Warrior Trading Blog

Identity Is What Catalunya Is All About – Traveling Trader Episode 3

Here I am, at the end of my third stop of this surprising journey of mine. This time I am in Barcelona, right in the heart of the Catalunya region of beautiful Spain. As you may already know, there is a lot of talk about the independence in this region with a strong movement pushing for it.

 

With that being said, I’m not here to judge whether they are right or wrong and, as a matter of fact, I don’t even have a passionate interest about it. So, why has it been important for my experience in the city? Because this whole idea of independence has reinforced the idea of having strong self-identity which has emboldened the perception of knowing who I am.

In fact, by being true and honest with ourselves, we can fully understand what we are made of. That is what gives us identity. And that’s the only way I’m living my life, instead of someone else’s. This was the message that I wanted to pass to Albert, an 18 years old trader that I was fortunate enough to meet during my stay in Barcelona.

The Most Magnificent Piece of Art is Under Construction

I found that talking with Albert gave me back more than I could have possibly anticipated. It was really surprising to me witnessing how much wisdom he carries, despite his young age (I guess you’ll get exactly what I mean as soon as the TRTR video comes out on the WarriorTrading YouTube channel here). So, it has reminded me not to judge people by the way they appear, or even by their age! There is a great future awaiting him because he is committed to having the patience and discipline required to achieve greatness, rather than looking for a delusive overnight success.

And this one concept is actually living right in the heart of the city as well. In fact, the Sagrada Familia is the most iconic monument of the whole country and one of most visited architectural sites of the entire world. And guess what? It is still under construction! It was started in 1885, more than 130 years ago but it’s still years away from its completion.

This is what taught me that, in order to build something great, a large amount of hard work, discipline and patience is required. Long term mentality is what really makes the difference for consistent results and the Sagrada Familia just reminded me of this one precious lesson.

“Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.” – Warren Buffett

See you in the chat room!

Trade safe,

Roberto Barbaro