Page 16 - Psychology Course Study Manual

are present in the markets and are “nonlinear” as well. Or is it because fear and greed are

“nonlinear” and that they are present in the markets?

Choose: Success Or Failure?

Why is it that some people are successful and others never seem to be able to make it? What

makes a Michael Dell, Bill Gates, or a Chuck Yeager successful? Is there some secret ingredient

that only a select group of people have that makes them successful?

In a way yes, but it really is not a secret. We all have access to this quality that produces

success. It is the same quality that successful traders have as well. Success is relative and each

one of us may define it differently.
Have you ever wondered why two businesses that do the same thing have different results?

What is it that made the one business excel and the other fail? Is hard work alone the answer?

The answer is that successful people make up their minds to be successful and do whatever it

takes to succeed. They make a choice to succeed and this choice creates the energy necessary
to succeed! There have been many successful people that fail their way all the way to the top!

They never give up and they do what it takes to see their success through. You only fail when

you give up!

I have heard of traders going bust, and having to go back to working a regular job again. But

they keep their dream alive by learning the necessary trading skills, “paper-trading,” and then

when ready they begin trading with real money until they become successful enough to leave

their jobs and living their dream!

So, do you want to succeed? Yes it will be work, but it also can be fun if you choose it to be.

Your thoughts create the energy to either succeed or fail in anything you do in life. Trading is

nothing more than the vehicle you choose to play out your thoughts.

Don’t Lose Your Perspective!