mardi 5 avril 2011

How a successful trader does face difficulties

A successful trader is, above all, a successful person.
Achieving success in life at a certain level is never due to fate.
And I’m not talking about being the first in sport or in a particular profession at world
level.
I’m simply talking about achieving results above the average or at an unusual level.
Average people get scared, feel fear, anxiety and frustration.
Successful people feel the same emotions, otherwise they would not be people.
The difference lies in the fact that facing the same feelings, successful people do
not give up.
Often people confuse enthusiasm for reaching a goal with a consciousness of the
result.
If I’m conscious of the result and of the goal I want to reach, I will remain focused on
it even in difficult moments when enthusiasm decreases.
If I live pushed by enthusiasm and not by determination and consciousness of the
result, a gust of wind coming from a failure or from any kind of problem will be
enough to shake my certainty together with my enthusiasm and everything that
follows.
Success is not 100% enthusiasm, and even successful people experience
discouragement but they do not give up disheartened in the face of an obstacle.
There are no obstacles that can stop successful people, and maybe this is the only
difference between a successful and an average person.
The approach of “start with a loss”
When I open an operation I do not expect to earn.
When I do open an operation I ask myself what I will feel if this operation loses and I
decide to accept this feeling from the beginning.
In this way I become conscious of the risk and I accept it.
The perception of risk is always higher than the real risk.
When a person is “risking”, he or she experiences feelings of “fear” that link the risk
to the conscious and unconscious memory.
For this reason, if I risk being knocked down by a car I experience a temporary
shock which, after the event, leaves me completely immobilized or makes me feel
sick with fear.
The “fear” remains and over time it will influence my future behaviour in relation to
similar situations, when it comes back to me or when I live through it again in the
future.
When you lose or risk losing, you also experience a “fear” that will go with you in
your conscious and, above all, unconscious memory.
You will live through this uncomfortable feeling again every time you risk losing
money and this quite heavy, unpleasant feeling could provoke a reaction of refusal
to trading, where every day and in every single operation you risk losing money.

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