By Yvan Byeajee
Reaching good fortune within the markets is not just in regards to the monetary rewards; it really is approximately ultimately being at peace with who you're. good fortune is a state of mind, effortless to think about, tricky to accomplish for the mere cause that it calls for that we begin pondering and behaving in a different way. the purpose of this brief “book” is to steer you at the route to reaching that good fortune. The truths I percentage with you're meant to encourage, motivate, and lead you in the direction of a happy and fulfilled frame of mind.
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Additional info for 200 Short Trading Psychology Truths
Maturity as traders is when we are able to detach ourselves from our ego. This liberates our potential to trade from a care-free mindset. 85. If you are trying to become a successful trader, there will be roadblocks. I've had them; everybody has had them; but obstacles don’t have to stop you. 86. Trading success is never permanent, and failure is never final. Enjoy the journey! 87. Trading should be made as simple as possible, but not simpler. 88. If there ever existed no possibility of failure, then trading success would be meaningless.
One thing I want to point out though is that desire is not to be confused with craving. I strongly believe there is a clear distinction between the two. Desire is an expression of longing. The pursuit of that which we desire gives meaning to our lives. Craving is an expression of neediness. When we are on autopilot and thus incognizant, we tend to crave things. When we remain centered in our awareness and consciousness, we can desire things and align our actions with our intentions so that both are in harmony.
Yet, we can improve our chances of those happening at some later point throughout our trading career by taking the time to prepare now. ‘Skills over money’ should be the beginner’s motto. If you keep an open mind filled with childlike curiosity, and if you cultivate an eagerness to learn and build your skills instead of putting your attention right away on the monetary rewards, you will be far ahead of the crowd. People often fail to acknowledge or realize the financial, emotional and time commitments that are required to build a successful trading career.