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Are you happy with your trading? Are you happy with your trading results? Would you like to get better results? You can. How? By changing your thoughts.
A man drove up to a service station and asked the attendant, “What are the people like in this town? I’m thinking of moving here and I want to know, ahead of time, what type of neighbours I can expect.” The service station attendant replied, “Well, what were your neighbours like in the town you are leaving?” The man answered, “They were nasty gossipers who never had a good word to say about anyone.” “Oh,” said the attendant, “you’ll find them pretty much the same in this town. I would recommend you keep on looking for another town.” Later a second man pulled into the service station, asking the same question, “What type of people live in this town?” And again the service station attendant enquired, “Well what type of people live near you now?” “Oh,” the second man said, “they are wonderful, kind people, easy to get along with.” To which the service station attendant replied, “You will find them pretty much the same, right here in this town”.
Same town, same people, different outlook. It is worth thinking about.
Same market, same trading tools, same stocks, different outlook. It is worth thinking about.
Look at other areas of your life. If you often find yourself quitting before you get the results you want, you will quit trading too. If you find yourself sticking with it and eventually getting there with persistence, that is what it will take to make you a trader: persistence. If in your life you are impatient, you will run out of patience trading. If things fall into place and you happen to be at the right place at the right time, your trading will follow the same pattern: you will happen to pick the right trades at the right time.
None of this is good luck, bad luck or coincidence. It is your mind, your psyche playing out your past patterns. Tony Robbins says: “Winners find a way and losers find a reason.” Think about that. Winners win because they find a way around the challenges they encounter. Losers lose because they give up and find a reason for their giving up.
If your training, the system you study, says you must use stops and you don’t, what needs to change? You and your thinking or the system (or the market, the broker, the stock …)? If your system says take this trade and you procrastinate, what needs to change? If you are in a trade and get impatient and pull out, only to see the trade make tons of money, what needs to change?
Change your thoughts. Think differently. If success has eluded you in the past, find, copy and emulate a winner. Find out their ways and their thinking and follow it.
Believe, achieve
Sinan Koray
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