Failure

12 simple tips for a trader

The Power of Exercise The Sedentary Trader's Life Style, seems incompatible with exercise to many. But getting the necessary regular workloads is one of the most valuable investments in your own life.. Frequent exercise induces a flow of endorphins, which not only make you feel euphoric, but also improve mental clarity, and also stimulate the learning process. Exercise also helps maintain a stable energy level throughout the day.. It has been proven more than once, that physical activity is a very effective way to get rid of depression and a good way to increase life expectancy. What can we say about that, what will you look better! Start practicing! First, find something easy and doable.. It could be something like walking fast., any special program with push-ups and squats, jogging or light yoga. For those who love to travel, important to remember, that intense training can be carried out with your own weight, without barbells and dumbbells.

How to get rid of the burden of emotions

All last year Bob traded. He's still a rookie., but has already made hundreds of transactions. Today he's in The Long Onel.. He has a plan.. It manages risk. This deal does not stand out from its other positions.. There is no reason to somehow differentiate this deal, but somehow she still stands out. He is not sure, what can trade today. He wonders, why does he continue to trade. He thinks: “Do I like it all? What is the purpose?? What I want to achieve in general?” In this deal, right now, Bob carries an excess emotional burden.. He went into a business as usual, but made it a symbol of the overall picture; gave her deep meaning. Bob examines, what exactly does this deal mean to him. Most traders advise taking a day off., when such thoughts appear.

Remedy for fear of failure

Our approach to trading is determined by the vision of the future and expectations. For example, if we are too scared, we refuse to take mother risks, and as a last resort we may even be afraid to enter a deal. Our expectations, knowingly or unknowingly, have a huge impact on trading results. Traders face many common fears, and each of them is based on beliefs and assumptions, which should be identified and refuted. For example, in his book “Trade in the Zone”, Mark Douglas highlights such fears, which became the cause of many trading mistakes: be wrong, lose money, exit the game, leave money on the table. Many of these fears reflect a fear of failure..

Emotion and trade

Are you overwhelmed by emotions?? Or, vice versa, almost nothing can make you mad? Some people are more likely to experience unattractive emotions, than others. It's part of our character. When you try to control your emotions during a trading session, very useful to know, how resistant you are to unpleasant emotional influences. Personal character traits develop over time and are relatively stable in different situations.. People differ in the degree of their predisposition to bear unpleasant emotions., such as sadness, fear, anger in different situations. Are you giving in to emotions too much?? Take a little test, Evaluating, each of the yes or no statements, applied to myself.

Jack Canfield - Difficult Situations (video)

author: Jack Canfield Translation and Voice Acting: Dmitry Balezin Video text ... Overcoming a difficult situation is not always easy. Our minds are not inclined to let go of the memories of the event, which made us strong emotions. And negative emotions are very strong.. And memories of such events can quickly return, when things go wrong. A huge part of our memories of the past are events, which failed. Reflect on your childhood failures, or even a university. Think back to that totally awkward situation in PE class.. This memory stuck to you, is not it? This is because, that you felt very uncomfortable.

Jack Canfield - Overcoming Failure (video)

author: Jack Canfield Translation and Voice Acting: Dmitry Balezin Video text ... Overcoming failure and gaining success begins with acceptance 100% responsibility for your life. You must stop using excuses and make yourself a victim of something.. You must throw away all the reasons, why can't you succeed or haven't succeeded so far. I know, what is this call, but if you want to move forward, you must take full responsibility for everything, what's going on in your life. When we fail, we deviate from the goal, making excuses and blaming others. We give energy to personal responsibility. You can change it. If something doesn't work out, you may ask yourself: “How did I create a situation like this?? What did I say or did not say? How I got another person to behave this way?»

Failures and great people

Winston Churchill once said: “Never, never, never give up”. The British prime minister knew how to achieve his goals. As a result, it was he who became that person, thanks to which the nation was saved. However, Churchill managed to occupy such a high post in the government far from the first time.. Stubbornly running as a candidate for every election, is he, eventually, got his way, becoming prime minister of Great Britain at the age of 62 of the year. History is full of examples, when strong-minded people achieved their goals, no matter what the circumstances. Abraham Lincoln went to war with the rank of captain, and returned as a private. Deciding to do business, he burned out and was forced to abandon his idea. In the field of lawyer, he also suffered a failure.. The reason for this was his quick-tempered nature and impracticality.. Having retrained into politics, he made a number of attempts in this arena, but here too he suffered a series of crushing failures.

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