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Self Believe And Optimism Breaks Through Cynical Trading
Ben Needles
No matter what path you take in this life, there will always be people who will tell you it cant be done, cant be done by you, or that its too good to be true and that you need to get your head out of the clouds. Trading isnt for everyone, and there are plenty of people who hopped online, especially in the early to mid nineties when some of the individual accounts were being so publicly pushed.
Once on the train, they failed, gave up, and ultimately decided that they were no longer interested in trying to live out their fairy tale dream. It is interesting how people believe that their failure followed by a decision to quit means that universally it just cant be done. Perhaps it is just a general dislike that most people have when it comes to evaluating themselves honestly and a refusal to acknowledge that they gave up on themselves.
There are plenty of traders out there who are failing at the moment. Many of those traders will end up quitting on themselves when their accounts start to get too low or they feel they have invested too much time. Alternatively, there are plenty of traders out there who just want to give it another go, who believe that if they keep applying the skills, they can eventually master them.
The biggest difference between someone who keeps on going and learning and trying and those who give in and give up is faith. Those with a great deal of self believe and the faith that if just one other person in the world can do it, so can they are the ones who end up making a good living trading. Those who decided it couldnt be done are missing out on the fact that there are enough people doing it to prove that is not the case.
If you want to trade for a living, then youre going to have to develop a little self belief and a lot of optimism. Otherwise you may as well run back and see if your old job is still available. If trading ends up to not be your passion and you find you arent happy in the field, then thats great. You learned something. But if you give up because you decided that it simply couldnt be done, then you have given up on more than just financial reward. Youve given up on finding the one thing that really motivates you to push ahead and to keep moving toward financial success.
Success, whether financial, emotional, or otherwise, is not exactly a breeze. There are plenty of people who jump into their desires only to find out in the end that it took more work than they initially thought it would and so they opted to pull out of it. There are others who are willing to stretch themselves very far to find the types of success that are highly important to them. It doesnt make one person better than another. It is just a strong statement of belief offered up by a participant.
Moving forward toward your goals is going to present a learning curve no matter what you do. Nobody leaps right in with all the knowledge and self trust that they need in order to perform the skills perfectly. If it worked out like that, everyone would trade and there wouldnt be anyone left to provide other services in the world. Trading is a chronic process of growing and learning.
It can be hard to tune out the cynics, especially when they are family members or those who say they really care about you. But listening to the cynical rationale doesnt provide you with the insight, the motivation, the optimism, or the self belief that is required to get to where you want to go. Deciding that you can make your own decisions, that you can walk your own path, and that you can handle the consequences both good and bad as a result of that decision is more likely to catapult you to where you want to go.
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