field so he could ask questions, form relationships, and grow. “If you’re willing to look like an idiot for five seconds, it’s often not a big deal.” And the rewards far outstrip the risk of putting yourself out there. All it took was honesty and humility, something Nik knew he was good at.
But he knew he once again had to put in the work. ”One in ten will not do what is required,” he said.
Learn how the art of fighting translates into the art of trading in this wonderfully insightful conversion with Nik “The Carney” Lentz.
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.”