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.

Show Notes

Every day we trade we experience challenges that can disrupt our session.

These include the market movement, the economic outlook, our emotions, our attitude and so much more. These items can cause us to do many things. including quitting.

However, the achiever recognizes all challenges when they arise and then adjusts so as to continue to move forward.

For all of us as traders, we need to never allow challenges to keep us from growing and becoming better at what we do.

We need to use everything that happens to assist us to learn, grow and achieve.

Show Notes

People all around the world desire to have better things happen in their life.

The interesting fact is that many of them have had better things happen; however they just did not stop to enjoy it.

As traders, we need to evaluate how we are doing and then if we are doing well. enjoy it. If we are not, then we need to be courageous enough to adjust.

Change is good if we believe in ourselves. Belief is the strongest element of any journey. Traders who believe will always perform better than those who do not.

Show Notes

If you could go back in time to the very first day you began trading, would you do anything different?

What if you had the knowledge you had right now after months or years of trading experience. Would you make some changes?

By analyzing what we do and what results we are getting and then being open to changing our habits or actions, we will always have a better opportunity for enhancing our skills.

So, let's go "Back to the Future" and look at what we might want to do if we decide to re-start our trading career.

To mark this 50th episode of the Mind of a Trader, interact with Steve and leave comments starting this episode and subsequent episodes on the new MOT blog!

Show Notes

Winning, Losing, Money and Success are just a few of the many aspects of life that people use to determine the worth of others as well as themselves.

In reality, it is not these results, but how we respond to them that will make our journey one that we enjoy and desire to continue doing, or whether we quit.

As a trader, the understanding of probabilities and how to make them work for us instead of against us will provide great power for you as you move forward in your trading career.