Show Notes

Fear is a very powerful emotion and in trading it can lead us to large errors if we allow it to do so.

If we truly understand that every trade we make will bring about one of two results - a profit or a loss - and not make it any bigger than that, then we will be way ahead of most traders.

Whether we win or lose, the main factor is whether we followed our trading strategy or not.

If we did, then we must not let fear overtake us and keep us from taking the next trade or possibly making major changes in our strategy. We must agree that everything is on track and move on to the next trade.

Fear can be our ally or our enemy. It is up to us to decide which one we want.

Show Notes

It is always easy to hesitate, to slow down or to even quit.

However, many of us might be looking at situations and being more concerned with the possible outcome instead of the potential growth and learning that we will receive.

All great successes start with the first step, the first action and even possibly the first loss. Don't allow yourself to see a small step as a barrier.

Let's make the decision to wake up each day and take new steps, no matter how small they may be. the results will lead you to better things.

Show Notes

Creativity allows each of us to approach life with new thoughts and ideas.

Everyone is creative. The struggle comes when we do not recognize and accept that we have creativity inside of us and ignore the talent and actions that we are capable of achieving.

Successful individuals will always strive to think outside of the box and try something new to enhance their proven methods.

In trading we each need to apply our proven strategy with new ideas that are creative. If you change the way you think, you will change the results you receive.

Show Notes

One of the greatest stumbling blocks to achieving success in the important aspects of life is circumstances.

We seem to use them to get us off track or keep us from continuing to the end.

On the other hand, successful people use circumstances to drive them towards their goals.

As a trader, we all need to understand that there will be times when things arise that could easily cause us to make huge errors, become lazy in our decisions or even quit.

Instead, let's use the bumps in the road to grow and to become a more powerful and disciplined trader.